What are the legally compliant virtual currency platforms in China?
- Binance
Binance is a leading international blockchain digital asset trading platform that offers a wide range of services globally, including digital currency trading, blockchain education, blockchain project incubation, blockchain asset issuance platform, blockchain research institute, and blockchain charity. Currently, it serves users in over 190 countries and regions worldwide.
Features of the Binance platform
The Binance platform has numerous features that make it the top-ranked digital currency exchange in the world.
OKX APP is one of the three major exchanges globally, offering a 20% discount on trading fees for new registrations!
OKX (overseas) registration link: https://www.okx.com/join/97763692
OKX/Binance/Huobi - Registration/Download: http://18907.cc
Binance (Binance) domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Here are the most prominent features of the Binance platform:
Over 350 tradable currencies: The Binance platform offers users more than 350 tradable digital currencies, providing various options for traders and investors.
Low trading fees: Binance has the lowest trading fees compared to other platforms, helping users save more costs.
Multiple trading options: Binance provides various trading options, including peer-to-peer trading, spot trading, and margin trading.
Diverse services: As mentioned earlier, Binance's services extend beyond digital currency trading to include many other services, such as non-fungible token trading, Binance Pay, Trust Wallet, etc.
Security: Binance has a high level of security, thanks to its adherence to strict protocols and technical procedures.
Speed: The Binance platform is characterized by fast transaction speeds, completing trades in a short time compared to other platforms.
Educational content: One of the most outstanding features of the Binance platform is the educational content provided by its academy, aimed at enriching knowledge and increasing awareness of emerging technologies related to digital currencies and blockchain technology.
Multi-system compatibility: Binance provides services across multiple systems, allowing users to trade via the website on desktop devices or through apps for Android and iOS users on mobile devices.
24/7 support: Binance offers chat support to customers 24 hours a day, 7 days a week.
Disadvantages of the Binance platform
Despite many advantages, the Binance platform unfortunately has some drawbacks.
Here are the most prominent disadvantages of the Binance platform:
Limited versions: Although Binance offers over 350 digital currencies for trading, certain versions do not include all these currencies. For example, the US version only includes trading for 150 digital currencies.
Difficulty of use: Trading on the Binance platform is not easy, as the trading process is quite complex, especially for beginners. While the numerous trading options provided by Binance are considered significant advantages, they may confuse many users.
Lack of built-in digital wallet: While most exchanges have built-in digital wallets, Binance does not, as the supported Trust Wallet is not integrated with it.
Regulatory issues: The Binance platform has faced and will continue to face many regulatory issues in many countries worldwide, with some countries even blocking it.
Official website address, official APP download
Binance invitation code: A0Y8K980
Binance exchange official website
Binance exchange APP download
Will Binance still be usable in China in 2025? Latest registration tutorial for Binance (including registration process for mainland China)
What is Binance exchange? Is it a scam? Binance official website download and registration tutorial (latest tutorial for 2025)
2. Huobi
Huobi Group is a well-known leader in the digital economy. Since its establishment in 2013, it has been committed to breakthroughs in core technologies in the blockchain field and the integration of blockchain technology and industry. Focusing on the upstream and downstream of the blockchain industry, it has developed multiple business segments, including industrial blockchain, public chains, digital asset trading, digital asset security wallets, mining pools, investment, incubation, and research, investing in over 60 upstream and downstream enterprises, forming a comprehensive digital economy industrial ecosystem.
Advantages
The platform's functions and services are comprehensive, making it a very complete virtual currency exchange.
Founded in 2013, it has matured and operated for many years through several market cycles.
There is a lot of exclusive support for large fund clients.
Disadvantages
It has a history of hacks, but all have been fully compensated.
Some features have high minimum trading amounts, which may not be suitable for small fund traders.
Huobi official website, official APP download
Huobi invitation code: b6yq8223
HTX Huobi exchange official website
HTX Huobi exchange APP download
Where is the latest official website address for Huobi? How to register for a Huobi account? Huobi invitation code offers a 20% discount.
HTX Huobi exchange review 2025: Is HTX safe? Advantages and disadvantages, fees, trading experience introduction.
