Abstract The key descriptor that dominates the kinetics of the alkaline hydrogen evolution reaction (HER) has not yet been unequivocally identified. Herein, we focus on the adsorbed hydroxyl (OH ad ) transfer process (OH ad + e − ⇄ OH − ) and reveal its crucial role in promoting the overall kinetics of alkaline HER based on Ni/Co‐modified MoSe 2 model catalysts (Ni‐MoSe 2 and Co‐MoSe 2 ) that feature almost identical water dissociation and hydrogen adsorption energies, but evidently different activity trends in alkaline (Ni‐MoSe 2 ≫ Co‐MoSe 2 ) and acidic (Co‐MoSe 2 ≥ Ni‐MoSe 2 ) media. Experimental and theoretical calculation results demonstrate that tailoring MoSe 2 with Ni not only optimizes the hydroxyl adsorption, but also promotes the desorption of OH − and the electron‐involved conversion of OH ad to OH − , all of which synergistically accelerate the kinetics of OH ad + e − ⇄ OH − and thereby the overall kinetics of the alkaline HER.