Hyperliquid Review
The leading on-chain perpetuals DEX with no KYC and full self-custody
★★★★½4.7(3,800 reviews)Overall Rating
4.7/5 ★
Maker Fee
-0.01%
Taker Fee
0.035%
Countries
1+
Quick Summary
The leading on-chain perpetuals DEX with no KYC and full self-custody. Rated 4.7/5 with maker fee of -0.01%. A solid choice for the right user.
Pros & Cons
Pros
- ✓No identity verification required
- ✓True self-custody — you own your keys
- ✓Negative maker rebates (earn fees as maker)
- ✓Industry-leading on-chain throughput
- ✓Fully transparent on-chain order book
- ✓HYPE token airdrop precedent for early users
Cons
- ✗Perpetuals/derivatives focus — not ideal for spot Bitcoin buying
- ✗Requires crypto wallet (MetaMask, Ledger etc.) to get started
- ✗No fiat on-ramp — must bring crypto from another exchange
- ✗Smart contract risk inherent to all DeFi
- ✗No customer support — community-based help only
Key Features
How to Buy Bitcoin on Hyperliquid — Step by Step
Go to Hyperliquid
Click the 'Open Account' button to open Hyperliquid in a new tab.
Create your account
Enter your email address and create a strong, unique password. Verify your email address via the confirmation link.
Enable 2FA security
Go to security settings and enable two-factor authentication using Google Authenticator. This protects your account from unauthorized access.
Complete KYC verification
Upload a government-issued photo ID (passport or driver's license). Verification usually takes 5–15 minutes. Some regions may require a selfie.
Deposit funds
Add money via bank transfer (cheapest), credit/debit card (fastest), or P2P. Bank transfers may take 1–3 business days.
Buy Bitcoin
Navigate to "Buy Crypto" → Select Bitcoin (BTC) → Enter your amount → Review the fee → Confirm. Bitcoin will appear in your account within seconds.
Secure your Bitcoin (recommended)
For holdings over $500, consider transferring to a hardware wallet like Ledger or Trezor for full self-custody.
Hyperliquid Fees
| Fee Type | Rate |
|---|---|
| Spot Maker | -0.01% |
| Spot Taker | 0.035% |
| Credit Card Deposit | 1–3% |
| Bank Transfer Deposit | Free |
| Bitcoin Withdrawal | Network fee only |
Supported Countries
Recommended Exchange
Ready to buy Bitcoin on Hyperliquid?
Maker: -0.01% · Taker: 0.035% · Rating: 4.7/5
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