Hotcoin Global Pty Ltd
Last reviewed
2026-07-29
Compliance snapshot
- AUSTRAC digital currency exchange registration is the only licence on file
- No prudential supervision of customer asset holdings
- Trustpilot 3.1/5 · 520 reviews
- No MiCA application published
Overall concern
High concern
Registration with the Australian AML supervisor is the only substantive authorization; there is no prudential or market-conduct licence and no EU authorization.
Regulatory
Licenses & registrations
- 🇦🇺 AustraliaRegisteredDigital currency exchange registrationAustralian Transaction Reports and Analysis CentreAUSTRACDCE100612-0012018-05-17Verify at source
User signals
Reputation
Trustpilot-style score
3.1/ 5
3.1
520 reviews
Stable (12m)
App ratings
- App Store
- 4.0
- Google Play
- 3.8
Press sentiment (12m)
Positive3
Neutral4
Negative3
Media
Recent press
- 2026-06-26Australian exchange registrations under reviewNeutral
Reuters — AUSTRAC signalled tighter conditions for digital currency exchanges.
- 2026-03-17Hotcoin expands Asia-Pacific listingsNeutral
CoinDesk — Regional token coverage was broadened.
- 2025-11-28AML obligations tightened for exchangesNeutral
Bloomberg — New reporting duties took effect for registered operators.
- 2025-08-06Registration is not authorization, regulators warnNegative
Financial Times — Supervisors reminded users that AML registration is not prudential oversight.
- 2025-04-30Hotcoin publishes wallet snapshotNeutral
CoinDesk — A self-reported reserve snapshot was released.
History
Incidents & enforcement
- 2024-08-21Outage
Deposits and withdrawals paused for around six hours during a wallet migration.