FINTRACActive
Canada Crypto Asset Exchange Registration (MSB)
HiBT
Regulated in Canada
Crypto Asset Exchange Registration (MSB)
Global Business
Basic Information
Country/RegionCanada
Exchange AbbreviationHiBT
Company NameKAIXUAN NETWORK CO., LTD
Operating Period2-5 years
Websitehttps://hibt.com/
Exchange TypeCentralized Exchange
RiskNotice
2 risk alerts
- License No.
- M22503476
- Regulatory Jurisdiction
- Canada
- Licensed Entity
- KAIXUAN NETWORK CO., LTD
- Effective Date
- 2022-01-04
- Sharing Status
- No
Exchanges with 24H trading volume exceeding 82.14%
54 /100
$1,290,000,000
103.81% | Currency/Name | Trade | Unit Price | Change | 24H Vol | +2%/-2% Market Depth | Liquidity |
|---|---|---|---|---|---|---|
 | BTC/USDT | $78,986.73 | 2.13% | $463,662,316.44 | $120.02M/$25.58M | 1,035 |
| USDC/USDT | $1.00 | 0.02% | $320,993,604.99 | $6.61M/$4.79M | 733 |
| ETH/USDT | $2,477.05 | 1.22% | $206,952,621.19 | $50.83M/$6.30M | 927 |
| XRP/USDT | $1.48 | 1.82% | $80,677,376.67 | $15.51M/$4.85M | 766 |
| SOL/USDT | $96.27 | 1.07% | $39,847,664.42 | $14.38M/$4.22M | 737 |
| DOGE/USDT | $0.0895299 | 3.68% | $32,090,610.79 | $5.39M/$3.80M | 680 |
| PYTH/USDT | $0.04930545 | 6.66% | $25,851,342.05 | $76.53K/$55.72K | 441 |
| ZEC/USDT | $815.82 | 6.59% | $24,514,726.93 | $4.99M/$1.43M | 731 |
| HYPE/USDT | $77.33 | 4.32% | $23,313,744.28 | $8.10M/$2.75M | 707 |
| BNB/USDT | $704.17 | 0.69% | $22,174,563.16 | $13.71M/$2.93M | 716 |
Exchange Overview
Exchange Overview
What is HIBT?
HIBT is a digital asset trading service platform registered in Canada in 2021. With a team of 200+ seasoned professionals in the field of digital assets and a deep understanding of core financial technologies, HIBT offers trading and investment services to over 3 million users worldwide. The platform supports both spot and derivative trading services, dedicated to discovering the brightest crypto gems for investors.
As a trustworthy company, HIBT sincerely serves a vast community of crypto asset investors. Committed to providing the most convenient, secure, and reliable services, HIBT aims to be the preferred platform for crypto asset investors.
What Fiat Currencies Does HIBT Support?
Currently, HIBT supports Chinese Yuan (CNY) support United States Dollar (USD), Hong Kong Dollar (HKD), Thai Baht (THB), and Japanese Yen (JPY).
How is the Security Performance of HIBT?
HIBT ensures bank-level security protection for user assets, with 90% of user funds stored and controlled in multi-signature cold wallets. Additionally, HIBT employs leading software and hardware firewalls, intrusion detection systems (24/7), and conducts regular security audits and vulnerability scans. The risk control team operates 24/7 to guarantee the absolute security of user funds.
Where is the Headquarters of HIBT Located?
HIBT is headquartered in Dubai, with operation centers in Japan, South Korea, Singapore, and other locations.
What Licenses Does HIBT Hold?
HIBT holds regulatory licenses from Canada and the United States for MSB.
Does HIBT Support Leverage or Margin Trading?
HIBT supports up to 100x leverage in perpetual contract trading. Users can choose between full-margin and isolated-margin modes for contract trading. HIBT offers a variety of quantitative strategy tools (grid trading, martingale strategy, etc.) for users to configure and use with their trading parameters.
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WikiBit Exchange Exit Scam Risk List — No. 17: BigONE — Li Xiaolai and “Old Cat’s” “Living Fossil” of the Crypto World: How Did It Become a “Regulatory Blacklist Regular”?
