Best Crypto Exchanges China

Discover the 5 Best Crypto Exchanges in China to safely buy, sell and trade digital assets. Get started with a trusted and regulated platform in minutes.

Bottom Line: Chinese investors wanting to enter the digital asset world need a dependable and trustworthy cryptocurrency exchange. Our team of researchers has thoroughly scrutinized the leading trading platforms in China and singled out the top five choices. These platforms have been ranked based on multiple parameters, such as the security measures of each exchange, supported CNY funding methods, Mandarin-language support, features, and fee structure.

Following a comprehensive evaluation, we have identified and ranked the top five crypto exchanges in China:

  1. Binance (Best Overall Exchange in China)
  2. OKX (Best Chinese Crypto Exchange)
  3. Bybit (Best Derivatives Trading Platform)
  4. KuCoin (Best Selection of Cryptocurrency)
  5. (Best Non-KYC Crypto Exchange)
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Binance is the largest cryptocurrency exchange globally with over 150 million registered users spread across 100+ countries worldwide. It accepts CNY deposits and provides both Mandarin and Cantonese language support,

Top Crypto Apps in China

Our expert team has formulated an evaluation process to pinpoint the top cryptocurrency trading platforms for Chinese investors. Each exchange has been scrutinized on numerous factors, including CNY deposit methods, security protocols, adherence to regulations, deposit and transaction costs, and the range of features provided. From our comprehensive analysis, we have unveiled the top five digital asset exchanges operating in China.

1. Binance

Binance is the best cryptocurrency exchange in China and offers an extensive ecosystem for trading, learning, and developing blockchain projects. This prestigious ranking is attributed to its immense volume, liquidity, and wide selection of over 350 cryptocurrencies available for trading. Binance incorporates spot, futures, and margin trading, providing many options for all traders. It also prides itself on having one of the industry's most secure and robust security infrastructures. The exchange also offers educational resources through Binance Academy, crypto lending through Binance Earn, and a powerful trading API, all of which contribute to its leading position.

  • Minimum Deposit: 72 CNY.
  • Supported Tokens: 350+ Cryptocurrencies. 
  • Language Options: Mandarin, Cantonese & 38 more languages.
  • CNY Funding Method: Credit/Debit Card, Alipay & Wechat.

2. OKX

OKX is the second-best Chinese cryptocurrency exchange due to its strong focus on the local market and advanced trading features. With support for over 400 cryptocurrencies, OKX caters to the needs of a wide variety of traders. Its user-friendly interface and innovative offerings, such as spot trading, futures contracts, perpetual swaps, and options trading, make it a strong contender in the Chinese crypto market. OKX's distinguishing features include its high liquidity, low fees, and unique trading program for professional traders. The OTC Desk services further enhance its position, offering additional support for institutional investors.

  • Minimum Deposit: 10 CNY. 
  • Supported Tokens: 350+ Cryptocurrencies. 
  • Language Options: Cantonese, Mandarin & 12 more languages.
  • CNY Funding Method: Credit/Debit Card and Google Pay.

3. Bybit

Bybit is recognized as the best derivatives trading platform in China. Specializing in perpetual contracts, Bybit has quickly gained recognition for its efficient trading experience with 100x leverage available on derivatives and options contracts. The exchange supports a selection of over 770 cryptocurrencies with multiple order types. Bybit's key features, such as its transparent proof of reserves, customizable user interface, and robust risk management system, set it apart from competitors. Additionally, the exchange guarantees the absolute security of user assets with its multi-signature cold wallet and real-time risk audit technology.

  • Minimum Deposit: 50 CNY.
  • Supported Tokens: 770+ Cryptocurrencies. 
  • Language Options: Mandarin, Chinese & 16 more languages.
  • CNY Funding Method: Google Pay, Credit/Debit Card & Bank Transfer.

4. KuCoin

KuCoin distinguishes itself with the best selection of cryptocurrencies, supporting more than 700 crypto assets. Its comprehensive selection and user-friendly platform make it a popular choice among beginner and advanced traders. KuCoin's distinguishing features include spot trading, futures trading, margin trading, staking, and lending services, which offer diversified investment opportunities. Its unique offerings, like the KuCoin Share (KCS) bonus and the Spotlight Initial Exchange Offering (IEO) platform, further enhance its appeal, allowing users to benefit from the platform's growth.

  • Minimum Deposit: 100 CNY.
  • Supported Tokens: 700+ Cryptocurrencies.
  • Language Options: Mandarin, Cantonese & 21 other languages.
  • CNY Funding Method: Credit/Debit Card.

5. is renowned as the best non-KYC (Know Your Customer) cryptocurrency trading platform in China. It supports over 1700 cryptocurrencies, providing traders with a broad selection of assets. Unlike other exchanges, offers anonymous trading, meaning users can trade without undergoing an exhaustive identity verification process, a feature that appeals to a significant segment of the market. The platform boasts a robust security infrastructure and offers various features such as spot trading, margin trading, futures, and staking. 

  • Minimum Deposit: 100 CNY.
  • Supported Tokens: 1700+ Cryptocurrencies.
  • Language Options: Mandarin & 18 other languages.
  • CNY  Funding Method: Credit/Debit Card.

How does the PBOC Regulate Crypto?

In China, cryptocurrency regulation is under the purview of the People's Bank of China (PBOC). It recognizes digital currencies as a kind of virtual asset governed under a framework comparable to traditional financial instruments such as equities. Firms providing cryptocurrency-related services must obtain a license from the PBOC and comply with Anti-Money Laundering (AML) rules. Additionally, the Chinese government has shown an openness toward banking institutions delivering cryptocurrency investment services, indicating a trend toward broader acceptance.

Do you have to pay tax on Crypto in China? 

Yes, in China, cryptocurrency transactions are subject to taxation, and the tax rates vary depending on the specific use of the tokens. For instance, a capital gains tax will be applied if a digital currency is retained as a capital asset and then sold or traded. The individual's income tax bracket determines China's capital gains tax rate, which can fluctuate between 5% and 45%. Moreover, if a cryptocurrency is utilized as a medium of exchange in a transaction, it is viewed as a barter transaction. Consequently, the value of the cryptocurrency at the moment of the transaction is liable to income tax.

Is Crypto Staking Legal in China?

Participation in the acquisition and staking of cryptocurrencies is permissible in China. Investors planning to venture into crypto staking within the Chinese jurisdiction are advised to diligently analyze and choose platforms that abide by the regulatory standards established by the Chinese authorities, such as the People's Bank of China (PBoC). Opting for compliant platforms ensures a safe investment journey.

It is essential to confirm whether the cryptocurrency exchange you are considering provides staking services in China. By doing this, you equip yourself to make educated decisions and tap into the potential of crypto staking in the fast-evolving Chinese market while adhering to the country's legal guidelines.

The Bottom Line

To conclude, for Chinese investors looking to venture into the digital asset realm, selecting a reliable cryptocurrency exchange is crucial. Following rigorous research and evaluations, our team has determined the top five trading platforms in China to be Binance, OKX, Bybit, KuCoin, and These exchanges were evaluated on parameters like security measures, supported CNY funding methods, Mandarin-language support, diverse features, and fee structure. Each platform has its unique strengths, from Binance's comprehensive ecosystem to's non-KYC approach, offering investors a variety of choices tailored to their needs.


Which is the best cryptocurrency exchange in China?
How is cryptocurrency regulated in China?
Are cryptocurrency transactions taxed in China?

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