Which country is Bitop exchange located in? Can it be used in China?
Bitop Exchange is registered in Singapore and has no regulatory license in mainland China, so its use is risky.
Bitop Exchange Country Attribution and Usage in China
Country Attribution
Bitop Exchange is a cryptocurrency exchange registered in Singapore.
Used in China
Currently, the Bitop exchange has not yet received regulatory approval and recognition in mainland China. Therefore, there are certain risks in using the Bitop exchange within China.
Detailed Description
- Singapore Registration: Bitop Exchange is headquartered in Singapore and is regulated by the Monetary Authority of Singapore (MAS) supervision.
- Illegal in China: Due to the Chinese government’s strict restrictions on cryptocurrency trading, the Bitop exchange is illegal to operate in mainland China.
- Risks of use: Using Bitop Exchange in China may lead to risks such as loss of funds, legal penalties and other risks.
- Other options: Users in China can use cryptocurrency exchanges licensed by Chinese regulators, such as Huobi, OKX, etc.
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