Given the abundance of potassium resources, potassium-ion batteries are considered a low-cost alternative to lithium-ion types. However, their electrochemical performance remains rather unsatisfactory because potassium ions have sluggish kinetics and large ionic radius. In this study, NiCo₂Se₄ nanotube spheres are synthesized as efficient potassium storage hosts via a facile two-step hydrothermal process. The rationally designed electrode has various ameliorating morphological and functional features, including the following: (i) A hollow structure allows for relief of the volume expansion while offering an excellent electrochemical reactivity to accelerate the conversion kinetics; (ii) a high electrical conductivity for enhanced electron transfer; and (iii) myriad vacancies to supply active sites for electrochemical reactions. As such, the electrode delivers an initial reversible capacity of 458.1 mAh g⁻¹ and retains 346.6 mAh g⁻¹ after 300 cycles at 0.03 A g⁻¹. The electrode sustains a high capacity of 101.4 mAh g⁻¹ even at a high current density of 5 A g⁻¹ and outperforms the majority of state-of-the-art anodes in terms of both cyclic capacity and rate capability, especially at above 1.0 A g⁻¹. This study not only proves bimetallic selenides are promising candidates for potassium storage devices but also offers new insight into the rational design of electrode materials for high-rate potassium-ion batteries.