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Hata review: score, licensing and risks

71/100SCORE · BTrusted Grade B, very good

One of a small number of Recognized Market Operators approved by the Securities Commission Malaysia, which is a genuinely short list.

The facts

FOUNDED
2022
HEADQUARTERS
Malaysia
CUSTODY
Custodial.
MiCA / EEA
Not authorised across the EEA.
US ACCESS
No.
PROOF OF RESERVES
No standard proof of reserves publication.
FEES
Typical for a venue of its size. Confirm current pricing on its own site.
ASSETS
Varies

How the score breaks down

regulation20/25
security17/25
costs11/15
assets9/15
platform8/10
support6/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Established venue in Malaysia
  • Local MYR deposit and withdrawal rails
✗ Weaknesses
  • Malaysia focused, so limited use elsewhere
  • Less independent scrutiny than the global majors
  • Smaller asset list and thinner liquidity

Incident history

No major security breach or regulatory action on record.

Our read

One of a small number of Recognized Market Operators approved by the Securities Commission Malaysia, which is a genuinely short list.
COMPARE
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