How to Buy Bitcoin and Crypto in China
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Now buying, selling, and trading Bitcoin and Cryptocurrency is easier than ever.
Trading Bitcoin Cryptocurrency and How to Buy Bitcoin and Crypto in China
Cryptocurrency trading in China is a complex issue due to the country’s regulatory landscape. In 2017, the Chinese government imposed a ban on initial coin offerings (ICOs), and also cracked down on cryptocurrency exchanges operating within the country. As a result, many popular exchanges, such as OKCoin and Huobi, were forced to cease operations in China.
Despite this, there are still options for trading Bitcoin and other cryptocurrencies in China. One popular approach is to use a peer-to-peer (P2P) trading platform, such as LocalBitcoins or Paxful, which allow buyers and sellers to trade cryptocurrencies directly with each other.
Another option is to use an international cryptocurrency exchange that allows Chinese citizens to register and trade, such as Binance or Bitfinex. However, it is important to note that the Chinese government has taken a hard stance on cryptocurrency trading, and there is always a risk of regulatory crackdowns or other unforeseen developments that could impact the market.
As with any investment, it is important to do your own research and understand the risks involved before trading Bitcoin or other cryptocurrencies in China. It may also be advisable to consult with a financial advisor or other expert to help navigate the complex regulatory landscape.
In China cryptocurrency and bitcoin are banned but you still can use few exchanges whit out KYC but you will need to use VPN like ExpressVPN, Surfshark ,NordVPN and etc.
How to use crypto exchanges whit VPN in China ?
Using a VPN to access cryptocurrency exchanges in China can be a way to circumvent the country’s strict regulatory landscape. However, it is important to note that VPNs are also subject to government regulation in China, and their use is not always reliable or secure.
If you do decide to use a VPN to access a cryptocurrency exchange in China, here are some general steps to follow:
- Choose a reputable VPN provider that has servers located outside of China.
- Install the VPN software on your device and connect to a server in a country where the cryptocurrency exchange is available.
- Create an account on the cryptocurrency exchange, following the platform’s registration and verification procedures.
- Deposit funds into your account using one of the available payment methods.
- Once your funds are deposited, you can start trading cryptocurrencies on the exchange.
It is important to keep in mind that using a VPN to access a cryptocurrency exchange in China may still be in violation of local regulations, and there is always a risk of government crackdowns or other unforeseen developments that could impact the market. It is advisable to consult with a financial advisor or other expert before using a VPN to access a cryptocurrency exchange in China.
Most popular crypto exchanges
Buy Bitcoin and Crypto through BolsaDX
- BolsaDX es un cripto exchange, creado en 2020 por un grupo de empresarios filántropos, con el respaldo de binance. Y nuestra misión es llevar conocimiento y crecimiento económico a México y el resto de América Latina.
Buy Bitcoin and Crypto through MEXC
- Founded in 2018, MEXC Global is known as the exchange of high performance and mega transaction matching technology. The team at MEXC Global are some of the first movers and pioneers of financial and blockchain technology. Currently, MEXC Global caters to 10 M+ users in more than 170 countries around the world and we have just started.
Buy Bitcoin and Crypto through Kucoin
- Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.
Buy Bitcoin and Crypto through Poloniex
- Poloniex is a cryptocurrency exchange founded by Tristan D’Agosta in January 2014. In February of 2018, it was acquired by Circle for an estimated $400M, and subsequently “spun out” in October 2019. In November 2019, Justin Sun, founder of Tron, revealed that he led the acquisition of the “spin out”.
Buy Bitcoin and Crypto through Bitfinex
- Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.