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Domestic Bitcoin buying and selling platform

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2024-03-27 14:26:101265browse

Since Bitcoin trading is banned in mainland China, there is currently no compliant domestic platform that can buy and sell Bitcoin. However, some overseas exchanges can still provide services to users in mainland China. The overseas exchanges are as follows: 1. Binance; 2. Huobi; 3. OKX; 4. Matcha; 5. Zhongbi

Domestic Bitcoin buying and selling platform

There are more than 200 cryptocurrency trading platforms active today, so choosing the best digital currency exchange to meet your trading needs can be challenging. Task.

You don’t just need to evaluate an exchange’s security, supported cryptocurrencies, fees, and more – you also need to evaluate the friendliness of its customer service, the security of its wallet, and its minimum account balance.

2022-Best Cryptocurrency Trading Platforms in China

After we reviewed various factors, we selected the following 8 best digital currency trading platforms:

1.OKX - 340 low-fee altcoin exchange for trading multiple tokens

2.Binance – Cryptocurrency trading platform with lowest commission fees

3.Crypto.com – via debit A trading platform for easily investing in virtual currencies

4.eToro – the best virtual currency trading platform in China and the world

5.DeFi Swap – a leading decentralized digital currency trading platform with Many useful trading functions

6.PrimeXBT – anonymous trading, highly secure virtual currency trading platform

7.Bitstamp – a digital currency exchange with high reputation and national certification

8.Huobi – A digital currency trading platform suitable for savings accounts

As of March 26, 2024, no exchange or platform is allowed to conduct Bitcoin transactions in mainland China. Therefore, there are no compliant domestic platforms to buy and sell Bitcoin.

However, some overseas exchanges can still provide services to mainland Chinese users. These exchanges often require users to complete identity verification (KYC) to ensure their legitimacy.

The following are examples of some overseas exchanges:

Binance: https://www.binance.com/en

Huobi: https://www. htx.com/zh-cn

OKX: https://www.okx.com/

Matcha: https://en.wiktionary.org/wiki/matcha

Zhongbi: https://en.wikipedia.org/wiki/wikt:Coin

It should be noted that there are certain risks in using overseas exchanges, such as:

Exchange The safety of users' funds may not be guaranteed.

Exchanges may be blocked by the Chinese government.

Users may need to pay higher transaction fees.

Therefore, users should carefully consider the risks before using overseas exchanges.

Here are some alternative ways to buy Bitcoin:

Buy Bitcoin via Over-the-Counter (OTC) trading. OTC trading means that buyers and sellers trade directly without going through an exchange.

Buy Bitcoin using a Bitcoin ATM. A Bitcoin ATM is a machine that can exchange fiat currency into Bitcoin.

Buy Bitcoin using a P2P trading platform. P2P trading platform refers to a platform where buyers and sellers can conduct transactions directly.

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