Ask anyone where to find a crypto exchange in Tsim Sha Tsui and they will point you at Chungking Mansions: the money-changer stalls, the neon on Nathan Road, the queue of travellers holding passports. That picture is half right. TST really is one of Hong Kong’s densest spots for swapping cash and crypto, but it has changed since 2025. USDT can no longer be openly sold to the public, some shops have gone to quote-on-request, and others now buy but won’t sell. This page lists every machine and counter we could verify, and what each one will and won’t do.
A word on where the numbers come from. Machine counts are taken from the operators’ own published lists (COINHERO, CoinUnit and Localcoin), downloaded and de-duplicated on 6 October 2026. Shop addresses and hours come from the shops’ websites. We did not visit any of these sites, and “listed” is not the same as “working today”, so check the operator page before you head out.
Bitcoin ATMs in Tsim Sha Tsui: all ten
As of 6 October 2026, three operators list ten crypto ATMs in TST: three from COINHERO, six from CoinUnit and one from Localcoin. Two of them are COINHERO machines flagged as buy-and-sell. Only eight machines in the whole of Hong Kong can pay you cash for Bitcoin, so TST holding two of them makes it one of the few places, alongside Mong Kok and Causeway Bay, where you can sell as well as buy.
Notice the pattern. Most of these machines live in 24-hour self-service laundromats: Sunshine Laundry on Kimberley Street, the two LaundrYup branches on Minden Avenue and Kimberley Road, Sunshine 24 on Shun Yee Street. Laundromats never close and rent is cheap, which is exactly what an ATM operator wants. The other three keep mall hours: the two in K11 Art Mall, and the CoinUnit unit on the second floor of China Hong Kong City, open 08:00 to 20:00.
That China Hong Kong City machine sits at 33 Canton Road, home of the ferry terminal for Macau and mainland ports, so it is right on the path of cross-border travellers. CoinUnit’s other quiet spot is the lobby of Dash Living on Prat, a serviced-apartment block on Prat Avenue, open around the clock. Over on the East TST side, Localcoin’s kiosk is in The Capital on Chatham Road South. The operator’s directions: Exit D1, along Carnarvon Road, right onto Cameron Road, next to Park Hotel.
K11 Art Mall: two operators under one roof
K11 Art Mall at 18 Hanoi Road is the odd one out. COINHERO has a machine on B2 and CoinUnit has one on B1, a single escalator ride apart. According to the operator lists it is the only mall in Hong Kong hosting two brands. In practice that means you can compare the on-screen quotes on both machines before committing, which is rarely possible anywhere else.
| COINHERO TST #1 | CoinUnit TST #1 | |
|---|---|---|
| Floor | B2/F | B1 (near MTR Exit N3) |
| Hours | Daily 10:00–22:00 | Daily 09:00–22:00 |
| Sell at machine | Yes 13% + HK$25 | No online request |
| Buy fee | 13% + HK$100; members 6.5% | Not published; shown on screen |
| Coins | BTC, ETH, BCH, DOGE, XAUt | BTC, ETH, DOGE, LTC, TRX |
| Notes | HK$1,000 / 500 / 100 (first note 1,000 or 500) | HK$500 / 1,000 only |
Sources: COINHERO FAQ and locator, CoinUnit FAQ, checked 6 October 2026.
Don’t mix it up with K11 Atelier. One Satoshi’s reservation-only desk is at 18 Salisbury Road, a different building on the Victoria Dockside side, a few hundred metres from the art mall. Plenty of people walk to the wrong one.
Staffed crypto shops in TST
If you want to deal with a person, need more than an ATM will take, or want to sell for cash without a machine, TST has a few counters whose details we could check on an operator site or a reliable list. Other names that float around online (BTC Shop, Otcxpert, Crypto Pro, Coinfactory) come from a third-party roundup dated early 2025. We could not confirm they still trade, so they are not listed.
One Satoshi at Chungking Mansions is the easiest to find: Shop 11 on the ground floor, straight out of TST Exit E. One Satoshi is Hong Kong’s largest walk-in crypto chain and deals in cash only. Its FAQ says no ID is needed at or below HK$120,000; above that you show an HKID or passport and may be asked for proof of address dated within two months. Our full One Satoshi review covers the rest.
