Crypto
Compare

How to Buy Crypto with HKD: Step-by-Step Guide for Hong Kong Users

Step 1: Create a Binance Account

Sign up to Binance

Creating a Binance account is easy. Using our referral link, you should land on this page.

Now, you only need to register with either your Email or Phone. Our recommendation would be to use your Email.

Read and agree to the Terms of Service & Privacy Policy, check it as completed, and click on Next.

Step 2: Verify Your Email or Phone Number

A 6-digit verification code will be sent to your registered email or phone number. Retrieve the code and enter it within 30 minutes.

Click Submit to proceed.

Step 3: Set a Secure Password

Create a strong password for your account. Ensure it is at least 8 characters long and includes one uppercase letter and one number. Click Next to confirm your password.

Step 4: Congratulations

You have successfully created a Binance account. Welcome to the world of crypto trading! You should be entitled to a “xxx” sign-up bonus!

Step 5: Withdraw Cash

You know how to do this.

Deposit to Binance

Step 6: Visit a Physical Store of CryptoHK

While bringing your HKD, CNY, or USD, you should be prepared by checking the following items:

  1. Store Location, to figure out how to get there.
  2. Real-time Price Quot, for the latest conversion rates.

Now when you visit their shop, you should ask to buy USDT for HKD. Once you accept the quote, they will ask you for a USDT deposit address.

Our recommendation would be to ask them to deposit USDT on the TRX Network. You can find your USDT TRX Deposit address by:

  1. Opening your Binance Application
  2. Clicking Add Funds
  3. Clicking Deposit Crypto
  4. Searching for USDT
  5. Choosing the Network Tron (TRC20)

At the store, they will ask you to show the QR code which they will scan. Afterward, you will receive a receipt.

On the receipt, double-check that the Deposit Address is the same as the one displayed in your Binance Mobile Application. If the Price Quote and Deposit Address are correct, they will ask for your signature and a phone number.

Step 7: Wait 2 Minutes

You should receive an email notification that the USDT has been received in your account.

Step 8: Place Your First Buy Order

You are now ready to buy your first crypto. We will take BTC as an example:

  1. Opening your Binance Mobile Application
  2. Clicking MarketS
  3. Clicking Buy
  4. Filling in the Amount or Total
  5. Clicking Buy to place your first order.

Step 9: Congratulations

You now own your first cryptocurrency.

Want to learn more about how to best secure your cryptocurrency?

Security and Custody