Here are the top most popular and trusted bitcoin exchanges in Hong Cong where you can buy, sell, transfer and invest in bitcoins. 1] ANX About company: – ANX has high-performance online trading platform. It has been specializing in the exchange of fiat and crypto and crypto-to-crypto currencies. 6 rows · Buyer Payment method Price / BTC Limits; easybtc (15 +; %) National bank transfer: Hong. Another way to buy Bitcoins in Hong Kong is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private. Local Bitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers.
Buy sell bitcoin in hong kongHow To Buy Bitcoin in Hong Kong
You can refer to our guide on Bitcoin exchanges in Hong Kong to select one based on different criteria such as transaction fees, withdrawal limits, payment methods, security, reputation, and ease of use. However, some exchanges might require you to get a cryptocurrency wallet first in order to store the Bitcoin purchased.
Also, it is advisable to use a separate wallet for security reasons so that users can protect themselves against potential exchange hacks. Once you have a wallet, you can easily purchase Bitcoin on an exchange of your choice and transfer the tokens to the wallet. In fact, Hong Kong is flush with 61 Bitcoin ATMs, making it really easy for anyone looking to buy Bitcoin to simply turn up at one of the machines and quickly purchase the digital tokens in a fast and anonymous manner using cash.
On the other hand, steps are being taken by start-ups like Pundi X to boost the number of locations where people can spend their Bitcoin. In July last year, Pundi X had completed the trial of its Bitcoin point-of-sale device and was on track to deploy some of the devices in Hong Kong.
It tied up with an organic food restaurant chain in the country where customers can pay using Bitcoin. The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. Atomic wallet is a multicurrency mobile wallet with a beautiful interface and easy to use features. Electrum is a Bitcoin-only wallet that has been around since It's easy to use, but has advanced features. In , the Dash Foundation as well as Bitcoin Hong Kong issued warnings to their audience that both had noticed several websites popping up claiming to them.
These websites were clearly scams pretending to speak for Bitcoin Hong Kong and the Dash foundation and should be ignored and reported to authorities. To date, 5 individuals connected to the scam have been arrested, but other may still be at large and perpetuationg similar scams.
It later came to light that MyCoin may have never been operating legally in Hong Kong in the first place, which limited the amount of oversight into their operation. It is now believed that MyCoin never actually facilitated any real trading, but was instead running a Ponzi scheme. The speed of withdrawals became slower and slower as time went on.
In fact, lower tier members were told by higher tier members that they needed to recruit more customers in order to get their money out. In August of , , Bitcoins were stolen from the Bitfinex cryptocurrency exchange, a subsidiary of iFinex based in Hong Kong. Bitfinex is a global exchange, however so this hack did not just affect Hong Kongers. In , several reddit users out of Hong Kong began to notice young attractive women on tinder matching with them and, after sometimes a month of talking, would bring up tips about a new cryptocurrency they were interested in.
After baiting the victim, they would convince them to deposit coins on a specific exchange, that would end up being a scam site that just takes you money. Girls mostly from Hong Kong will play the very long game of leading you to believe they have an inside tip about a new crypto. They will talk to you for over a month possibly before they bring it up. Other users commented with their own stories, some falling victim and some seeing the scam for what it was.
One thing everyone agreed on: these scams were sophisticated and believable and everyone should beware no matter how sceptical you think you are. As with all investing decisions, do your own research and be sceptical of anyone on Tinder claiming to have the inside scoop on hot new coins to buy.
It may be a total scam. The company has a vision of being the largest, most well featured and most user friendly cryptocurrency platform in the world. ANX is now one of the most used Bitcoin exchange platforms and one of the top 6 largest Bitcoin exchanges in the world by volume. The debit card can also be used to withdraw cash worldwide.
No registration is required to use the ATM. All you need is a smartphone to create your bitcoin wallet and some cash to buy from the Bitcoin ATM. This simple transaction can be done in a matter of seconds. There is also a Bitcoin Store that is fully automated with robots and automated security systems. CoinGecko Buzz is a space for lists , guides , and insights article on Bitcoin and other digital currencies cryptocurrencies. Let us know what you think about this new section by sending us an email at hello coingecko.
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Where to Buy and Sell Bitcoin in Thailand. Where to Buy and Sell Bitcoin in Singapore.