Best China Crypto Exchanges in 2025

📋 All Exchanges List of exchanges in China

🎓 Buying Guide How to buy crypto in China

🏆 Best Exchanges Best CEX in China

All China Crypto Exchanges:

Read Review

Link bonus:

: 20%

: $10,000

#1 OKX

4.7/5

One of the largest exchanges – Reliable and safe – Top tier Web3 wallet – Inscriptions & NFT marketplace – Good APY for flexible staking – Low fees – Up to $10,000 welcome rewards

: 300+

: 2017

: ₿ 31,333

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.08%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.05%

Additional 20% fee discount when using our referral signup link.

Additional $10,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.50% to 2.49%
EUR: No fee
SWIFT: No fee

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 18 million

Licenses & registrations: 5

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 300

Last 24h trade volume (in BTC): 31,333

Read Review

Link bonus:

: 10%

: $100

#2 Binance

4.8/5

World’s biggest exchange by volume – High liquidity on all trading pairs – Trading fee discounts with native token – Cheap fiat deposits – Reliable and trusted

: 400+

: 2017

: ₿ 202,056

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Additional 10% fee discount when using our referral signup link.

Additional $100 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2%
USD: $1 (US only)
EUR: €0.3 to max. €1
SWIFT: Min. €0.5, max. 1.2%

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 271 million

Insurance fund: 1.0 billion USD

Licenses & registrations: 21

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 400

Last 24h trade volume (in BTC): 202,056

High trading volume

High liquidity

Read Review

Link bonus:

: $200

Very beginner friendly – Bank transfer, card, Google Pay, Apple Pay, PayPal and other fiat deposits & withdrawals – Staking and savings – Crypto debit card – Available in US and licensed in over 30 states – Safe and trusted

: 150+

: 2013

: ₿ 236

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.15%
Spot Taker Fee: 0.25%

Additional $200 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 0.49% — 4.99% + service charge
USD: $2.99
EUR: €2.99
SWIFT: 0.1%, min $10/€10/£10

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 15 million

No Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 150

Last 24h trade volume (in BTC): 236

Read Review

Link bonus:

: $3,000

#4 BitMart

3.3/5

Registered and available in US – Direct fiat deposits through cards – 3rd party fiat deposit & withdraw with bank transfers and cards – Lots of staking & savings assets – $3,000 welcome bonus

: 1,250+

: 2018

: ₿ 24,494

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $3,000 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 6%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 9 million

Licenses & registrations: 3

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1250

Last 24h trade volume (in BTC): 24,494

Read Review

#5 WhiteBIT

3.9/5

Fiat deposit options including bank transfers, cards, Apple Pay – Easy fiat withdrawals in multiple currencies – Quick convert – Full TradingView integration – Gift cards – CS:GO skins marketplace – Lowest futures trading fees

: 325+

: 2018

: ₿ 11,229

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.01%
Futures Taker Fee: 0.035%

Fiat deposit fees:

Visa/Mastercard: 1.5% to 3.5%
EUR: 0.1% – 0.2%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 8 million

Insurance fund: 30 million USD

Licenses & registrations: 8

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 325

Last 24h trade volume (in BTC): 11,229

Read Review

Link bonus:

: 6%

#6 Bitfinex

3.4/5

Old and reliable – Aimed for professional traders more than beginner investors – Credit/debit card deposits – Bank transfer deposits and withdrawals – Basic staking

: 150+

: 2012

: ₿ 3,892

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.2%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.065%

Additional 6% fee discount when using our referral signup link.