3. Binance
Binance has established a unified trading account and other globally leading crypto trading systems, launched MetaX, and provides multi-chain non-custody wallets, Binance NFT market, DEX, Dapps, and other products. OEC, as its self-developed public chain, has also begun to take shape, meeting users' diverse digital asset business needs. In the future, Binance will continue to venture into areas such as the metaverse, Web 3.0, and GameFi. Binance Ventures has invested in hundreds of blockchain projects globally, promoting the prosperity of the crypto economy.
Advantages:
Many cryptocurrencies, supports Chinese interface, supports RMB trading, ultra-low fees, easy registration, high trading volume, and a large user base.
High liquidity
Wide range of trading services
Safe and reliable
User-friendly interface
Disadvantages:
Slightly higher trading fees
Occasional technical issues
Binance official website, official APP download
OK Binance ex trading platform invitation code: jbzj999
OK Binance ex trading platform official website
OK Binance ex trading platform APP download
OK Binance ex beginner tutorial: download, register, buy coins, sell coins, wallet security (Web/App)
Beginner's guide to registering an OK Binance ex account (safe download and registration guide)
4. Gate.io
Gate.io trading platform was established in April 2013, registered in the Cayman Islands, and was renamed "Zhi Ma Kai Men" in July 2020. The platform has years of stable operating experience and has accumulated many industry-leading technologies. It ensures the security of users' assets through both centralized and decentralized methods, providing users with an efficient and convenient real-time trading service system. As one of the longest-standing and largest trading platforms globally, Zhi Ma Kai Men strictly adheres to industry rules and does not participate in market operations.
Advantages
No mandatory KYC
Ability to trade a vast number of altcoins
Provides complete API documentation and SDK, facilitating developers for programmatic trading and application development
Disadvantages
Low frequency of APP updates
Trading interface is somewhat cluttered
Fewer advanced trading features
- Bitget
Bitget exchange supports online real-time trading of over 500 virtual currencies and holds licenses such as Canada MSB license M20179708, US MSB, and Australia DCE. In 2022, it successively added wealth management, half-price coin buying, voting for coin listing, contract strategy trading, and more empowerment for SBGB, making it a one-stop cryptocurrency exchange suitable for various investors.
Advantages
800+ cryptocurrencies available
Copy trading advantages
Low fees, enjoy BGB discounts
Strong security measures
$300 million protection fund
Disadvantages
6. Bybit
Bybit exchange is a cryptocurrency trading application designed for both beginners and professionals. It simplifies the purchasing process for popular cryptocurrencies, offering spot and derivative trading pairs, and features such as unified sidebar fields for derivative trading, advanced limit order settings, and easy trading options for beginners, as well as asset management, copy trading, NFT market, and more.
Advantages
One of the top three exchanges, with a certain scale
Clear interface and simple operation, allowing beginners to quickly learn how to operate
Can trade without KYC (but KYC is still recommended to increase withdrawal limits)
Sufficient security, and fees are quite cheap
Disadvantages
Cannot deposit directly in New Taiwan Dollars (most international exchanges currently do not support deposits in New Taiwan Dollars)
In the domestic virtual currency APP download rankings, Binance and the Binance trading platform are undoubtedly the most downloaded. Taking Binance as an example, on its official website, Binance not only supports downloads for Android and Apple devices but also provides different operating systems for desktop users. Below, we will explain the download tutorial for Binance on different devices.
Binance official APP download tutorial (Android version)
Method 1: Download the Binance App via QR code on the official website
Open the Binance official website — Click the download icon in the upper right corner — Scan the QR code with your phone. (It is recommended to use a browser for scanning)
Click local download — normal download or download, then follow the prompts to complete the download and installation.
Warm reminder
The download path may vary for different brands of Android phones; please follow the corresponding prompts to complete the download and installation.
If you are not using a mobile browser to scan, you may need to click the icon in the upper right corner, select to open in the browser, and then click local download — download, and complete the download and installation as required.
Method 2: Direct download tutorial via Binance download link
If you are using an Android phone, you need to go to the official website. First, open your browser and enter the URL: https://static.jbzj.com/qkl/ 币安 /zhuce.html.
Note: If you are in mainland China, it is impossible to download the Binance official APP directly from the international official website. The current official APP download link for Binance in mainland China uses redirection technology, and the link above is the official redirection link!
At this point, it will redirect us to a page to download the APK installation package, and we click to download.
Then wait for it to finish downloading.
Once the download is complete, we click on the downloaded APK.
Then select to allow this installation.