Introduction: The A and B Sides of a “Living Fossil” in Crypto Over the first 16 editions, we dug into a series of exchanges ranging from HashKey to Hibt. Today, in the 17th edition, we turn to a genuine crypto “old-timer” — BigONE. Its résumé reads like a “living fossil” of the crypto industry: “Founded in 2017,” “the original Yunbi team,” “co-founded by Li Xiaolai and Old Cat (Yu Wenzhuo),” “incubated by INBlockchain (InBlockchain Capital),” “ranked No. 40 globally on CoinMarketCap,” “nine years of operating history,” and “approximately $426 million in Proof of Reserves (PoR).” Sounds like a veteran, legitimate crypto institution, right？ But on the other side of the story — Japans Financial Services Agency (FSA) has repeatedly warned and cracked down on it for “continuing to operate without obtaining a license despite receiving multiple warnings.” On September 2, 2026, the Korea Digital Asset Exchange Alliance (DAXA) found that BigONE was allegedly operating in South Korea without registration and called for a police investigation. CoinPaprika labels it “not MiCA compliant,” with a confidence score of only 5.76%. WikiBit describes it as operating under “loose regulation.” CoinGecko gives it a Trust Score of 5/10, while Trustpilot rates it just 2/5. In July 2025, BigONE suffered a supply-chain
WikiBit Exchange Exit Scam Risk Report #16 — Hibt: MSB “Sticker Compliance” + 3 Million Users, How Did a “Data Giant” Become a Withdrawal Black Hole?
Introduction: A “Split-Personality” Exchange With Impressive Data and Extremely Difficult Withdrawals In the previous 15 editions, we investigated a series of exchanges ranging from HashKey to OrangeX. For the 16th edition, we are looking at one of the most “split-personality” platforms in the crypto industry — Hibt. Its resume sounds almost like a crypto “humblebrag” masterpiece:“Registered in Canada in 2021”“Headquartered in Dubai, with operations across Japan, South Korea, and other regions”“Holding Canadian and U.S. MSB registrations”“470+ cryptocurrencies and 500+ trading pairs”“Ranked among the global top 50 exchanges on CoinMarketCap, with over $1 billion in 24-hour spot trading volume”“90% of assets stored in cold wallets”“200+ professional employees”“Serving more than 3 million users worldwide” At first glance, this sounds like a platform with the configuration of a top-10 global exchange. But on the other side:WikiBit rating: 6.06/10, labeled “No Effective Regulation”Trustpilot rating: 2.2/5, with users openly calling it a “SCAM”Some users report that withdrawal applications have remained under review for more than two months, with funds never returned So how did a “data giant” claiming billions in trading volume become a “withdrawal black hole” in users eyes？ Today, we break it down layer by layer.1. Regulatory Compliance: An MSB Is a “Sticker,” Not a Real License Hibts “Compliance Package”
WikiBit Exchange Exit Scam Risk Ranking #15: OrangeX — Can Two “Compliance Stickers” (Czech VASP + US MSB) Cover Up a Screen Full of “SCAM” Allegations?
Introduction: An Exchange with “Schrödingers Compliance” In the previous 14 editions, we investigated a series of exchanges ranging from HashKey to Echobit. In this 15th edition, we take a deep dive into what appears to be a “compliance packaging expert” — OrangeX. On paper, OrangeX has an impressive résumé:“Czech VASP license + US MSB registration”“Completed $30 million in funding” ($10 million Series A + $20 million Series B)“Top 50 ranked on CoinMarketCap”“Over $1.5 billion in 24-hour trading volume”“Publicly verifiable Proof of Reserves (PoR)” Sounds like a rising star in the regulated crypto industry, right？ But on the other side:The Seychelles Financial Services Authority (FSA) issued a public warning on October 15, 2025, stating that OrangeX “is not currently authorized” and “has not submitted any application”;Trustpilot gives OrangeX only 1.4/5, with users repeatedly calling it a “SCAM EXCHANGE”;WikiBits risk assessment shows “no confirmed regulation” and “questionable regulatory status”;Users have reported account freezes, blocked withdrawals, and being forced to sign agreements waiving their rights. So how can an exchange claiming to hold a “Czech VASP + US MSB dual compliance structure” be publicly questioned by the Seychelles FSA？ Today, we will break it down layer by layer.1. Regulatory Compliance: Two “Compliance Stickers” Shattered by a Seychelles FSA Warning The