Fiat deposit fees:

USD: 0.1% (min. $60)
EUR: €5
GBP: £5

View all deposit & withdraw fees

Safety

Exchange launched in 2012

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 150

Last 24h trade volume (in BTC): 3,892

Read Review

Link bonus:

: $6,200

#7 Bitget

4.2/5

Lots of interest-earning assets available for staking and savings – Up to $6,200 bonus for new users – Quick convert for beginner traders – Large amount of cheap altcoins not listed on other exchanges

: 800+

: 2018

: ₿ 41,566

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P market

Mobile App

Demo trading

Crypto ATM cards

Recurring & scheduled buy

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading Bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.1%
Spot Taker Fee: 0.1%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.06%

Additional $6,200 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 1.8%
EUR: 0% or 0.5%

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 45 million

Insurance fund: 560 million USD

Licenses & registrations: 10

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 800

Last 24h trade volume (in BTC): 41,566

Read Review

#8 Kraken

3.8/5

Lucrative staking with high yields on idle spot assets – Sleek trading interface with beginner and pro versions – One of the oldest crypto exchanges – Available to most US users

: 350+

: 2013

: ₿ 17,075

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.25%
Spot Taker Fee: 0.40%
Futures Maker Fee: 0.02%
Futures Taker Fee: 0.05%

Fiat deposit fees:

Visa/Mastercard: 3.75% + €0.25
USD: Free
EUR: Free in EU, €3 worldwide
SWIFT: $3 CAD, USD or GBP, 0.75 CHF

View all deposit & withdraw fees

Safety

Exchange launched in 2013

Number of users: 15 million

Licenses & registrations: 15

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 350

Last 24h trade volume (in BTC): 17,075

Read Review

#9 Coinbase

3.5/5

Considered the best and easiest fiat gateway – Good for beginners – High fees unsuitable for frequent traders – Available in most countries – Debit spending cards

: 280+

: 2012

: ₿ 28,441

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Crypto ATM cards

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.6%
Spot Taker Fee: 1.20%
Futures Maker Fee: 0.4%
Futures Taker Fee: 0.6%

Fiat deposit fees:

Visa/Mastercard: 3.99%
USD: Free
EUR: €0.15
SWIFT: GBP free

View all deposit & withdraw fees

Safety

Exchange launched in 2012

Number of users: 100 million

Licenses & registrations: 56

Proof of Reserves

Highly regulated

Considered very safe

Volume & Altcoins

Number of altcoin pairs: 280

Last 24h trade volume (in BTC): 28,441

High trading volume

High liquidity

Read Review

Link bonus:

: $3,410

#10 PrimeXBT

3.5/5

Good signup bonuses – Operating since 2018 – No spot trading, only futures and CFDs – Fiat deposits and withdrawals – Trade stocks, indices, commodities and forex – Optional KYC

: 30+

: 2018

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Stocks, Commodities & Forex

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Futures Maker Fee: 0.01%
Futures Taker Fee: 0.045%

Additional $3,410 signup bonus when using our referral signup link.

Fiat deposit fees:

Visa/Mastercard: 2.5% (min. $5)
SWIFT: No fee if over $2,500

View all deposit & withdraw fees

Safety

Exchange launched in 2018

Number of users: 1 million

Licenses & registrations: 4

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 30

Read Review

Link bonus:

: $50

#11 LATOKEN

2.6/5

Vast list of low-cap altcoins – Often the first exchange to list new tokens – Only spot trading – No fiat withdrawals – Deposits only via 3rd party gateways – Frequent airdrops & giveaways

: 1,200+

: 2017

: ₿ 395

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdrawals

P2P trading

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.49%
Spot Taker Fee: 0.49%

Additional $50 signup bonus when using our referral signup link.

Fiat deposit fees:

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 1.5 million

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 1200

Last 24h trade volume (in BTC): 395

Read Review

#12 ProBit Global

2.6/5

Low volume – Spot only – No fiat withdrawals – Has card and bank deposits through multiple gateways – Plenty of low-cap altcoin gems – Optional KYC

: 800+

: 2017

: ₿ 4,295

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdrawals

P2P trading

Mobile App

No KYC

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpool

Fees

Trading fees:

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%

Fiat deposit fees:

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Number of users: 2 million

No Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 800

Last 24h trade volume (in BTC): 4,295

Read Review

#13 Upbit

2.3/5

Most services unavailable to international users – Only has spot trading – No USD trading pairs – No fiat deposits or withdrawals

