Malaysia’s cryptocurrency landscape is undergoing a transformative shift, with local innovation driving the next wave of digital finance. At the forefront of this movement stands HATA, a homegrown, Securities Commission Malaysia (SC)-licensed crypto trading platform launched in July 2024. As one of only five officially regulated exchanges in the country, HATA is rapidly emerging as a trusted gateway for Malaysian investors seeking secure, low-cost, and diverse cryptocurrency trading options.
With a clear mission to build a mature and advanced crypto ecosystem in Malaysia, HATA is not just another trading platform—it’s a strategic player positioning itself at the heart of Southeast Asia’s digital asset revolution.
👉 Discover how HATA is reshaping crypto access for everyday investors.
A Vision Rooted in Local Expertise
At the helm of HATA is co-founder and CEO Liu Dequan, a seasoned veteran in the global cryptocurrency space. With prior experience in architecting and scaling Luno, one of the earliest international crypto platforms in Malaysia, Liu led the charge to capture 90% of the local market within five years. Now, he’s channeling that same expertise into building HATA—a platform designed by Malaysians, for Malaysians.
In a recent exclusive interview, Liu emphasized that while global players dominate the current scene, they often lack deep cultural and regulatory understanding of Malaysia’s unique financial environment. “We’re closer to our users,” he said. “We understand local needs, compliance requirements, and investor behavior better than any foreign platform.”
This local-first approach extends beyond customer service—it influences everything from user interface design to withdrawal methods tailored for MYR (Malaysian Ringgit) transactions.
Fully Regulated and Financially Backed
Trust is paramount in digital finance, and HATA has taken significant steps to establish credibility:
- SC-Licensed Platform: Operating under the strict oversight of Malaysia’s Securities Commission ensures transparency, investor protection, and legal compliance.
- Global Funding Success: In 2024, HATA raised USD 4.2 million (approximately RM18.07 million) from international investors, including renowned venture capital firms such as Castle Island Ventures, Cadenza Ventures, and Singapore-based SPAC investors.
- Strategic backing also comes from key players in the crypto space, including Bybit, AP Capital, and Alliance.xyz, signaling strong confidence in HATA’s long-term vision.
This combination of regulatory approval and global investment positions HATA as a sustainable, future-ready platform capable of weathering market volatility and scaling across borders.
Competitive Advantages: More Coins, Lower Fees
For retail and high-net-worth investors alike, two factors matter most: asset variety and cost efficiency. HATA excels on both fronts.
Wide Range of Tradable Cryptocurrencies
HATA currently supports trading across 18 major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), and stablecoins like USDT. The team plans to expand this list continuously based on market demand and regulatory approval.
Industry-Leading Low Trading Fees
Compared to international platforms that typically charge up to 2% per transaction, HATA offers significantly lower rates:
- Maker fee: As low as 0.1%
- Taker fee: Starting at 0.4%
- Fees decrease further with higher monthly trading volumes—rewarding active traders with even greater savings.
Additionally, HATA provides a unique advantage: users can convert crypto assets directly into MYR at zero conversion fees—a feature not commonly found among competitors.
👉 See how low-fee trading can maximize your crypto returns.
Seamless Onboarding with Real Rewards
Opening an account on HATA is fast, fully digital, and rewarding:
- Account setup takes less than 15 minutes online.
- Complete your first deposit of RM201 and receive a cashback reward paid in Ethereum (ETH) after 30 days.
- Invite friends using your referral link: for every friend who signs up, deposits RM200, and completes a trade, you earn RM50 in ETH—also credited after 30 days.
These incentives are designed to lower entry barriers and encourage community-driven growth—all while maintaining full compliance with anti-money laundering (AML) and know-your-customer (KYC) standards.
Building the Future of Digital Finance in Malaysia
Liu Dequan envisions HATA not just as a trading venue but as a foundational pillar for Malaysia’s blockchain economy. “The crypto market here is still in its infancy,” he noted. “Most people don’t realize how much potential there is—not just for investment, but for financial inclusion and innovation.”
To that end, HATA is investing in:
- Financial literacy programs to educate new users
- Institutional-grade security protocols, including cold storage and multi-signature wallets
- Partnerships with fintech firms to integrate crypto into everyday payments
By focusing on accessibility, affordability, and security, HATA aims to become the preferred platform for both novice traders and sophisticated investors across the Global South.
👉 Learn how emerging markets are leading the next phase of blockchain adoption.
Frequently Asked Questions (FAQ)
Q: Is HATA legally authorized to operate in Malaysia?
A: Yes. HATA is officially licensed by the Securities Commission Malaysia (SC), making it one of only five regulated crypto exchanges in the country.
Q: What cryptocurrencies can I trade on HATA?
A: HATA currently supports 18 cryptocurrencies, including BTC, ETH, BNB, SOL, DOGE, XRP, and USDT. New assets are added regularly based on user demand and regulatory clearance.
Q: How does HATA keep my funds safe?
A: HATA uses industry-standard security measures, including offline cold storage for 98% of assets, multi-signature wallets, encrypted databases, and regular third-party audits.
Q: Are there any hidden fees when trading on HATA?
A: No. All fees are transparently displayed before each transaction. There are no hidden charges, and MYR withdrawals are free of conversion fees.
Q: Can I earn rewards without making trades?
A: While trading activity enhances rewards eligibility, you can earn referral bonuses simply by inviting friends who complete sign-up and minimum deposit requirements.
Q: Does HATA support fiat currency deposits?
A: Yes. Users can deposit Malaysian Ringgit (MYR) via supported bank transfers and instantly use those funds to purchase cryptocurrencies.
By combining regulatory compliance, competitive pricing, local insight, and global backing, HATA is setting a new standard for digital asset platforms in Malaysia. As the nation embraces blockchain technology, HATA stands ready to lead the charge—democratizing access to crypto for millions across the region.