How to deposit and buy crypto in Hong Kong
The short answer
In Hong Kong, Backpack, Coinbase publish an official way to fund an account: SWIFT · ZA Bank, SWIFT. Backpack takes SWIFT · ZA Bank deposits (30 USD after the free quota · 1–5 business days) and pays withdrawals back to your bank (50 USD after the free quota · 1–5 business days). Checked against official help pages on 2026-10-15.
Step by step
Open an account on Backpack and complete identity verification (KYC).
Deposit USD by SWIFT · ZA Bank from a bank account in your own name.
Buy BTC, ETH or any other coin on the spot market.
To cash out, sell to USD and withdraw by SWIFT · ZA Bank to your bank.
Methods by exchange
Not offered
- OKX · all services · since 2024-05-31 · okx.com · checked 2026-10-15
FAQ
Which exchange is best for deposits and withdrawals in Hong Kong?
Backpack is the first choice in Hong Kong: SWIFT · ZA Bank.
Sources
- How to Deposit via Wire Transfer — ZA Banksupport.backpack.exchange · checked 2026-10-15
- How to Deposit via Wiresupport.backpack.exchange · checked 2026-10-15
- How to Withdraw via Wire Transfer — ZA Banksupport.backpack.exchange · checked 2026-10-15
- How to Withdraw via Wiresupport.backpack.exchange · checked 2026-10-15
- Add and verify a payment method - APAChelp.coinbase.com · checked 2026-10-15