: 40+

: 2017

: ₿ 33,360

User Friendly

Bank transfer deposits

VISA/Mastercard deposits

Fiat withdraw

P2P trading

Mobile App

Demo trading

Decentralized wallet

Features

Spot trading

Futures trading

Margin trading

Options trading

Trading bots

Copytrading

Staking & savings

Crypto loans

Airdrops & Launchpools

Fees

Trading fees:

Spot Maker Fee: 0.2%
Spot Taker Fee: 0.2%

Fiat deposit fees:

SWIFT: SGD only - no fee

View all deposit & withdraw fees

Safety

Exchange launched in 2017

Proof of Reserves

Volume & Altcoins

Number of altcoin pairs: 40

Last 24h trade volume (in BTC): 33,360

There are 13 exchanges available to buy crypto in China. All of these CEXs will let you to buy Bitcoin, Ethereum, and other cryptocurrency coins and tokens in China.

In some cases, certain services such as margin trading, high leverage, staking, airdrops, or debit spending cards may be subject to regional availability. Use the provided filters and check each exchange to ensure the features you need are currently available in your region.

Exchanges with optional KYC are NOT listed here if they specifically exclude trading from China. Using VPNs for crypto trading from restricted countries or regions is possible, but should be done at your own risk.

How to Buy Crypto in China

China has banned crypto exchanges and crypto trading, but citizens are always finding ways to trade even if they live in restricted territory. Despite government bans, crypto trading in China is thriving, and residents are always looking to buy Bitcoin, Ethereum, and other coins and tokens.

Most bigger crypto exchanges do not service customers in China’s mainland, but creative traders can always find a way to bypass KYC requirements. Furthermore, there are always exchanges without mandatory KYC. For these, using a simple VPN to change your IP address is often sufficient.

Table of Contents

How to buy cryptocurrency in China

Starting your crypto journey in China begins with choosing a crypto exchange. We’ve curated a list of exchanges complete with all the details you need to consider. Compare trust scores, trading volumes, and the variety of coins available, along with deposit options, to find your match.

Buying Cryptocurrency in China – Step by Step

Select an exchange from our curated list that resonates with you. Use our filters to narrow down the perfect spot for your crypto purchase.
Creating an account is a breeze. Just enter your email and set up a password.
Consider whether you wish to verify your identity. Not all platforms require a KYC process before you buy.
Add funds to your account. Whether it’s a bank transfer or a credit card, we’ve got filters like “Bank transfer deposit” and “Bank card deposit” to help you out.
Now, you’re all set to start trading.

A tip: using our links to sign up for exchanges comes with perks. These special referral codes often grant you trading fee discounts, deposit bonuses, and more. It’s all upside, we assure you.

Finding the best Chinese crypto exchange

🏆 Best exchanges in China:

1. OKX

4.7

Very easy first buys and currency conversion, outstanding wallet and tons of features.

OKX Review OKX Website

2. Binance

4.8

Easy deposits and currency conversion, very regulated and safe, lots of assets listed.

Binance Review Binance Website

3. CEX.IO

4.1

Very safe and regulated with over 40 licenses, excellent for first time investors.

CEX.IO Review CEX.IO Website

4. BitMart

3.3

Smooth Bitcoin buys for new users, lots of staking assets for passive income, $3,000 welcome bonus.

BitMart Review BitMart Website

5. WhiteBIT

3.9

Lots of deposit and withdraw options with easy currency conversions and very low fees.

WhiteBIT Review WhiteBIT Website

You can use any of the above top 5 exchanges to buy crypto in China. All have very low or zero fee deposits through cards or bank transfers in many local currencies, and are easy to use even for beginners.

First-time buyers, don’t be overwhelmed. Our site provides a clear overview of top crypto exchanges. Let’s walk through how to make the best use of it.

1. Use filters for your needs

Our filters are here to help you pinpoint the features that matter to you. For new investors, “Beginner-friendly” exchanges are a great starting point. They offer easy interfaces and multiple fiat gateways for first-time purchases.

