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Hong Kong

Binance in Hong Kong

Rank in Hong Kong
#2 of 4
Bitcoin in Hong Kong
Legal
Our rating
4.2
Review updated
2026-08-12

Yes. Binance serves Hong Kong and ranks second of the 4 exchanges in our Hong Kong guide, on fees, security record and local payment support. Here it takes FPS (Faster Payment System), HKD bank transfer and Credit or debit card; FPS (Faster Payment System) is the rail local buyers lead with. Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Identity verification is mandatory for all users; there is no unverified tier.

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Rank in Hong Kong
#2 of 4
Fees
From 0.1% spot, maker and taker
KYC
Required
Pays with in Hong Kong
FPS (Faster Payment System), HKD bank transfer, Credit or debit card
Currency
Hong Kong dollar (HKD)

How to pay on Binance in Hong Kong

The deposit rails Binance offers to buyers in Hong Kong, from our Hong Kong guide reviewed 2026-08-12. Each one links to how that rail works here.

What Binance charges, and what it asks for

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

maker
0.1% at the base tier, falling with 30-day volume and BNB holdings
taker
0.1% at the base tier, falling with 30-day volume and BNB holdings
spread note
Instant buy and card purchases include a spread on top of the disclosed fee; the spot order book is the cheap way in.
deposit note
SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.
withdrawal note
Bitcoin withdrawals charge a network-based fee that varies with congestion.

Identity verification

Required. Identity verification is mandatory for all users; there is no unverified tier.

2 costs by action, on the Binance review

Binance's security and regulatory record

10 dated events on our record since 2019, 6 of them breaches, enforcement actions, insolvencies or outages. Newest first.

  1. Licence

    Failed to obtain a MiCA licence and stopped serving EU clients

  2. Licence

    Abu Dhabi regulator licensed the main Binance.com platform

  3. Outage

    Pricing failure forced liquidations, 283 million dollars repaid

  4. Resolved

    SEC dropped its 2023 lawsuit against Binance and its founder

  5. Enforcement

    Nigeria held a Binance compliance executive for eight months

All 10 events with detail and sources, on the review

Every exchange we rank in Hong Kong

Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.

Bitcoin exchanges ranked in Hong Kong by our editorial review of fees, security record and local payment support, with the payment methods each one offers here.
#ExchangeRatingFeesID checkPays with
1Kraken4.7From 0.25% maker, 0.40% takerRequiredCredit or debit card
2BinanceThis page4.2From 0.1% spot, maker and takerRequiredFPS (Faster Payment System), HKD bank transfer, Credit or debit card
3Coinmama3.9Commission plus card surchargeRequiredFPS (Faster Payment System), HKD bank transfer, Credit or debit card
4CEX.IO4.0Maker-taker; card costs moreRequiredCredit or debit card

Full comparison in the Hong Kong guide

Frequently asked questions

Is Binance available in Hong Kong?

Yes. Binance ranks second of the 4 exchanges in our Hong Kong guide, ranked on fees, security record and local payment support. Here it takes FPS (Faster Payment System), HKD bank transfer and Credit or debit card; FPS (Faster Payment System) is the rail local buyers lead with. Our Hong Kong guide was last reviewed 2026-08-12 and the Binance review on 2026-08-12.

What payment methods does Binance accept in Hong Kong?

In Hong Kong, Binance takes FPS (Faster Payment System), HKD bank transfer and Credit or debit card. These are the localized rails from our Hong Kong guide, not the platform's global list.

What does Binance charge?

Spot trading starts at 0.1% maker and taker, with a 25% discount for paying fees in BNB. Card purchases and instant buys cost more because a spread and processing fee are added.

Does Binance require identity verification?

Yes. Identity verification is mandatory for all users; there is no unverified tier. Our record marks this as the platform's own policy rather than a Hong Kong rule, so it applies wherever Binance operates.

Is bitcoin legal in Hong Kong?

Bitcoin is legal in Hong Kong, and retail trading has been permitted on licensed venues since the Securities and Futures Commission opened its virtual asset trading platform regime to retail investors in June 2023. More than a dozen platforms, including HashKey Exchange and OSL, now hold SFC licenses.

Has Binance had security incidents or regulatory action?

Our record for Binance lists 10 dated events since 2019: 1 breach, 4 enforcement actions, 1 outage, 1 proof-of-reserves attestation, 1 resolved case and 2 licences. The most recent, on 2026-06-25: Failed to obtain a MiCA licence and stopped serving EU clients. Each event carries a source on the Binance review.

Binance elsewhere in Asia

Binance ranks in 181 countries on this site. 12 of its 22 Asia pages are linked here; the review lists all of them.

Sources