A new survey highlights the shift toward digital banking platforms as Hong Kong investors seek simplified, regulated access to crypto markets.
Digital Banks Overtake Traditional Crypto Exchanges in Hong Kong
A rising number of crypto investors in Hong Kong are opting for digital banks over traditional crypto exchanges, citing simplicity and convenience as key drivers. According to a new survey released by ZA Bank, nearly 70% of investors now prefer using digital banking platforms to access and trade cryptocurrencies.
In a press release shared with crypto.news, ZA Bank emphasized that the trend reflects a changing attitude toward digital asset investment — one that favors seamless, all-in-one platforms over standalone crypto exchanges.
One-Stop Platforms Win Investor Confidence
According to the survey, investors were drawn to digital banks for two primary reasons:
- The ability to trade crypto directly using bank deposits, and
- The convenience of managing everything from a single account.
“Cryptocurrencies are increasingly viewed as an emerging component of diversified portfolios,” said Calvin Ng, CEO of ZA Bank.
“Looking ahead, we will continue to expand our one-stop digital investment platform, covering a broad range of asset classes, including crypto, funds, and stocks.”
The survey further reveals that 81% of investors are demanding enhanced features such as crypto-in-crypto-out transactions, which would give users more flexibility when moving assets within the crypto ecosystem.
Regulatory Clarity Boosts Confidence
The survey also notes a positive shift in sentiment around crypto regulation. Nearly 70% of respondents said that greater regulatory clarity will encourage wider adoption and participation in the crypto market.
This aligns with findings from a March survey conducted by the Hong Kong University of Science and Technology, which showed that 25% of Hongkongers plan to hold cryptocurrencies a 6% increase from September 2023. Notably, respondents expressed greater trust in regulated platforms, with 20% more people indicating they’d feel safer using licensed exchanges over unregulated ones.
The Future of Crypto Banking in Hong Kong
As Hong Kong continues to evolve into a regional hub for digital assets, platforms like ZA Bank are positioning themselves as the gateway for everyday investors to enter the market safely and efficiently.
With growing regulatory support and a clear demand for integrated services, digital banks may become the new norm for crypto trading in the region especially as investors prioritize ease of use, security, and compliance.