Use our P2P Marketplaces filters to find the widest possible variety of payment options. Buying crypto in China directly through bank accounts can be troublesome, therefore it’s recommended to use a direct peer-to-peer transaction to avoid scrutiny.

2. Sort it out

Sorting by “Volume” or “Trust Score” can lead you to the safest and most reliable exchanges.

Keep an eye on our thumbs-up markers. They highlight exchanges that come highly recommended by our team.

3. Consider these factors too:

Altcoin variety – If you’re eyeing altcoins, look for exchanges with a broad selection. But remember, altcoins can be riskier. Newbies might want to stick to Bitcoin or Ethereum initially.
Deposit options – Review all deposit methods. Some exchanges accept only crypto deposits, while others allow fiat. Filters like “Bank transfer deposits” can be handy here.
Identity checks – KYC adds a layer of security. While not all exchanges require it, it’s a one-time process that can give you peace of mind.
Withdrawal choices – Look for exchanges with “Fiat withdrawals” if you need to cash out in your local currency.
Earning interest – Staking and lending can earn you interest on your crypto. Check out “Staking, savings or earn” for these options.

4. Fees

Deposit fees – Most exchanges don’t charge for deposits. But your bank or payment provider might.
Conversion fees – Use our “Quick convert” filter to find exchanges that let you swap currencies without fees.
Trading fees – All exchanges have them, but they’re usually small. Our “Low fees” filter can lead you to the most cost-effective options.
Withdrawal fees – These vary, so check the specifics for your chosen crypto asset and withdrawal method.

We avoid exchanges with hidden fees like account management or maintenance charges. The platforms on our site won’t surprise you with such costs.

Cheapest exchanges in China:

	WhiteBIT	Binance	Bitfinex	BitMart	OKX
Spot Maker Fee	0.1%	0.1%	0.1%	0.1%	0.08%
Spot Taker Fee	0.1%	0.1%	0.2%	0.1%	0.1%
Futures Maker Fee	0.01%	0.02%	0.02%	0.02%	0.01%
Futures Taker Fee	0.035%	0.05%	0.065%	0.06%	0.05%
Native Token Discounts
Cexfinder Link Fee Discount		10%	6%		20%
	Review Visit	Review Visit	Review Visit	Review Visit	Review Visit

These cheapest exchanges are highlighted based on average spot and derivatives fees, deposit and withdraw fees, and additional fee discounts available. Our fee comparison page has a comprehensive and easy comparison of trading fees on all exchanges.

Find a safe Chinese exchange

Finding a secure exchange in China is straightforward with our rigorous review process and strict listing criteria. We only feature exchanges that are safe and reliable.

Safest exchanges in China:

	OKX	Binance	CEX.IO	Bitfinex	Kraken
Launch Date	2017	2017	2013	2012	2013
Proof of Reserves
Regulatory Compliance
Reputation and Reliability
Asset Safety and Trust
Account Security
Cexfinder Rating	4.7	4.8	4.1	3.4	3.8
	Review Visit	Review Visit	Review Visit	Review Visit	Review Visit

These China safe crypto exchanges are highlighted based on factors included in the table, and other safety and security aspects. Our safest crypto exchanges page has a more comprehensive list of safest trading platforms.

Activate High Safety, Regulated or Proof of Reserves filters to view safest, regulated or exchanges with Proof of Reserves in China.

Our team, made up of seasoned crypto enthusiasts, stays updated on the latest crypto exchange news. This keeps us informed about any exchanges that might be risky.

Cryptocurrency laws in China

China has a complex relationship with cryptocurrencies. The People’s Bank of China has declared all cryptocurrency transactions as illegal, effectively banning digital tokens such as Bitcoin.

This ban is part of a broader trend in Chinese economic policy towards greater state intervention. Despite this, it is generally not illegal to hold cryptocurrency in China.

