Cryptocurrency continues to gain momentum worldwide, with more users seeking accessible and secure platforms to trade, earn, and manage digital assets. Kikitrade, launched in 2020 by Everest Ventures Group, has emerged as a user-friendly all-in-one crypto exchange tailored for both beginners and experienced investors. With support from prominent backers like Animoca Brands and Ethereum co-founder Joseph Lubin, Kikitrade offers spot trading, high-yield savings plans, and a growing C2C marketplace.
This comprehensive guide walks you through everything you need to know about Kikitrade’s deposit and withdrawal methods—including the latest C2C and bank transfer options—as well as its earning features, fee structure, and security practices.
What Is Kikitrade?
Kikitrade is a Hong Kong-based cryptocurrency exchange designed to simplify digital asset management. It serves over 100,000 users globally and emphasizes accessibility, community engagement, and financial innovation. Beyond standard spot trading, Kikitrade differentiates itself with:
- High-interest flexible savings accounts
- Automated dollar-cost averaging (DCA) plans
- A peer-to-peer C2C trading platform
- An active crypto community hub
Backed by reputable investors in the blockchain space, Kikitrade aims to bridge traditional finance with the decentralized future of money.
👉 Discover how to start earning high yields on your crypto assets today.
How to Deposit Funds on Kikitrade
Kikitrade currently supports multiple deposit methods: credit card, C2C trading, and bank wire transfers via Circle. Each method has its pros and cons depending on speed, cost, and convenience.
Credit Card Deposits (via Switchere)
Kikitrade partners with Switchere, a third-party payment gateway, to enable Visa and Mastercard deposits. While convenient, this method comes with several drawbacks:
- Foreign exchange fees
- Switchere’s administrative charges
- Blockchain network gas fees
Due to higher overall costs and less favorable exchange rates, credit card deposits are generally not recommended unless urgency is a priority.
C2C Peer-to-Peer Trading
Kikitrade recently introduced its C2C marketplace, allowing users to buy crypto directly from verified sellers using local payment methods such as FPS (Faster Payment System) or bank transfers.
Step-by-Step C2C Deposit Process:
- Go to the Deposit section
- Select C2C Trading
- Choose Buy Crypto
- Filter sellers by criteria (exchange rate, inventory, payment method)
- Select your preferred seller
- Pay the required amount in HKD or USD
- Wait for the seller to release your USDT or chosen cryptocurrency
In case of disputes—such as non-receipt of funds—users can file a claim with Kikitrade’s customer support for resolution.
⚠️ Note: Always use trusted sellers and avoid off-platform communication to prevent fraud.
👉 Learn how to safely trade crypto using peer-to-peer platforms.
Bank Wire Transfers via Circle
For users in Hong Kong, Kikitrade integrates with Circle, a leading fintech firm behind the USDC stablecoin, enabling fiat deposits via bank transfer.
Supported Banks:
- Standard Chartered Bank
- HSBC
- Citibank
- Hang Seng Bank
- DBS Bank
Users can send USD via SWIFT wire transfer to Circle at competitive interbank exchange rates. The daily deposit limit is $200,000 USD, but processing typically takes 1–2 business days.
Circle Deposit Fees:
- Circle processing fee: $5 per transaction
- Bank wire fees: Vary by institution (see below)
While渣打, 花旗, and DBS offer fee waivers under certain conditions (e.g., DBS Fast Transfer), others like HSBC and Hang Seng charge between HKD 50–240 per transfer.
How to Withdraw Funds from Kikitrade
As of early 2025, Kikitrade has suspended withdrawals to virtual banks. However, users can still withdraw fiat to traditional Hong Kong bank accounts or transfer crypto assets externally.
Fiat Withdrawal (Bank Transfer)
To withdraw HKD to a local bank:
- Complete KYC verification
- Use a bank account under your own name
- Submit withdrawal request through the app
Only traditional banks are supported; neobanks like ZA Bank or Liv are not eligible at this time.
Crypto Withdrawal (Off-Platform Transfer)
To move crypto holdings to another wallet or exchange:
- Navigate to My Wallet > Withdraw
- Select the cryptocurrency
- Enter the destination address and amount
- Confirm with Google Authenticator
Ensure accuracy when entering addresses—transactions are irreversible once confirmed on-chain.
Circle Withdrawal Fees Explained
Withdrawing funds via Circle incurs the following charges:
- Circle processing fee: $25 per transaction
- International wire fee: $20–$50 (charged by intermediary banks)
These fees make large-volume withdrawals more cost-effective than frequent small ones.
Kikitrade Trading and Service Fees
Understanding fee structures helps optimize returns and reduce unnecessary costs.
Spot Trading Fees
Kikitrade uses a standard maker-taker model:
- Taker fee: 0.2%
- Maker fee: 0.08%
Market makers who add liquidity enjoy significantly lower fees.
Savings & Investment Fees
- Flexible savings: No management fees
- Auto-investment (DCA): 0.1% per transaction
The platform incentivizes long-term participation with zero fees on most earning products.
Earn Crypto with Kikitrade’s Financial Products
One of Kikitrade’s standout features is its high-yield earning options—ideal for passive income seekers.
Flexible Savings Plans (Up to 8% APY)
Users can deposit supported cryptocurrencies into flexible accounts with no lock-up periods. Interest is calculated daily and paid weekly.
Current Interest Rates (as of 2025):
- USDT: Up to 8% APY
- BTC & ETH: 2% APY
- Other major tokens (e.g., AVAX, LINK, ALGO, NEAR): 0.8% APY
Assets like TRX, GALA, SAND, APE, and FTM also qualify for competitive returns with full liquidity.
💡 Tip: USDT offers the highest yield—ideal for stablecoin holders looking to grow their holdings without market risk.
Auto-Investment Plans (Dollar-Cost Averaging)
Kikitrade supports recurring purchases of popular cryptocurrencies:
- Bitcoin (BTC) Plan
- Ethereum (ETH) Plan
- Dogecoin (DOGE) Plan
By investing fixed amounts weekly or monthly, users reduce volatility exposure through averaging.
Frequently Asked Questions (FAQ)
Q: Is Kikitrade safe to use?
A: Yes. Kikitrade implements industry-standard security measures including two-factor authentication (2FA), cold storage for most assets, and regular audits. Backing from reputable firms like Animoca Brands adds further credibility.
Q: Can I deposit HKD directly into Kikitrade?
A: No. Direct HKD deposits were suspended in late 2021. Users must use C2C trading, USD wire transfers via Circle, or transfer crypto from other platforms.
Q: Are there any hidden fees on Kikitrade?
A: All fees are transparently listed. However, third-party services (like Switchere or banks) may impose additional charges outside Kikitrade’s control.
Q: How fast are C2C transactions?
A: Most C2C trades settle within minutes once payment is confirmed. Seller response time varies based on availability.
Q: Can I earn interest on altcoins?
A: Yes. Kikitrade supports flexible savings for over 30 cryptocurrencies, including altcoins like NEAR, SAND, APE, and GALA.
Q: Does Kikitrade support futures or margin trading?
A: As of 2025, Kikitrade focuses on spot trading and savings products. Derivatives trading is not currently offered.
Final Thoughts
Kikitrade stands out as a secure, community-driven crypto platform that prioritizes accessibility and passive income opportunities. Its recent addition of C2C trading enhances flexibility for Hong Kong users, while partnerships with firms like Circle enable reliable fiat on-ramps.
Whether you're new to crypto or looking for competitive yields on USDT and BTC, Kikitrade offers a streamlined experience with transparent fees and strong institutional backing.
👉 Start growing your crypto portfolio with high-yield savings options now.