As the cryptocurrency market continues to evolve in 2025, beginners seek trusted platforms to start their investment journey. This guide explores OSL—a Hong Kong-based, fully regulated exchange—covering its security measures, account requirements, fees, and step-by-step onboarding.
Why Choose a Regulated Platform Like OSL?
OSL, backed by BC Technology Group (HKG.0863), holds Type 1 (Securities Trading) and Type 7 (Automated Trading Services) licenses from Hong Kong’s Securities and Futures Commission (SFC) since 2020. Key advantages:
- Institutional-grade security: Cold/hot wallet segregation, regular audits, and custodial services.
- Supports BTC/ETH trading with OTC, exchange, and SaaS options.
- Compliance-first approach reduces fraud risks and ensures asset safety.
Account Requirements
- Age: 18+ years.
- KYC Documents: ID/passport, proof of address, biometric verification.
- Initial Deposit: HKD 10,000 (refundable) to meet SFC guidelines.
OSL’s Security Framework
1. Regulatory Compliance
SFC-licensed, adhering to AML/CFT standards.
2. Wallet Protection
95% assets in cold storage; multi-signature hot wallets for transactions.
3. Transparency
Quarterly audits by Big Four accounting firms.
4. Account Safety
- 2FA enforced for logins and withdrawals.
How to Open an OSL Account (3 Steps)
- Register via email as an individual user.
- Submit KYC documents (ID, address proof, financial details).
- Complete risk assessment and bank verification (2–3 business days).
Fee Structure
| Transaction Type | Fee |
|---|---|
| Trading (Retail) | 0.30% |
| HKD/USD Deposit | Free |
| First HKD Withdrawal Daily | Free (min. HKD 1,000) |
| Crypto Withdrawal | BTC 0.001 / ETH 0.01 |
Deposit/Withdrawal Guide
Funding Your Account
- Bank Transfer/FPS: Send HKD/USD to OSL’s designated account.
- Crypto Transfer: Use supported wallets (BTC/ETH).
Withdrawing Funds
- Select currency (HKD/USD).
- Enter amount (meet minimums).
- Confirm bank details.
Processing Time: 1–2 business days (local banks); 2–3 days (overseas).
FAQs
1. Is OSL good for small investors?
Yes! No minimum trading limits, though initial deposit requires HKD 10,000.
2. Are fees competitive?
OSL offers low retail fees (0.30%) and free first daily HKD withdrawals.
3. Why the HKD 10,000 deposit?
Mandatory under SFC rules to verify identity and prevent money laundering. Funds remain usable for trades.
Promotional Offer (2025)
Complete these steps to earn HKD 10,088 in BTC rewards:
- Register + KYC: HKD 100 BTC.
- Deposit HKD 10,000: HKD 88 BTC.
- First trade (HKD 100): HKD 100 BTC.
- Accumulate HKD 80,000 in trades: HKD 800 BTC.
- Upgrade to PI Account: Additional HKD 9,000 BTC (for high-volume traders).
Disclaimer
This content is informational only. OSL is licensed by Hong Kong’s SFC. Unlicensed platforms targeting Hong Kong users may violate local laws. Always verify regulatory status before investing.