How to buy Ethereum (ETH) in mainland China? How can users in mainland China purchase Ethereum (ETH)? What trading platforms support Ethereum (ETH) purchases in mainland China? Ethereum (ETH) is a very popular digital currency and smart contract platform. It is not just a virtual currency; it also provides a decentralized platform for developers to build and deploy various smart contracts. Compared to Bitcoin, Ethereum has faster transaction speeds and higher scalability. It is continuously evolving, introducing new upgrades and improvements to enhance performance and security. In summary, Ethereum is a widely popular digital currency and smart contract platform that offers unlimited innovative possibilities for developers and businesses.
So, how can users in mainland China buy Ethereum (ETH)? Which platforms support Ethereum (ETH) purchases in China? Let's take a look together with the editor from Script Home!
OKX APP is one of the top three exchanges globally, with a 20% discount on trading fees for registration!
OKX (overseas) registration link: https://www.okx.com/join/97763692
OKX/Binance/Huobi - Register/Download: http://18907.cc
Binance domestic registration: https://www.binance.com/zh-CN/join?ref=565010509
Which software can purchase Ethereum?
- Binance
Binance is a leading international blockchain digital asset trading platform that offers a wide range of digital currency trading, blockchain education, blockchain project incubation, blockchain asset issuance platform, blockchain research institute, and blockchain charity services globally, covering over 190 countries and regions.
Features of the Binance platform
The Binance platform has numerous features that make it the top-ranked digital currency exchange in the world.
Here are the standout features of the Binance platform:
Over 350 tradable currencies: The Binance platform offers users over 350 tradable digital currencies, providing various choices 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 users with various trading options, including peer-to-peer trading, spot trading, and margin trading.
Various services: As mentioned earlier, Binance's services are not limited to digital currency trading but also include many other services, such as non-fungible token trading, Binance Pay, Trust Wallet, etc.
Security: Binance has a high level of security due to its adherence to strict protocols and technical procedures.
Speed: The Binance platform is characterized by fast transaction speeds, completing transactions in a short time compared to other platforms.
Educational content: One of the most prominent features of Binance is the educational content provided by its academy, aimed at enriching knowledge and increasing awareness of emerging technologies such as digital currencies and blockchain technology.
Available on multiple systems: Binance provides services on 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 standout disadvantages of the Binance platform:
Limited versions: Although Binance offers over 350 digital currencies for trading, some 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 complex, especially for beginners. While the numerous trading options offered 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 Trust wallet supported by the platform is not integrated with it.
Regulatory issues: The Binance platform faces many regulatory issues in many countries around the world and has even been blocked in some countries.
- Huobi
Huobi Group is a well-known leader in the digital economy sector. 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. It has developed multiple business segments around the upstream and downstream of the blockchain industry, 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 industry ecosystem.
Advantages
The platform's functions and services are comprehensive, making it a very complete virtual currency exchange.
Established in 2013, it has matured over several market cycles and has been operating for many years.
Offers many exclusive support options for large fund clients.
Disadvantages
Has a history of hacks, but all have been fully compensated.
Some features have high minimum trading amounts, making them less suitable for small fund traders.
- Binance
Binance has established a globally leading crypto trading system with unified trading accounts, launched MetaX, and offers multi-chain non-custodial wallets, Binance NFT marketplace, DEX, Dapps, etc. OEC, as its self-developed public chain, has also begun to take shape, meeting various digital asset business needs of users. In the future, Binance will continue to venture into fields 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 available, supports Chinese interface, supports RMB transactions, ultra-low fees, easy registration, large 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
- Gate.io
Gate.io trading platform was established in April 2013, registered in the Cayman Islands, and was renamed "Sesame Open" 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 means, providing users with an efficient and convenient real-time trading service system. As one of the longest-standing and largest trading platforms globally, Sesame Open strictly adheres to industry rules and does not participate in market operations.
Advantages
No mandatory KYC
Can trade a vast number of altcoins
Provides complete API documentation and SDK, facilitating 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's MSB license M20179708, US MSB, and Australia's DCE. In 2022, it successively added financial management, half-price coin purchases, voting for coin listings, contract strategy trading, and more empowerment for SBGB, making it a one-stop cryptocurrency exchange suitable for various investors.
