Top Crypto Exchanges in China: A Comparative Guide



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Bybit - Best for active traders (trading fees from 0, strong futures liquidity)
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MEXC - Best for additional futures trading opportunities (numerous events and regular competitions)
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Binance - Best liquidity in top coins (highest BTC and ETH volume, as well as average liquidity)
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Bitget - Best for diverse social trading (spot, futures, and bot copy trading with low fees)
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Kraken - Best for trading crypto-fiat pairs (supports 7 fiat currencies, simple trading platform)
At Traders Union, we evaluate cryptocurrency exchanges in China to help traders find safe, reliable, and feature-rich platforms while avoiding unregulated options.
To recommend the top exchanges for China, we analyzed 100+ platforms using 140 measurable data points, focusing on security, fees, regulation, usability, and advanced trading tools.
Our transparent Methodology ensures data-driven recommendations, helping both beginners and professionals choose the best crypto trading platforms in China
Risk warning: Cryptocurrency markets are highly volatile, with sharp price swings and regulatory uncertainties. Research indicates that 75-90% of traders face losses. Only invest discretionary funds and consult an experienced financial advisor.
Comparison of leading crypto trading platforms in China
We compared crypto exchanges based on key factors:
- Acceptance of residents from China
- Minimum deposit
- Range of supported cryptocurrencies
- Spot maker fee rates
This analysis highlights the top exchanges in China, ensuring they meet the needs of both novice and experienced traders.
Bybit | |||
---|---|---|---|
Accepts residents of China |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Minimum deposit, USD | 1 |
1
No
10 EUR
10
|
1
No
10 EUR
10
|
Coins Supported | 638 | 2276 415 831 278 | 2276 415 831 278 |
Spot maker fee | 0,1 |
No
0,1
0,1
0,25
|
No
0,1
0,1
0,25
|
Study review | Study review | Study review Study review Study review Study review | Study review Study review Study review Study review |
We have thoroughly evaluated the strengths and weaknesses of the top cryptocurrency exchanges in China, providing overall ratings based on our proprietary, data-driven methodology.
TU Overall Score 9.2 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
9.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
9.3
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- It has a convenient, intuitive proprietary trading platform that is presented in the browser version, which eliminates conflicts with the operating system and braking when sending orders;
- Integration with TradingView allows users to simplify crypto market analysis and trading via a single platform;
- Combination of futures and perpetual contracts trading;
- There is an order book that allows you to assess the depth of the market and current trading volumes;
- It has a minimum entry threshold. The cost of a BTC/USD futures contract is USD 1;
- It is possible to open long and short positions with subsequent mutual recalculation;
- Opportunities for Muslim traders to participate in the crypto market.
- It has conditions for trading futures that are difficult for beginners, such as the formula for calculating the leverage, the terminology of the funding size and the premium index, funding rates, etc.;
- Lacks a mechanism to protect the interests of traders in the event of controversial issues;
TU Overall Score 9.1 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.6
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
8.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
5.3
/10
|
- 120+ cryptocurrencies for trading;
- receive additional income through staking and holding;
- an affiliate program with income up to 80% of the deposit of the invited trader.
- withdrawal fees (0.0005 BTC for Bitcoin);
- lack of support for fiat currencies for trading;
- no MAM or PAMM accounts;
- mandatory verification.
TU Overall Score 8.7 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.8
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
8.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- low commissions due to liquidity and trading volumes.
- high platform performance;
- proprietary BNB Coin which allows Binance to reduce the commission size;
- a proprietary cold wallet guarantees the security of your crypto assets by storing them.
- complex verification procedure;
- the exchange is not licensed by a regulator;
- The platform can go offline without warning;
- there are complaints about the technical functionality of the platform;
- there is an intricate mechanism for calculating commissions and rewards (grid system Maker/Taker).
TU Overall Score 8.7 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
6.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
7.5
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
10
/10
|
- availability of demo accounts;
- convenient ways to contact the support service;
- a wide range of cryptocurrencies for account replenishment;
- service of copying trades for receiving passive income;
- ability to reduce commissions using credits earned in the bonus program;
- ability to engage in algorithmic trading;
- educational materials for novice traders on the exchange website;
- the exchange uses hot and cold cryptocurrency wallets to store client funds;
- deposits and withdrawals in fiat currencies.
