Hata: new regulated crypto exchange
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 May 11 2024, 12:32 PM, updated 7 months ago
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#1
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1,084 posts Joined: Jul 2022 
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Looks like can sign up already, but no details on launch.
Exchange only have USDT/USD, no MYR pair. https://hata.io/ App also available in app store This post has been edited by Natsukashii: May 11 2024, 12:34 PM |
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May 12 2024, 12:49 PM
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#2
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1,084 posts Joined: Jul 2022
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QUOTE(Andrew Lim @ May 11 2024, 07:40 PM) Honestly I'll just stick to Binance / Coinbase / Luno Regulated by SC also can escape with our money?These new exchanges don't have liquidity and can escape with your money anytime  |
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May 12 2024, 06:58 PM
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#3
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Senior Member
1,084 posts Joined: Jul 2022
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QUOTE(raynman @ May 12 2024, 03:36 PM) I don't think Hata has a MYR (fiat ringgit) wallet for USDT trading. There is no MYR/USDT pair..BNM and SC won't allow it. If so, a lot of Malaysians will park their ever-weakening ringgit there to hedge against inflation and ringgit weakness, making the ringgit even weaker. Regulated exchanges like Luno, Sinegy, MX Global and Tokenize all don't support USD stablecoins like USDT and USDC. But if we access what they have for now, it's USDT/USD I actually haven't activate an account Depending on their exchange rate, maybe we can transfer USDT to them, and then convert to MYR They might limit USDT wallet, like how you said does seems it's the case. Like you know wise card, we can hold USD in it, but in Malaysia, the limit is so low.. only RM20k total balance on the entire account. So similar thing might be in play with USDT. All these limits, and still MYR drowning lol. Apa kejadah ntah. Anyway, the launch is not official yet it seems, so maybe they'll remove it and only have what other minor exchanges offers in Malaysia |
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May 27 2024, 04:37 PM
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#4
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1,084 posts Joined: Jul 2022
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QUOTE(Deyy @ May 27 2024, 04:00 PM) I've tried out the platform recently and here's my comments on its pros and cons so far. How did you deposit USD?Pros: 1. Fees are considered cheap for a regulated platform - (Bank transfer for MYR deposit is free, USD deposit is free, instant buy/sell with MYR is 1% compared to Luno's 2%, maker fee on exchange Cons: 3. Can only use USD to buy USDT, not other cryptocurrencies. Then again, this is probably because of BNM not allowing it as someone has already mentioned above. Win Win Inspiration liked this post
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May 31 2024, 03:13 PM
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#5
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1,084 posts Joined: Jul 2022
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QUOTE(Deyy @ May 28 2024, 01:45 PM) I bank transferred using Wise. Have to manually perform a bank transfer and submit a proof of deposit for USD deposits. 1. You used swift?2. Did you convert to USD first or you converted when you do the transfer? |
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Jul 21 2024, 09:14 PM
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#6
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Senior Member
1,084 posts Joined: Jul 2022
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They send out welcome email which exposed those who were in the waiting list
Bad mistake, especially for a company that is in technology sector who just started Anyway, will still try them, see how service.. I don't own much crypto anyway Just wanna transfer USDT and buy memes lol |
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Nov 26 2024, 04:44 PM
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#7
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1,084 posts Joined: Jul 2022
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QUOTE(EhrgeizX89 @ Nov 26 2024, 01:38 PM) Anybody know how to make HATA accepts USDT? I know it requires HATA Global, but how do I open HATA Global account using my HATA Malaysia account? Just switch to global. It's in the setting or something. EhrgeizX89 liked this post
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Dec 3 2024, 09:15 PM
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#8
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1,084 posts Joined: Jul 2022
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QUOTE(EhrgeizX89 @ Dec 3 2024, 01:55 PM) If I transfer USDT to HATA Global, and sell my USDT there, is it possible to transfer the USD amount back to HATA Malaysia? Cannot, because Hata Malaysia does not support USD.Maybe in future. EhrgeizX89 liked this post
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Dec 18 2024, 08:25 PM
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#9
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1,084 posts Joined: Jul 2022
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QUOTE(colmi @ Dec 17 2024, 07:23 PM) Strange. Once you get into hata.. there will be two platform.There is only one HATA website for Global and Malaysia. Am I missing something? BTW, I am a Luno user. I may want to open a HATA account for diversification. I suppose eKYC is mandatory, just like Luno. 1. Malaysia 2. Global You can switch between them. |
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May 24 2025, 06:40 PM
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#10
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1,084 posts Joined: Jul 2022
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QUOTE(ycktech @ May 22 2025, 09:55 AM) Thanks The page also said, "Upon submitting a ticket, we will send you a follow up email requesting for further information should the need arise."So how's the follow up email? |
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