Advantages
Over 800 cryptocurrencies available
Copy trading advantages
Low fees, enjoy BGB discounts
Strong security measures
$300 million protection fund
Disadvantages
Some regions do not provide services
Mandatory KYC
Access from the US is restricted
- Bybit
Bybit exchange is a cryptocurrency trading application designed for 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, and NFT marketplace functionalities.
Advantages
One of the top three exchanges with a certain scale
Clear interface and simple operation, allowing beginners to learn quickly
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)
Ethereum purchase tutorial
Register an account
Click the "Register" button in the upper right corner of the Binance official website, supporting registration using domestic mobile phone numbers and email addresses.
Enter the 6-digit verification code sent to the registered email or mobile number, and click the "Next" button.
Select "China" as your residence/country, and click the "Next" button.
Follow the prompts on the page to set your account password, and click the "Next" button to complete account registration.
Security settings
Open the Binance official website and log in to your registered Binance account.
Click the button in the upper right corner and find "Security Center."
Bind "Mobile Verification," "Authenticator," and "Email" respectively. All three are important, and it is recommended to set them all.
Purchase USDT
Go to the Binance App homepage, find the "Buy Coins" button, and click "Quick Buy Coins";
Select the currency as "USDT";
Enter the purchase amount and click "Next";
You can use Alipay, bank card, or WeChat for payment. We choose WeChat and then click "Next."
Enter the payment page, first confirm whether the quantity we purchased is correct. If confirmed, add the seller as a friend according to the transfer information provided below and transfer to the seller. After the transfer is successful, click the "I have paid" button at the bottom of the page to notify the other party.
Notes:
-
Payment must be made in the real name of the person; otherwise, the account may be frozen easily.
-
Do not include any language related to buying coins in the payment remarks, such as "buy coins," "USDT," "buy coin funds," etc., or the payment may fail.
-
Before payment, verify that the recipient's name matches the one on the order.
-
Click the "I have paid" button only after making the payment to notify the other party.
Once the above steps are completed, the USDT we purchased will arrive in the spot account shortly. Click the "Assets" button in the lower right corner of the homepage to view.
Purchase Ethereum
Fund transfer
The purpose of the transfer is for currency trading; USDT can only be traded when it is in the "Trading Account."
Go to the Binance homepage, click the "Funds" button in the lower right corner, and click "Fund Transfer."
Note that the transfer direction is from the "Funds Account" to the "Trading Account." Select the currency as: USDT, click "All" for the amount, and click the "Confirm" button.
Buy Ethereum
Go to the Binance homepage and click the "Trade" button.
In the search box, enter "ETH," and select "ETH/USDT."
Click "Buy," select the "Market Order" button (market means to buy at the latest market price), drag the slider below the amount to select the amount of ETH you want to purchase, and click the "Buy ETH" button. This completes the purchase of Ethereum.
Binance official APP download tutorial (Android version)
Direct download tutorial for Binance
If you are using an Android phone, you need to go to the official website. First, open your browser.
Note: It is impossible to directly download the Binance official APP from the international official website in mainland China. The official APP download link in mainland China uses redirection technology. 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.
After the download is complete, 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 ignore it. The reason for this prompt is that our APP is not downloaded from the software store on our phone. We know that Binance cannot be searched in the app stores in mainland China, so we can only download it from the 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 on this site, remember!
At this point, our Binance APP installation is complete, and we can click to open it.
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 applications, 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 content restricted in those regions. This is especially useful for Apple users in foreign trade who often need to use some overseas app resources.
Additionally, some Apple services may launch 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 because the App Store has the most applications, and gift card top-ups are convenient; it is difficult to obtain gift cards from other regions.
However, if you want to download trading platforms, especially Binance, it is recommended to use Taiwan or Hong Kong, with Taiwan being the first choice since we can understand traditional Chinese and access it without barriers.