- no.
TU Overall Score 8.5 /10 | |
---|---|
User Satisfaction score
Overall user experience and feedback based on ease of use, customer support, and platform reliability.
|
7.7
/10
|
Commissions and fees score
Analysis of the cost structure including trading commissions, minimum fees per trade, and withdrawal fees.
|
6.2
/10
|
Regulation and safety score
Assessment of regulatory compliance, financial security measures, and the overall safety of client funds.
|
9.8
/10
|
- convenient, intuitive terminal with one-click trading;
- all major cryptocurrencies, as well as seven fiats;
- margin trading, as well as futures and indices trading ;
- large leverage (x5 for margin, x50 for futures trading);
- an extensive database of information and training materials;
- large trading volumes on the exchange provide high liquidity;
- some of the lowest fees in the cryptocurrency market.
- no investment programs;
- no call center.
Why trust us
We at Traders Union have over 14 years of experience in financial markets, evaluating cryptocurrency exchanges based on 140+ measurable criteria. Our team of 50 experts regularly updates a Watch List of 200+ exchanges, providing traders with verified, data-driven insights. We evaluate exchanges on security, reliability, commissions, and trading conditions, empowering users to make informed decisions. Before choosing a platform, we encourage users to verify its legitimacy through official licenses, review user feedback, and ensure robust security features (e.g., HTTPS, 2FA). Always perform independent research and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
What are the cheapest crypto exchanges in China
To determine the cheapest cryptocurrency exchanges in China, we analyzed trading fees of the leading platforms in the region. Specifically, we evaluated maker and taker fees for both spot and futures trading and compared these values against market averages based on an analysis of over 100 exchanges.
Additionally, we reviewed deposit and withdrawal fees to provide a comprehensive assessment of the most cost-effective options for cryptocurrency trading in China.
-
Trading fees:
We compared base-level fees for spot and futures trading, including maker and taker fees. However, exchanges in China offer significant discounts for traders as their trading volume increases.
Bybit Market average Based on comparing fees across more than 200 cryptocurrency exchanges. Spot maker fee, % 0,1 No0,1 0,1 0,250.194 Spot taker fee, % 0,1 0,05 0,1 0,1 0,4 0.157 Futures maker fee, % 0,02 No0,02 0,02 0,020.024 Futures taker fee, % 0,055 0,02 0,05 0,06 0,05 0.053 -
Deposit and withdrawal fees and payment options
We also compared crypto exchanges deposit and withdrawal fees, as well as the payment methods available in China.
Bybit Deposit fee NoNoNoNoNoNoNoNoNoWithdrawal fee 0,000111 ВТС
0,0015 ETH (ERC20)0,0003 BTC 0-3,5% 0,00005 BTC
0,00064 ETH 0,0005 BTC0,0003 BTC 0-3,5% 0,00005 BTC
0,00064 ETH 0,0005 BTCBank Wire YesYesYesYesYesYesYesYesYesBank cards YesYesYesYesYesYesYesYesYesPayment services YesYesYesYesYesYesYesYesYesP2P YesYesYesYesNoYesYesYesNo
What are the safest exchanges in China
The safety of exchanges in China was assessed based on Tier-1 regulation Tier-1 regulation refers to the highest level of financial oversight provided by globally recognized regulatory authorities, ensuring strict compliance with security, transparency, and user protection standards. , security measures (e.g., 2FA, cold wallets), and the absence of successful hacking incidents. Exchanges with Tier-1 regulation are the most reliable, as they comply with strict international standards.