At this point, it will prompt us that there is a risk; we can directly ignore it. The reason for this prompt is that our APP is not downloaded from the software store that comes with our phone. We know that Binance cannot be searched in the app stores in mainland China, so we can only download it from its official website. We just need to know that we are downloading the legitimate Binance APP from its official website. Here we can directly click to ignore the risk and install.
Note: Be sure to download from the link provided by this site, remember!
At this point, our Binance APP installation is complete, and we can directly click to open it.
What to do if the Android download fails to install?
Some Android phones may show security risk or virus risk prompts after completing the download of the Binance App installation package, preventing installation. You can refer to the following methods to complete the installation.
Huawei Android version
Click allow to continue installation, do not move to control, and follow the prompt steps to complete the installation.
Huawei HarmonyOS 4.0
Exit pure mode and turn off external source application checks:
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On the phone homepage — Settings — System and updates — Pure mode, turn off enhanced protection;
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Settings — Security — More security settings — turn off external source application checks.
【Warm reminder】:
If pure mode cannot be turned off, you can try selecting the corresponding country/region in the application market — My — Settings — View country/region. Please note that some countries or regions may not support downloading the Binance APP from the application market.
Honor phone
First, connect to the internet to download the Binance App installation package. After successful download, disconnect Wi-Fi and data to ensure the phone has no network (click install in a disconnected environment). Follow the prompts to continue installation, and once successful, you can restore the phone's network.
Xiaomi phone
On the installation page, click the settings in the upper right corner — turn on security protection, then return and follow the prompts to complete the installation.
OPPO phone
Open OPPO phone settings, phone manager (built-in) — payment protection, turn off all software protection, and turn it back on after successfully installing the Binance App.
Telecom network
Under the telecom network, you can turn on airplane mode and use Wi-Fi to complete the download and installation of the Binance App.
Other methods
For other brands/types of Android phones, you can try the following methods to install the Binance App.
Turn off the network and Bluetooth, use the Quark browser or the phone's built-in browser to download and install, and change the virus settings to 360, etc.;
Settings — Apps and notifications — Permission management — Security and privacy — App lock — Trust this app — log in again, and the "risk" prompt will no longer appear.
After downloading the Binance App installation package, turn off all data traffic before installing.
Binance APP iOS download tutorial
The use of overseas Apple ID
The App Store typically provides specific applications and services based on the user's region. Some apps, games, or other content may only be available in the App Store of specific countries or regions. By creating an overseas Apple ID, you can access the App Store of other regions to download and install region-restricted content. This is particularly useful for Apple users in foreign trade who often need to use some overseas app resources.
Additionally, some Apple services may be launched first in specific regions, and you may need to use the corresponding region's Apple ID to access these services, such as Apple Music, Apple News+, Apple TV, etc. Choosing to register for a US Apple ID is popular because the App Store has the most apps, and gift card top-ups are convenient; gift cards from other regions can be difficult to obtain.
However, if you want to download trading platforms, especially Binance, it is recommended to use Taiwan, Hong Kong, etc. Taiwan is preferred as we can understand traditional Chinese and access it without barriers.
Precautions for using overseas ID
If you can register on your own, try not to use shared IDs, as you may encounter privacy leaks, account bans, device locks, and other issues that could brick your iPhone.
When using an overseas ID, it is recommended to log in from the store (App Store) rather than from settings to avoid the risk of account bans and device locks.
For those who register directly and cannot register for overseas verification (it is best to have a Taiwan network or overseas phone number), you can first register a domestic account and then change it to the Taiwan region, which is easier to succeed.
If you cannot pass verification, you can choose to use a business account, preferably with an overseas phone number.
Materials needed for registration:
- Email:
Common QQ, 163, Gmail, 189, etc., can be registered. If you encounter an error during email registration, switch to another email and continue trying. (The reason some emails cannot be registered is not clearly described by Apple, and it is a very small probability occurrence.)
- Phone number:
A normal working phone number (you will need SMS verification during the creation and use process; one phone number can register multiple Apple IDs, so don't worry about this phone number having registered an ID before).
- Virtual address:
As we are all Chinese, we can only solve identity issues through online generated virtual addresses and other information.
Detailed steps to register an overseas Apple ID
Note: This tutorial is based on the author's own testing in China, and all steps are effective. Friends in need can follow the steps below to complete the registration and download Binance, Huobi, and other exchanges!
