Hata Review

What is Hata?

Founded in 2022, Hata is a Malaysia-based cryptocurrency exchange that aims to bridge the gap between regulated finance and the growing world of digital assets. As one of the first crypto platforms licensed by both the Securities Commission Malaysia and the Labuan Financial Services Authority, Hata positions itself as a compliant, secure, and user-friendly option for traders and investors across Southeast Asia and beyond. With a product suite that includes spot trading, automated investing, and fiat onramps, Hata offers a compelling solution for users looking to buy, sell, and manage digital currencies in a legally structured environment.

What does Hata offer?

Hata is a hybrid cryptocurrency platform offering both centralized exchange services and OTC (over-the-counter) trading. Designed with regulatory compliance at its core, Hata stands out in a region where crypto regulation is still evolving. The platform caters to both beginner and experienced users, offering an easy-to-navigate interface and essential features like wallet connectivity, order tracking, and portfolio summaries.

With ambitions to serve not just Malaysia but also global markets, Hata is gradually rolling out a “Global” version of its exchange, which expands asset offerings and adds support for broader fiat currencies. The platform has also gained attention for its recent funding success, signaling confidence from investors in its vision and scalability.

Hata Supported Cryptocurrencies

Hata supports a growing number of digital assets, including many of the most widely traded cryptocurrencies on the market. On its Malaysian exchange, users can trade major tokens such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), Litecoin (LTC), and Chainlink (LINK), among others. The platform also includes newer, fast-growing assets that cater to users seeking exposure to altcoins.

For users accessing Hata’s global platform, the selection expands further. While an exact list is not publicly available, users can expect over 30 trading pairs, combining high-liquidity assets with emerging tokens to serve a wide range of trading strategies.

All trades are conducted in USDT or local fiat equivalents, depending on the platform version. Hata continues to evaluate token additions based on community feedback, trading volume, and regulatory approval.

Hata Staking Services

As of now, Hata does not offer traditional staking services, such as locking up tokens to earn blockchain rewards. However, it does provide an Auto‑Invest feature that mimics some of the benefits of passive earning. This tool allows users to automate recurring purchases of supported cryptocurrencies, enabling a long-term dollar-cost averaging (DCA) strategy.

With Auto-Invest, users can schedule daily, weekly, or monthly purchases of assets like BTC or ETH using either Malaysian Ringgit (MYR) or USDT. This feature is especially attractive to users who want to grow their crypto portfolio steadily over time without actively managing each purchase.

Hata Affiliate Program

Hata has an affiliate program designed to encourage user growth through referrals. Registered users can invite friends or business contacts to join the platform and potentially earn rewards or bonuses based on referral activity.

While the specific structure of the affiliate program (e.g., commission rates, payout rules) is not publicly disclosed, Hata has dedicated resources explaining how users can share their referral links, track sign-ups, and understand reward eligibility. The program is available to users on both the Malaysia and Global platforms and supports network-driven expansion across regions.

Mobile Support

Hata offers full mobile support through its responsive website and a downloadable mobile application. Users can access core features such as trading, wallet management, deposit/withdrawal tools, and Auto-Invest setup directly from their phones.

While there is no official Progressive Web App (PWA) experience, the existing mobile version functions smoothly and mirrors the desktop layout, allowing seamless transition between devices. Whether you're tracking price changes, executing trades, or checking your reward history, Hata's mobile platform delivers reliable access on the go.

Trading View

Hata provides a clean, professional trading interface that caters to both beginner and advanced users. It includes tools for tracking price movements, placing market or limit orders, and customizing chart layouts.

The trading view allows users to choose between different chart types, time intervals, and technical indicators. While it may not be as advanced as specialized platforms like TradingView, it offers enough customization to conduct solid technical analysis within the platform itself. The interface is intuitive, quick to load, and well-suited for everyday traders looking for a smooth user experience. As of May 2025, this is the current trading view:

Hata OTC Service

Hata Global's Over-The-Counter (OTC) service provides institutional-grade cryptocurrency trading solutions designed for high-net-worth individuals and businesses looking to execute large-volume transactions. The platform specializes in facilitating private, off-exchange trades with minimum order sizes of $50,000, offering clients the ability to transact significant amounts of cryptocurrency without impacting market prices or revealing trading strategies to the broader market.

The service stands out through its comprehensive approach to large-scale crypto trading, featuring access to over 50 trading pairs, deep liquidity pools, and competitive pricing through advanced smart order routing technology. Hata's OTC desk provides personalized consultation services, allowing clients to work directly with expert traders to negotiate bespoke pricing and execute trades at known prices with guaranteed order fulfillment. This white-glove approach ensures that institutional clients receive tailored solutions that meet their specific trading requirements while maintaining the privacy and efficiency that large-scale cryptocurrency transactions demand.

Hata Fees

Hata keeps most of its fee structures behind account logins, but general observations can be made.

Hata Trading Fees (Spot Trading)

While exact percentages for maker and taker fees are not publicly listed, Hata is likely to follow industry-standard rates (typically around 0.1% to 0.2%). The fees apply to all spot trading pairs and may vary depending on trading volume or whether you're using the Malaysian or Global platform.

Hata Withdrawal Fees

Hata charges a flat fee for cryptocurrency withdrawals, though the amount may vary depending on the asset and network congestion. At present, users can expect fees in line with other exchanges, approximately 10 to 20 USDT-equivalent per transaction. Fiat withdrawals via local banks or SWIFT may also include small administrative fees.

Deposit Methods

Hata supports a wide range of deposit methods to accommodate both crypto-native and fiat-native users. These include:

• Crypto Wallets: Direct on-chain deposits using Ethereum, Bitcoin, and other supported networks.
• Bank Transfers: Malaysian users can deposit MYR via local bank transfers (DuitNow, FPX), while global users may access SWIFT transfers in USD or USDT.
• Third-Party Onramps: Through integrations with payment processors, users can also deposit funds using credit or debit cards.
• Recurring Deposits: Auto-Invest plans allow for scheduled fiat-to-crypto conversions without manual interaction.

Final Thoughts

Hata is a promising crypto exchange that’s doing things differently. With a firm commitment to compliance, a focus on usability, and a modern Auto‑Invest feature that sets it apart from many Southeast Asian platforms, Hata is building the foundation for long-term trust and user loyalty.

While the absence of futures trading, staking, and public fee tables may be a limitation for advanced users, the platform excels in ease of use, mobile support, and regulatory clarity. As its global platform evolves and community features expand, Hata is worth keeping an eye on, especially for users who want a compliant, user-friendly exchange with long-term potential.