Legality of Buying or Trading Crypto in China

Buying and trading cryptocurrencies in China is hindered by a regulatory ban imposed on cryptocurrency in September 2021. Chinese residents can no longer mine or trade cryptos legally. The country banned crypto exchanges, and banks were instructed to report crypto transactions. Despite the ban, it is generally not illegal to hold cryptocurrency in China.

China Crypto Tax Laws

China’s local tax authorities have begun to impose a 20% personal income tax on the investment profits of individual crypto investors and Bitcoin miners. This tax policy is expected to boost the adoption of cryptocurrencies in the country, as it provides a clear regulatory framework for individuals and businesses. However, within the current legal framework, China does not prohibit individuals from holding Bitcoin and cryptocurrencies under the “Invalid Civil Act”.

It’s important for Chinese citizens to understand and be informed about potential legal implications of buying crypto in China. Most investors bypass the restrictions by registering on foreign no-KYC exchanges by using crypto VPNs. Typical countries used are Taiwan or Hong Kong, because many exchanges do not verify addresses.

In Summary

Buying crypto in China is as simple as signing up on a crypto exchange and funding your account. Selecting the right exchange is crucial for a safe and efficient investment in Bitcoin, Ethereum, or other cryptos.

Our guide to Chinese crypto exchanges provides detailed instructions on finding the best platform for you, ensuring a secure and rewarding crypto buying experience.

Best Exchanges in China

We reviewed all 13 available crypto exchanges in China and compared many factors: deposit and withdrawal options, trading fees, ease of use, available features, asset safety, staking yields, number of coins listed, volume, security, new user bonuses, and more.

As a result, we compiled this list of best crypto exchanges in China:

#1 OKX

OKX is world's third biggest exchange, meaning it's reliable, safe, and used by millions of traders for a good reason. It has tons of features that will satisfy all kinds of traders.

OKX is aimed at retail investors, and as such its interface is designed to be easy to use and intuitive. Seamless quick buy and convert let you easily purchase your first crypto. This exchange is considered very safe to hold funds on, but also offers the best self-custody wallet in the industry. This is the number one wallet to use if you want to start exploring the decentralized web, and it is seamlessly integrated with the centralized exchange for easy asset management.

If you need even more convincing, our signup link gives you a massive 20% fee discount along with other exciting new user bonuses and benefits. If you want to buy Bitcoin in China and regardless if you are new or experienced investor, using OKX is truly a no brainer.

Review

#2 Binance

Binance is the world's biggest exchange. It provides a top tier user experience, very customizable trading interface, and an entire array of financial services.

For first time Bitcoin buy in China, Binance will provide a smooth no-fee deposit through several different payment providers, accepting credit cards, debit cards, or bank transfers. The exchange also provides a zero fee quick conversion, making your first crypto purchase as cheap as possible.

For more experienced traders, Binance offers a wide range of trading and charting options, over 400 altcoins, and very cheap fees when using their native token to pay for trading fees. Don't miss using our signup link for another permanent 10% fee discount.

Review

#3 CEX.IO

CEX.IO is a trusted beginner-friendly exchange with many deposit and withdraw options, and very fair fees. On top, it's also highly regulated with over a dozen licenses in United States, and several other countries.

The platform doesn't have the greatest volume or a massive altcoin selection. However, it makes up for it with its ease of use. This is one of the simplest exchanges for first Bitcoin purchases, and even complete beginners will easily be able to make their first buy.

This trusted platform also has staking with excellent yields, a crypto debit card, decentralized wallet, and a comprehensive learning and education center to help you get started with crypto investing.

Review

#4 BitMart

BitMart may not be the most popular exchange, but we're betting this is going to change in the future. It's available and licensed in the United States, and supports local currency deposits through several different payment providers.

You can use standard ACH or SEPA bank transfers or credit cards, but also Google Pay, Apple Pay, and more. The first purchase experience on BitMart is very smooth, making it an excellent CEX to buy crypto in China.

With over 1250 coins listed and lucrative staking and savings returns, BitMart happens to be an excellent place for investors of various appetites. New users can grab up to a $3,000 welcome bonus.

