Asset × Country · Legal Status

How to Trade Stellar (XLM) in Hong Kong

STATUSLegal CLASSCrypto

Getting Stellar exposure from Hong Kong takes a wallet and USDC; the legal status and rail-by-rail detail follow.

Stellar · XLM-PERPCrypto · Hong Kong

Price · 24h—

Max leverage5x

Funding · APR—

In Hong KongAvailable

Canborsa fee0.07% per side

Stellar in Hong Kong · at a glance

Legal

legal statusStellar exposure from Hong Kong

max leverageStellar on Canborsa

0.07%

0.14% round-tripCanborsa fee per side

funding intervalSettled while a position is open

What the law actually says

Is Stellar trading legal in Hong Kong?

Spot crypto and leveraged crypto derivatives have to be answered separately in Hong Kong, and only the first is settled here. Spot: the SFC runs a licensing regime for virtual asset trading platform operators, and an SFC-licensed platform may admit virtual assets for trading by retail clients — the SFC's own conduct FAQ discusses what a platform operator must do when an asset 'available for trading by its retail clients' stops meeting the admission criteria, which only makes sense in a regime where retail trading on a licensed platform is allowed. Licensed platforms carry heavy obligations: custody, Know-Your-Client, AML/CFT, asset-admission criteria, market-abuse prevention, audit, risk management and cybersecurity.

What the contract is

The contract itself does not change by geography: a XLM perpetual settles in USDC everywhere.

Regulator — Hong Kong

Websitewww.sfc.hk

CryptoLegal

Funding · local rails

How to fund a trade from Hong Kong

The routes traders use to reach USDC before a deposit.

Rails · deposit routes

Rail

Status

Note

Bank Transfer (HKD)

WORKS

SFC-licensed HashKey and OSL support HKD pairs and fast withdrawals to major Hong Kong banks.

Credit/Debit Card

WORKS

Listed as a payment method for buying Bitcoin in Hong Kong, alongside bank transfer and P2P.

P2P Marketplace

WORKS

Listed as a payment method for buying Bitcoin in Hong Kong, alongside bank transfer and card.

Cryptocurrency Deposit

WORKS

Listed as a funding method for Hong Kong licensed platforms, alongside bank transfer.

Availability · by platform

Platforms that offer Stellar perps in Hong Kong

7 venues open Stellar perps to traders in Hong Kong.

Platform

Sign-up

Max lev

Taker fee

ApeX

Browser Wallet Non-custodial

50x

0.05%

Aster

Browser Wallet Non-custodial

—

0.04%

dYdX

Browser Wallet Non-custodial

10x

0.05%

gTrade

Browser Wallet Non-custodial

150x

0.035%

Helix

Browser Wallet Non-custodial

12x

0.0001%

Hyperliquid

Browser Wallet Non-custodial

5x

0.045%

Lighter

Browser Wallet Non-custodial

5x

0%

How to start trading Stellar from Hong Kong

Four steps from sign-up to an open position.

01.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

02.

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→

Robinhood Chain

03.

Open XLM-PERP

Pick XLM in the markets list. The ticket shows the live price, the current funding rate and max leverage 5x .

XLM-PERPPerpetual · USDC marginLONG

04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of XLM at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Position · PnLexamplePnL: $3,425.52|+53.6%

Tax note — Hong Kong

Hong Kong charges Profits Tax on a territorial basis and expressly excludes profits arising from the sale of capital assets; the Inland Revenue Department also states that no tax is levied on profits arising abroad, even if they are remitted to Hong Kong.