VBIT is on the ground floor of 嘉芬大廈 on Humphreys Avenue, about 50 metres from Exit A2, opposite Grand Centre, open daily 11:00 to 19:30. It lists BTC, ETH, SOL, BNB, DOGE and TRX. For USDT, its site says “出金” only: it will buy USDT from you but won’t sell it to you, which is the standard post-ordinance setup. More in our VBIT review.
BitAny gives no street address, only “Tsim Sha Tsui”. It opens Monday to Saturday 10:00 to 19:00, advertises USDT and asks for an ID copy on your first trade. When we looked on 6 October 2026, its price table showed placeholder numbers (7 and 8) rather than live quotes. Without a confirmed address, we would be cautious.
Crypto Panda is a different case. It appears on hardware-wallet maker OneKey’s official list of authorised Hong Kong resellers, at Shop 59–60, Mirador Mansion, 54 Nathan Road, a few doors from Chungking Mansions. If you came to TST for a genuine hardware wallet, buying from an authorised reseller keeps OneKey’s warranty. But Crypto Panda’s own site also markets USDT OTC trades with “no minimum, no fees” and lists only messaging-app contacts, and an August 2025 media report said it kept quoting USDT privately after the ordinance took effect. A wallet and a USDT trade are two very different purchases. Read the next section before the second.
Swapping USDT in TST: what the law changed
TST tops the searches for USDT exchange shops because for years it was where travellers, cross-border traders and freelancers swapped cash for USDT. The Stablecoins Ordinance (Cap. 656), in force since 1 August 2025, changed that. Only “permitted offerors” such as HKMA-licensed issuers, SFC-licensed firms and banks may offer specified stablecoins to the public. In a LegCo reply on 10 September 2025, the government said plainly that virtual-asset OTC shops are not permitted offerors and cannot offer stablecoins like USDT to retail or professional investors, and that the HKMA would follow up.
That explains what you will see on the ground: shops that take USDT but won’t sell it, shops that have stopped posting prices and quote privately, and a few that still advertise USDT on their websites. For you as a buyer, the bigger issue isn’t prosecution. It’s that the whole trade happens outside any regulator: no standard pricing, no way to check where the other side’s money came from, and nowhere to complain if it goes wrong.
A second date matters even more. The VA dealing licensing bill (consultation conclusions published 24 December 2025) will bring OTC shops under SFC licensing with no transitional period. As of 6 October 2026 it has not been gazetted. On the day it takes effect, any unlicensed shop has to stop trading, so the counters you see in TST today may not be there afterwards. For legal ways to hold USDT or an HKD stablecoin, see our USDT guide and stablecoin rules explainer.
TST’s safety and anti-money-laundering record
TST’s cash-trade history has a few episodes worth knowing before your first visit. We list only events reported in the media with dates we could verify:
- Oct 2023JPEX probe reaches Carnarvon Road
Police searched an OTC shop on Carnarvon Road during the JPEX investigation. This was 2023; some search engines wrongly date it 2026.
- May 2024The “hell notes” scam
A customer sent about HK$1 million in USDT to a TST shop and was handed joss-paper “hell banknotes”. Three staff were arrested and about 3,000 fake notes seized.
- May 2025HK$118m laundering ring
Police broke a ring using around 500 mule accounts; withdrawn cash was taken to crypto exchange shops to convert. Reports linked TST shops to the case.
- 30 Jan 2026Sheung Wan yen robbery
Six people were arrested after a yen robbery on Des Voeux Road Central; two of them worked at a TST virtual-currency shop and were suspected of handling the loot.
The common thread is large amounts of cash. Buying a few thousand dollars of Bitcoin at a laundromat ATM mostly risks a high fee or a mistyped wallet address. Walking into a shop with several hundred thousand in notes is different: counting, fakes, personal safety, and whether the counterparty is tied up in laundering. Chungking Mansions is busy and open late, but that doesn’t make every stall reliable.
The two most useful machines in TST aren’t the most visible ones. They’re the K11 B2 unit and the 24-hour one on Nathan Road, because both buy back.