Review

#5 WhiteBIT

WhiteBIT provides many deposit options, with cheap fees and quick convert suitable for first time crypto investing. This is overall an underrated exchange, but one that's also trying to make its mark with several unique features.

Several things make WhiteBIT stand out from the pack. The exchange offers gift cards, letting you easily gift crypto to friends or family. There's also a CS:GO skins marketplace, allowing gamers to convert their virtual items into cryptocurrency.

Review

#6 Bitget

45 million customers and a great reputation make Bitget one of the top exchanges in China. It is lacking varied fiat currency options for bank deposits and withdrawals, but the exchange often runs zero-fee fiat promotions, potentially making it a suitable alternative to larger CEXs. On the other hand, card deposit options are varied and support dozens of local currencies.

Bitget lets you trade Spot, Margin, and Futures. Wide selection of free to use trading bots and copytrading may entice both beginners and experienced traders to give automated trading a try. Their web3 wallet is excellent and used by millions of users. Additionally, Bitget has frequent airdrops, launchpools, and excellent staking returns for passive income.

With 800 altcoins and top 10 volume on Spot and Derivatives, even the most demanding traders will have zero issues executing trades on this platform. With a host of beginner and advanced features, Bitget is a growing but increasingly more popular place to trade crypto.

Review

#7 Bitfinex

Bitfinex is one of the oldest crypto exchanges, operating since 2012. It's aimed at professional traders more so than small retail investors, but its wide range of deposit options and very small fees make it a good entry point into crypto markets.

We especially love Bitfinex's integration with Bitrefill for easy conversion of crypto or cash to gift cards for Amazon, IKEA, PlayStation, Steam, Netflix and more. Many gaming-related offers are available as well, including Fortnite (V-Bucks), League of Legends, Blizzard store credits, Roblox, Minecraft, and others.

Despite no cash bonuses for signups, new users can enjoy very low deposit and trading fees, and another 6% fee discount through our link.

Review

#8 Coinbase

Coinbase frequently battles Binance for the world's largest exchange by volume. This is the most regulated exchange, based in United States, and used by millions worldwide.

The strength of Coinbase lies in safety, reputation, and adherence to local regulations. Easy deposits through bank transfers or cards are available in nearly all countries. PayPal deposits and withdrawals are also available on Coinbase, but in fewer territories.

The biggest downsides to using Coinbase are lack of new user rewards, and very high trading fees. Regardless, this is a safe and reliable choice for converting local currency into crypto.

Review

#9 Kraken

Kraken is another US-based crypto exchange that's very regulated, reputable and safe. You can always count on them to keep your cryptocurrency safe, even if you hold it on the exchange wallets.

Kraken features a sleek trading interface with beginner and pro versions, making it suitable for traders of all experience levels. There's also lucrative staking rewards for popular assets, where you can receive up to 15% yearly savings rewards for holding select coins on the exchange.

There are no fee discounts or new user rewards available on Kraken. But, the ease of use and reliability make it worth considering as your first exchange.

Review

You can use any of these exchanges to buy crypto in China. Lots of new investors don't care of even understand all the options and features available on CEXs (centralized exchanges). The options can truly be overwhelming, and new buyers simply want an easy and safe purchase experience to get their first Bitcoin.

These 9 best exchanges in China are selected and ranked by variety of deposit options, proven track record of funds safety, transparency of holdings and customer assets, regulatory compliance, staking yields, number of coins listed, trading volume, trading fees, ease of use, and several other factors. All have low or zero fee deposits through cards or bank transfers in many local currencies, and all of them are servicing clients in China.

If you need even more exchanges, you can look at ones without identity verification requirements in our No KYC category. Some of these no-kyc exchanges might not officially service customers from China, but can be accessed through VPNs, and will not enforce identity checks.

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In Summary

Best Exchanges in China

#1 OKX

#2 Binance

#3 CEX.IO

#4 BitMart

#5 WhiteBIT

#6 Bitget

#7 Bitfinex

#8 Coinbase

#9 Kraken

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