The most user-friendly Bitcoin exchange in China by 2025

For secure Bitcoin trading in China, choose internationally regulated exchanges like those licensed in the US, Europe, or Singapore, prioritizing cold wallet storage, multi-factor authentication, and regular security audits.

Mar 18, 2025 at 03:36 pm

• Regulatory Compliance: In China, virtual currency-related business activities are not protected by law. However, some overseas exchanges that comply with international regulations can be considered. Look for exchanges that are licensed and regulated in their operating regions. For example, exchanges regulated by financial authorities in the United States, Europe, or Singapore often have strict compliance requirements regarding user funds protection, anti - money laundering (AML), and know - your - customer (KYC) procedures. This can ensure a relatively safe trading environment for Chinese users.

• Security Measures:

• Cold Wallet Storage: Opt for exchanges that use cold wallet technology to store the majority of user funds. Cold wallets are not connected to the internet, which greatly reduces the risk of hacking. For instance, many well - known exchanges like Gate.io use advanced cold wallet storage to safeguard user assets.

• Multi - Factor Authentication (MFA): Choose an exchange that offers MFA, such as Google Authenticator or SMS verification. This provides an extra layer of security. Even if a hacker obtains your password, they won't be able to access your account without the additional verification factor.

• Security Audits: Regularly audited exchanges are more reliable. Security audits can detect vulnerabilities in the system and ensure that the exchange is up - to - date with the latest security measures.

• User - Friendliness:

• Interface Design: A simple and intuitive interface is crucial for Chinese beginners. Coinbase is known for its user - friendly interface. It has a clean layout, making it easy for new users to find functions like registration, buying, and selling Bitcoin. The process of creating an account, depositing funds, and placing orders is clearly guided.

• Language Support: Since Chinese is the native language for most Chinese users, an exchange with Chinese language support is highly preferred. Some exchanges, including Binance, offer a Chinese - language version of their platform, which makes it easier for users to understand trading instructions, account settings, and market information.

• Liquidity and Fees:

• Liquidity: High - liquidity exchanges ensure that your buy or sell orders can be executed quickly at a reasonable price. Binance, as one of the largest cryptocurrency exchanges globally, has strong market depth, which means there are always enough buyers and sellers, reducing price slippage during trading.

• Fees: Different exchanges have different fee structures. Some exchanges charge a percentage of the transaction amount as a trading fee. For example, Coinbase's fees vary depending on the trading method and the amount of the transaction. It's important to compare the fees of different exchanges to find one that suits your trading frequency and volume.

How to Trade Bitcoin on a Friendly Exchange

• Account Registration:

• Go to the official website of the selected exchange. For example, if you choose Gate.io, visit its official site.

• Click on the "Register" button. You'll usually need to provide an email address or a mobile phone number. Enter the required information and create a strong password. Remember to use a combination of letters (both uppercase and lowercase), numbers, and special symbols, and make it at least 12 characters long.

• Complete the verification process. This often includes email verification or SMS verification. Some exchanges may also require identity verification (KYC) later for higher - level account functions.

• Fund Deposits:

• Log in to your exchange account.

• Navigate to the "Deposit" section. On most exchanges, you can deposit funds in various ways. For example, some support bank transfers (although this may be restricted for cryptocurrency - related transactions in China), and many support deposits in stablecoins like USDT.

• If depositing USDT, copy the USDT deposit address provided by the exchange. Then, transfer USDT from your existing wallet or another platform to this address. Make sure to double - check the address to avoid sending funds to the wrong place.

• Buying Bitcoin:

• Once your funds are deposited, go to the trading section of the exchange.

• Look for the Bitcoin trading pair. The most common pair is BTC/USDT.

• Decide whether to place a market order or a limit order. A market order will buy Bitcoin at the current market price immediately. A limit order allows you to set a specific price at which you want to buy Bitcoin. For example, if the current price of Bitcoin is $30,000 and you think it may drop a bit, you can set a limit order at $29,500.

• Enter the amount of Bitcoin you want to buy or the amount of funds you want to spend. Review the order details and click "Buy" to complete the transaction.

• Selling Bitcoin:

• When you want to sell your Bitcoin, go back to the trading section.

• Select the BTC/USDT trading pair again.

• Similar to buying, you can choose between a market order (sell at the current market price) and a limit order (set a specific selling price).

• Enter the amount of Bitcoin you want to sell. Check the details and click "Sell" to execute the order. After the sale, the funds will be credited to your exchange account in the form of the currency you chose (usually USDT).

Security Precautions during Trading

• Avoid Phishing:

• Never click on links in suspicious emails or messages that seem to be from the exchange. Always directly access the exchange's official website through your browser's address bar.

• Be cautious of emails asking for your account information. Legitimate exchanges will never ask for your password or private key via email.

• Regularly Check Account Activity:

• Log in to your exchange account regularly to check your transaction history and account balance.

• Set up transaction notifications and account change alerts on the exchange. This way, you'll be notified immediately if there are any suspicious activities on your account.