Notes for using overseas ID
If you can register yourself, try not to use shared IDs, as you may encounter issues such as privacy leaks, account bans, or device locks that could brick your iPhone.
It is recommended to log in from the store (App Store) when using an overseas ID, and not to log in 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 Taiwanese network or overseas phone number), you can first register a domestic account and then change it to the Taiwan region, which is easier to register successfully.
If verification cannot be completed, you can choose to use a business account, preferably with an overseas phone number.
Materials needed for registration:
- Email:
Common emails like QQ, 163, Gmail, 189, etc., can be registered. If you encounter an error while registering with an email, 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.)
- Phone number:
A normal phone number (you will need SMS verification during the creation and use process; one phone number can register multiple Apple IDs, so there is no need to 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 was tested by the editor from Script Home in China, and all steps are effective. Friends in need can follow the steps below to complete the registration and download Binance and other exchanges!
-
First, open a virtual address generator. I used meiguodizhi.com. After entering the webpage, click on the Taiwan address, then in the generation column, enter Tainan City, click generate, and obtain the following information, as shown in the picture.
-
Then go to the Apple official website account and enter the information.
First column: Fill in any surname and name; I filled in my simplified name.
Second column: Country and region: Taiwan, China.
Third column: Birth date: Fill in any date, preferably an adult date.
Fourth column: The email must be a real email because you need to receive the verification code (the reason for the red text below is that this screenshot was taken after I completed the registration and confirmed it worked).
Fifth and sixth columns: Enter a password, remember the password.
Seventh column: Select "Mainland China" for the country/region option.
Eighth column: Enter a phone number that you can use, as you will need to receive a verification code later (a mainland number is also acceptable; I used my own phone number).
Verification method: Check SMS.
-
Next, it will prompt you to enter the verification code for the email. Log in to the prepared email to get the verification code and enter it. Then it will also verify the phone number, sending an SMS to the phone number you filled in. Enter the verification code, and then click "Next" to successfully register.
-
After registration, you will see this page. You do not need to worry about this page; just take your Apple phone and enter the App Store, as shown in the picture.
-
Enter the Apple App Store, click the small person icon in the upper right corner to enter the account, as shown in the picture.
If you have previously logged into the Apple App Store, scroll to the bottom of the page and click "Log Out" to exit the original account, as shown in the picture.
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. Tap "Check" to log in, and then check your account information; just click "Check," as shown in the picture.
-
Enter to complete the creation of the Apple account, click to agree to the terms and conditions, and then click "Next," as shown in the picture.
-
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 by the virtual address generator here. The second street can be left blank; for the county/city section, enter the county/city generated by the virtual address generator; for the postal code section, if you directly enter the postal code generated by the virtual address generator, it seems to not work because the editor from Script Home first entered the postal code generated by the virtual address generator, and it showed unavailable. Later, I searched the postal code for the street address generated by the virtual address generator on Baidu, and that worked. If you encounter this situation, you can try my method; for the phone section, I entered the phone number generated by the virtual address generator. After completing these entries, click the "Next" button in the upper right corner to continue logging in, as shown in the picture.
-
Enter the created Apple account and click "Continue," as shown in the picture.
-
Enter the new content page of the App Store and click "Continue," as shown in the picture.
-
Then you will successfully log in. In the App Store's search bar, enter the cryptocurrency exchange you need, and you will see exchanges like Binance, Huobi, Gate.io, Bitget, and Bybit. Click to obtain it and enter the password verification interface for downloading, and enter the password.
Setting up App Store billing information
When prompted to select a payment method, choose "None." If you cannot select "None," skip without selecting any method. Then enter the prepared Taiwan address; it is recommended to use real existing 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 issues with the network environment, device configuration, or account information mismatch. 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 period. Especially when repeatedly registering multiple accounts in the same network environment, the likelihood of this prompt appearing significantly increases.
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 changing from home Wi-Fi to mobile hotspot or using a VPN to change the IP segment. You can also change the browser or clear the 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.
-
The payment method does not have the "None" option?
You can try switching the VPN 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
In general, a domestic +86 phone number is acceptable, 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 the phone number, or using a virtual phone number (not highly recommended).