I'm a Chinese crypto investor and I'm interested in using Binance. However, I've heard some rumors that Binance might not be accessible in China. Is that true? If it is, is there any workaround or alternative for Chinese users to access Binance? Also, if I use Binance from China, will there be any legal issues or risks involved? I'm really confused about this and I hope you can help me clear things up. Thank you!
5 answers
Giuseppe
Thu May 09 2024
OKX and HTX also enjoy a similar status, with their apps being freely downloadable and usable within China. This flexibility in accessibility has allowed these exchanges to maintain a strong user base in the country.
CryptoMaven
Thu May 09 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services. These include spot trading, futures trading, crypto wallet services, and more. BTCC's commitment to innovation and user experience has made it a popular choice among crypto enthusiasts.
Tommaso
Thu May 09 2024
Binance, a leading cryptocurrency exchange, faces challenges in China as its main website is blocked by the Great Firewall. This is similar to the situation with OKX and HTX, two other crypto exchanges.
SunlitMystery
Thu May 09 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies instantly, with competitive prices and low transaction fees. The futures trading platform, on the other hand, offers investors the opportunity to speculate on future price movements without actually owning the underlying asset.
Pietro
Thu May 09 2024
Despite the website blockade, Binance's app remains accessible within China without the need for a VPN. This enables users to trade cryptocurrencies freely, despite the restrictions imposed by the authorities.