Bybit | |||
---|---|---|---|
Tier-1 regulation |
Yes
|
No
Yes
Yes
Yes
|
No
Yes
Yes
Yes
|
Government-regulated |
Yes
|
No
Yes
Yes
Yes
|
No
Yes
Yes
Yes
|
2FA |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Cold wallet storage |
Yes
|
Yes
Yes
Yes
Yes
|
Yes
Yes
Yes
Yes
|
Investor protection fund |
Yes
|
No
Yes
Yes
No
|
No
Yes
Yes
No
|
Is crypto market regulated and taxable in China
Crypto regulation in China
As of January 2025, China maintains stringent regulations on cryptocurrency activities. The People's Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) are the primary regulators overseeing crypto-related matters. In December 2024, SAFE introduced new regulations requiring banks to monitor and report high-risk transactions, including those involving cryptocurrencies, to curb illegal financial activities. These measures aim to prevent capital flight and maintain financial stability. Despite these restrictions, underground crypto trading persists, with individuals using over-the-counter networks and peer-to-peer platforms to circumvent regulations. There are no specific deposit insurance schemes for cryptocurrency holdings in China.Taxation of cryptocurrencies in China
Given the stringent regulations and the effective ban on cryptocurrency trading and exchanges in China, the tax implications primarily affect crypto-related businesses rather than individual investors. The absence of a formal tax regime for cryptocurrencies further discourages their use domestically.The information on cryptocurrency taxation in China is provided for informational purposes only. Be sure to consult a professional for accurate guidance.
Which exchanges are best suited for professional traders in China?
We have compared exchanges based on key factors important for professional traders, including API integration, large trading volume, futures trading, advanced order types, and support for proprietary bots. Based on our analysis, here are the top exchanges that offer these advanced trading features:
Bybit | MEXC | Binance | |
---|---|---|---|
API integration |
Yes
|
Yes
|
Yes
|
Large trading volume |
Yes
|
Yes
|
Yes
|
Futures trading |
Yes
|
Yes
|
Yes
|
Advanced order types |
Yes
|
Yes
|
Yes
|
Proprietary bots |
Yes
|
Yes
|
Yes
|
What are the best crypto exchanges for beginners in China?
The best crypto exchanges for beginners in China offer:
Bybit | MEXC | Binance | |
---|---|---|---|
Education | 9.23 | 6.98 | 8.23 |
P2P account |
Yes
|
Yes
|
Yes
|
Demo account |
Yes
|
No
|
Yes
|
Staking |
Yes
|
Yes
|
Yes
|
Copy trading |
Yes
|
Yes
|
Yes
|
Beginner friendly app |
Yes
|
Yes
|
Yes
|
How choose the best crypto exchange in China?
When choosing a crypto exchange in China, consider these essential factors:
-
Supported Cryptocurrencies
Ensure the exchange supports a wide range of coins, including altcoins and stablecoins, especially if you plan to diversify beyond Bitcoin. A broader selection offers greater flexibility for both trading and investment.
-
Local Payment Options
Opt for platforms that support local payment methods in China, such as bank transfers, mobile money, or local e-wallets. This simplifies deposits and withdrawals while reducing currency conversion fees.
-
Transparent Fees
Compare trading fees, withdrawal charges, and any hidden costs. Lower fees mean higher profits, so look for exchanges with competitive pricing structures that clearly display all costs upfront.
-
Robust Security
Prioritize exchanges with strong security measures, including two-factor authentication (China), cold storage for funds, and regular audits. Review the platform's history to ensure no major hacking incidents.
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Educational Resources
For beginners, exchanges with demo accounts, tutorials, and a strong educational section can help you learn trading strategies and reduce risks.
-
Customer Support
Reliable customer service is essential, especially for troubleshooting technical or account issues. Choose platforms with 24/7 support and multiple contact methods.
Expert advice for traders in China
Over the years, I've seen how hidden fees eat into profits. A good exchange should offer transparent trading fees, including low maker/taker rates and minimal withdrawal costs. Some platforms provide fee discounts for high-volume traders or those staking native tokens, which can further reduce expenses. Even small fee differences add up over time, especially for active traders. Before committing to an exchange, always check for deposit fees, inactivity charges, and network withdrawal costs to avoid unexpected losses.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Also, Andrey is a member of the National Union of Journalists of Ukraine (membership card No. 4574, international certificate UKR4492).
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).