tent) is an urban locality (an urban-type settlement) and the administrative center of Khasynsky District of Magadan Oblast, Russia, located on the Kolyma Highway, 87 kilometers (54 mi) northwest of Magadan and about 100 kilometers (62 mi) south of Atka.

[7] The exact date of foundation of the settlement is unclear, although it began at some point in the early 1930s as the area's gold reserves were explored, and a labor camp of the gulag was built here.

In spite of its somewhat chaotic and unplanned nature, by 1939 Palatka was one of the largest settlements on the Kolyma Highway, and in August of that year began the construction of permanent dwellings.

After the dissolution of the Soviet Union, the closure of the reindeer farm left a great number of local people unemployed (mainly Evenks and Orochs), and the mining industry also saw a general downturn with administration moving to other localities such as Susuman.

Palatka lies on the route of the proposed future rail link between the Amur Yakutsk Mainline and Magadan.