HKD.com

What HKD.com does

HKD.com is a privately held, globally operated digital asset exchange offering spot trading across 100+ cryptocurrency pairs, perpetual futures contracts, short-duration flash options, copy trading, an OTC fiat-to-crypto buy desk, an Earn yield product, and the HKD Card crypto debit card. The platform supports self-serve registration in roughly 10 seconds and distributes via iOS App Store, Google Play, Android APK and web, positioning it as a mobile-first, product-led retail exchange. Underlying technology emphasizes a layered security architecture with hot and cold wallet separation, and the company markets "multi-region licenses" as a core compliance differentiator.

Revenue is generated primarily through transaction-based fees: trading fees on spot, perpetual and options volumes; conversion fees on HKD Card crypto-to-fiat transactions (0–1.0% by tier); recurring annual fees on premium card tiers ($49 Gold, $499 Black); and one-time card issuance fees ($10–$20). A four-tier subscription-style card program (Virtual / Standard / Gold / Black) with 1.5–5% cashback, staking-gated access and travel/lounge benefits layers subscription-like recurring revenue onto the transaction base. Customer acquisition relies on product-led growth via mobile apps, a referral program paying up to $2,500/month in crypto, and copy trading as a viral surface.

The company serves a global mix of individual and institutional crypto traders, with a horizontal segmentation approach across geographies rather than industry verticals. No disclosed founding date, headcount, funding history, management team, or revenue figures are available, which materially constrains investor diligence and represents a notable transparency gap relative to comparable regulated exchanges.

Name

HKD.com

Legal name

HKD

Website

https://hkd.com

Company type

Private

Founded year

2020

Operating status

Operating

Short description

HKD.com is a private, multi-region licensed digital asset exchange offering spot, perpetual, options, copy trading, earn products and a Mastercard-powered HKD Card to global retail and institutional crypto traders via a self-serve, mobile-first platform.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Card Issuing & Card Programs (Debit/Credit/Prepaid) (FSADAIAC)

akta.pro secondary industries

Digital Asset Custody & Tokenization Servicing (FSAAAOAO), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE), Virtual Prepaid & Single-Use / Tokenized Cards (FSAMANAJ)

Keywords

• Cryptocurrency exchange
• Digital asset trading
• Crypto debit card
• Perpetual contract trading
• Copy trading platform

Headquarters

HQ city

Kowloon City

HQ country

Hong Kong SAR China

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Trading Fees: Transaction fees from spot trading, perpetual contracts, and options trading
2. Card Conversion Fees: Conversion fees on HKD Card crypto-to-fiat conversions: 1.0% Virtual, 0.8% Standard, 0% Gold, 0% Black tiers
3. Card Annual Fees: Annual fees from premium card tiers: $49 Gold, $499 Black (Virtual and Standard waived with spending thresholds)
4. Card Issuance Fees: One-time card issuance fees: $10 Standard PVC card, $20 Gold metal card

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

HKD.com is a digital asset (cryptocurrency) exchange that lets individual users buy, sell, trade, earn yield on, and spend cryptocurrencies. The platform provides spot trading, perpetual contracts, options, swap, copy trading, an Earn product, OTC crypto purchase, and a crypto-funded debit card (HKD Card) issued in partnership with Mastercard, delivered through a mobile-first self-serve application under multi-region regulatory licenses.

Product overview

HKD.com is a comprehensive digital asset exchange platform offering a multi-product ecosystem for trading, earning, and spending cryptocurrency. The platform provides Spot Trading for over 100 crypto pairs, Swap for instant token exchanges, Perpetual Contracts for leveraged futures trading, Flash Options for short-duration predictions, Copy Trading for social trading, an HKD Card crypto debit card with Mastercard acceptance and up to 5% cashback, and an Earn product for generating returns on digital assets. The platform emphasizes security through multi-region licenses and layered security with hot and cold wallet separation.

Differentiator

Problem solved

Functional benefit

Brands

• HKD Card: Crypto debit card product allowing users to spend cryptocurrency worldwide with Mastercard, offering cashback rewards ranging from 1.5% to 5% depending on card tier.

Products and services

• Spot Trading

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• MastercardcoreTechnology or IntegrationHKD Card is powered by Mastercard, enabling global acceptance at any merchant that accepts Mastercard worldwide with no foreign transaction fees

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kraken: Long-standing regulated crypto exchange with spot, futures, and staking — overlapping product surface and a similar emphasis on regulatory compliance and security architecture.
• Coinbase: US-regulated crypto exchange offering spot, futures, staking/earn, and a Coinbase Card — competing on regulatory compliance, multi-product breadth, and global expansion similar to HKD.com's value proposition.
• HTX (Huobi): Global crypto exchange offering spot, derivatives, and earn products, with a strong Asia-Pacific user base — comparable in product breadth and international market targeting.
• Binance: World's largest crypto exchange offering spot, futures, options, earn, and a crypto debit card (in eligible regions) — directly comparable multi-product platform competing head-to-head with HKD.com for global traders.
• Bitget: Crypto exchange with strong copy trading focus, plus spot, futures, and a Bitget Card — closely comparable on the social-trading and card-product dimensions that are central to HKD.com's offering.
• Gate.io: Global crypto exchange offering spot, futures, options, and earn — competing for the same international user base with a similarly broad product portfolio.
• OKX: Global crypto exchange with spot, derivatives, copy trading, earn, and a crypto card, targeting similar self-serve global users with mobile-first PLG motion closely aligned to HKD.com's positioning.
• KuCoin: Global crypto exchange offering spot, futures, earn, and a KuCard — directly comparable multi-product platform serving international retail and pro traders.
• Crypto.com: Crypto exchange with Visa-powered debit card offering tiered cashback rewards — the most directly comparable peer to HKD.com's Mastercard-powered HKD Card program and tiered rewards structure.
• Bybit: Derivatives-heavy crypto exchange with spot, perps, options, copy trading, and a Bybit Card — directly competing in the same product surface area and target trader demographic as HKD.com.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/HKD_exchange
• LinkedInlinkedin.com/company/hkdcom

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HKD.com