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First, open a virtual address generator. The author uses meiguodizhi.com. After entering the webpage, click on Taiwan address, then in the generation field, input Tainan City, click generate, and obtain the following information, as shown in the image.
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Then go to the Apple official website account and input the information.
First field: Fill in any surname and name; the author filled in a simplified version of their name.
Second field: Country and region: Taiwan, China.
Third field: Fill in any birth date, preferably an adult date.
Fourth field: The email must be a real email, as you will need to receive a verification code (the red text below is because this screenshot was taken after the author completed the registration and confirmed it worked).
Fifth and sixth fields: Input a password, remember the password.
Seventh field: For country/region options, select mainland China.
Eighth field: Input a phone number that you can use, as you will need to receive a verification code later (mainland numbers are also acceptable; the author used their own phone number).
Verification method: Check SMS.
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Next, you will be prompted to enter the verification code for the email. Log in to the prepared email to get the verification code and input it. Then you will also verify the phone number, which will be sent via SMS to the phone number you provided; input the verification code and click Next to successfully register.
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After registration, you will see this page. You don’t need to worry about this page; just pick up your Apple phone and enter the App Store, as shown in the image.
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Enter the Apple App Store, click the person icon in the upper right corner to enter the account, as shown in the image.
If you have previously logged into the Apple App Store, scroll down to the bottom of the page and click to log out of the original account, as shown in the image.
Then log in again with the newly registered account;
After entering the account, it will prompt that this Apple account has not yet been used for the iTunes store. Click check to log in, then check your account information, and click check to proceed, as shown in the image.
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Complete the creation of the Apple account, click agree to the terms and conditions, and then click the next page, as shown in the image.
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On this page, you will be asked to enter the street. The first street must be filled in; just copy and paste the virtual address generated from the virtual address generator here. The second street can be left blank; for the county/city field, input the county/city generated from the virtual address generator; for the postal code area, if you directly input the postal code generated from the virtual address generator, it may not work because the author first input the postal code generated from the virtual address generator and it showed unavailable. Later, the author searched for the postal code of the street address generated from the virtual address generator on Baidu, and that worked. If you encounter this situation, you can try the author's method; for the phone field, the author input the phone number generated from the virtual address generator. After completing these inputs, click the next page in the upper right corner to continue logging in, as shown in the image.
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Enter the created Apple account, click continue, as shown in the image.
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Enter the new content page of the App Store, click continue, as shown in the image.
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Then you will successfully log in. In the App Store's search bar, input the required cryptocurrency exchanges, and you will see exchanges like Binance, Huobi, Gate.io, Bitget, Bybit, etc. Click to obtain, enter the password verification interface for downloading, and input the password.
Be sure to register using the invitation code.
Set App Store billing information
When prompted to select a payment method, choose "None." If you cannot select "None," skip without selecting any method. Then input the prepared Taiwan address; it is recommended to use real street information, but there is no need for real recipient information.
Failed to register for Taiwan region Apple ID?
During the registration process, users often encounter system prompts or process obstacles, especially when there are network environment issues, device configurations, or account information mismatches. Here are some common problems and solutions.
- After filling in the information, it shows "Unable to create your account at this time"?
This type of error usually stems from Apple's security mechanism being triggered to prevent malicious bulk registrations. Possible reasons include:
Using an email address that has been registered multiple times, abnormal device fingerprints and IP addresses, or multiple attempts in a short time. The likelihood of this prompt appearing significantly increases, especially when repeatedly registering multiple accounts in the same network environment.
Solution: It is recommended to first change to an email address that has not been registered for an Apple ID. Also, try switching networks, such as from home Wi-Fi to mobile hotspot, or using a VPN to change the IP segment. You can also change browsers or clear browser cache, refresh the page, and resubmit the registration information. If you still cannot create an account, you can wait 24 hours and try again or register using another device.
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The payment method does not have the "None" option?
You can try switching the ladder to "Taiwan region" before filling in the payment billing information and retry. -
Unable to receive email or phone verification codes during registration
Email not receiving verification codes
(1) Check the spam folder
(2) Try using Gmail, Outlook, or other emails that have not registered for Apple ID to retry.
Phone not receiving verification codes
Generally, a mainland +86 phone number is sufficient, but the same phone number cannot register more than two Apple IDs. If you cannot receive the verification code, you can try registering via the web version, changing phone numbers, or using a virtual phone number (not highly recommended).