3 Best Crypto Exchanges to use in China (2025)

Cryptocurrency trading has gained immense popularity in China, despite the country’s strict regulatory environment. For those looking to dive into the world of crypto, choosing the right exchange is very important. In this article, we’ll look at the top three crypto exchanges in China: Binance, Bybit, and Bitget. We’ll also provide step-by-step guides on how to open an account on each platform and compare their features to help you make an informed decision.

Important update: If you have issues accessing the exchange, then a VPN like Astrill or NordVPN works.

1. Binance

Binance is the largest and most popular cryptocurrency exchange in the world, and for good reason. It boasts over 120 million users globally and supports more than 350 cryptocurrencies. Binance is known for its very good security measures, low trading fees, and a wide range of features, including spot trading, futures trading, staking, and even an NFT marketplace.

One of the key reasons Binance is the top choice is its sustainability. With a massive user base and significant funding, Binance is less likely to face liquidity issues, making it a safer option for traders. Additionally, Binance offers a user-friendly interface, making it suitable for both beginners and experienced traders.

How to Open a Binance Account

1. Access Binance: Due to restrictions in China, you may need a VPN like Astrill or NordVPN to access Binance’s international site.
2. Register: Visit the Binance registration page and choose to register via email or phone number.
3. Verify Your Account: Complete the KYC process by uploading your ID and a selfie. This step is mandatory for higher withdrawal limits and advanced features.
4. Secure Your Account: Enable two-factor authentication (2FA) for added security.
5. Deposit Funds: You can deposit cryptocurrencies or use fiat gateways like bank transfers or third-party payment platforms. You can also use the P2P options.
6. Start Trading: Once your account is funded, you can begin trading on Binance’s spot or futures markets.

2. Bybit

Bybit is another excellent choice for Chinese users, especially those interested in derivatives trading. Founded in 2018, Bybit offers up to 100x leverage on futures contracts and has a reputation for its fast and reliable trading engine. It supports over 300 cryptocurrencies and provides features like copy trading, staking, and an advanced trading interface powered by TradingView.

Bybit is also known for its strong security measures, including cold storage for user funds and insurance for futures trading. While it may not have the same user base as Binance, Bybit is highly regarded for its performance and reliability.

How to Open a Bybit Account

1. Access Bybit: Use a VPN if necessary to access Bybit’s website.
2. Register: Visit the Bybit sign up page and enter your email or phone number.
3. Verify Your Account: Complete the KYC process by submitting your ID and a selfie.
4. Secure Your Account: Enable 2FA for added protection.
5. Deposit Funds: Bybit supports crypto deposits and fiat on-ramps through third-party providers. You can also use P2P options.
6. Start Trading: Explore Bybit’s spot, futures, or copy trading features.

3. Bitget

Bitget is a fast-growing exchange that has gained popularity for its copy trading feature, which allows users to mimic the trades of experienced traders. Founded in 2018, Bitget supports over 450 cryptocurrencies and offers a range of trading options, including spot, futures, and leveraged tokens.

Bitget is particularly appealing to beginners due to its user-friendly interface and educational resources. It also offers competitive fees and a robust security framework, including cold storage and 2FA. While it may not have the same level of recognition as Binance or Bybit, Bitget is a solid choice for those looking to explore innovative trading features.

How to Open a Bitget Account

1. Access Bitget: Use a VPN if needed to access Bitget’s platform.
2. Register: Visit the Biget registration page and provide your email and all required details.
3. Verify Your Account: Complete the KYC process by uploading your ID and a selfie.
4. Secure Your Account: Enable 2FA for enhanced security.
5. Deposit Funds: Bitget supports crypto deposits and fiat on-ramps for select currencies. You can use the P2P option.
6. Start Trading: Explore Bitget’s spot, futures, or copy trading features.

Comparison Table: Binance vs. Bybit vs. Bitget

Conclusion

When it comes to choosing the best crypto exchange in China, Binance stands out as the top choice due to its extensive features, strong security, and massive user base. Bybit and Bitget are also excellent options, each with its unique strengths. Whether you’re a beginner or an experienced trader, these platforms offer something for everyone.

Remember to use a reliable VPN like Astrill or NordVPN to access these exchanges if you’re in China. Happy trading!

Note: Crypto trading is very volatile and risky. Do your own research.