U Station Crypto

U Station Crypto offers cash exchange of digital assets at a physical centre in Tsim Sha Tsui, Hong Kong, at Shop 16A, G/F, Tsim Sha Tsui Mansion. It operates as a cash crypto OTC bureau and serves both individuals and businesses.

What it offers The service exchanges cash for crypto and crypto for cash. The named assets are BTC and ETH, with stablecoins mentioned without further detail. Cash is accepted in HKD, USD and EUR, and settlement is made in cash at the shop.

Pricing As a reference, the company lists the BTC and ETH buy rate at +3% and the sell rate at −3%. The actual quote is confirmed in the store, and that in-store figure prevails over the reference spread.

Checks The company states that it carries out checks on the customer's identity, the purpose of the transaction and the source of funds. Business clients should be ready to explain the nature of the operation, and individuals should expect the same questions.

Who it suits The centre suits customers in Hong Kong who need to convert crypto into banknotes or the reverse in person. Limits, opening hours and the full list of supported stablecoins should be confirmed before visiting.