Any laundromat ATM in the district will turn a few thousand dollars of cash into Bitcoin, at a steep fee. What’s scarce is the reverse: only eight machines in Hong Kong pay out cash, and TST has two, one of them open all night. For staffed shops, we only use counters that publish an address, hours and an ID threshold.
Nearby options and online alternatives
North along Nathan Road is Jordan, roughly a kilometre away, with five buy-only ATMs in laundromats and a claw arcade. Beyond that, Yau Ma Tei has six, all in laundromats. For more staffed counters, Mong Kok is the densest district in the city, with the 608 Nathan Road cluster, VBIT on Argyle Street and Crypto HK on Nelson Street. Across the harbour, Causeway Bay has COINHERO’s 24-hour buy-and-sell flagship. The whole network is on our Bitcoin ATM map, and shops are compared in the crypto exchange shops guide.
If you live or work in TST, you may not need cash at all. With an HKD bank account you can fund a licensed platform by FPS and typically pay under 0.3%, against 13% or more at an ATM. Already on Futu, Tiger or ZA Bank? Check what your bank or broker app offers. To buy instantly by card or Apple Pay, an international platform is the quickest route, provided you accept there’s no Hong Kong investor protection. And for turning coins back into Hong Kong dollars, our cash-out guide compares licensed platforms, ATMs and shops.
One last note for visitors staying in TST. Not having an HKID doesn’t rule you out, but it narrows the options. ATMs and some shops need no registration below certain amounts, while licensed platforms usually want proof of a Hong Kong address. Our guide for visitors sets out what works and what doesn’t. We won’t explain ways around identity checks or capital controls.
Frequently asked questions
Where is the nearest Bitcoin ATM in Tsim Sha Tsui?
Operator lists checked on 6 October 2026 show 10 machines in TST: three COINHERO, six CoinUnit and one Localcoin. Most are in 24-hour laundromats around Kimberley Road, Minden Avenue and Prat Avenue; two sit in K11 Art Mall on Hanoi Road. See the full list above or the citywide ATM map.
Can I sell Bitcoin for cash at an ATM in TST?
Yes, at two machines. COINHERO flags its K11 Art Mall unit (B2/F, 10:00–22:00) and its Laundry Xpress unit at Tsim Sha Tsui Mansion, 83–97 Nathan Road (24 hours) as buy-and-sell. The published sell fee is 13% plus HK$25. The other eight TST machines are buy-only.
Is it legal to buy USDT at a crypto shop in Tsim Sha Tsui?
Since 1 August 2025 the Stablecoins Ordinance limits who may offer stablecoins to the public, and the government told LegCo that OTC shops are not permitted offerors. Some TST shops now only buy USDT from customers. For legal routes see our USDT guide.
Do I need ID to use a crypto shop at Chungking Mansions?
One Satoshi, which has a ground-floor shop in Chungking Mansions, says no ID is needed at or below HK$120,000. Above that it asks for an HKID or passport and possibly proof of address. Other shops set their own thresholds, and practice varies widely.
How much do Bitcoin ATMs in TST charge?
COINHERO publishes 13% plus HK$100 per purchase (6.5% for registered members). Localcoin’s machine data shows 13.5% plus HK$23. CoinUnit shows its fee only on screen. On a HK$1,000 purchase at COINHERO, that works out to roughly HK$230 in fees.
Sources
- COINHERO — ATM locations · checked 6 Oct 2026
- CoinUnit — Hong Kong Bitcoin ATMs · checked 6 Oct 2026
- One Satoshi — store list · checked 6 Oct 2026
- HKSAR Government — LCQ10: Stablecoins Ordinance and OTC shops · 10 Sep 2025
- Wen Wei Po — TST virtual-currency shop staff arrested over Sheung Wan robbery · 31 Jan 2026
- OneKey — authorised resellers in Hong Kong · checked 6 Oct 2026
Ready for your first coin?
Sign-up and the ID check take a few minutes. Then buy Bitcoin, Ether or USDT with Visa, Mastercard or Apple Pay.
It is not licensed by Hong Kong’s SFC, so local investor protection does not apply. For HKD and FPS deposits, use a licensed platform.