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Which domestic app can officially trade virtual currencies? How to register?

Olivia Jane Martin
Olivia Jane MartinOriginal
2024-10-11 14:03:01668browse

If you are interested in trading virtual currencies in China, it is crucial to know about reliable platforms. This guide will explore the pros and cons of different trading platforms and help you choose one that suits your needs.

Which domestic app can officially trade virtual currencies? How to register?

Domestic regular virtual currency trading platform

Answer:

There is currently no formal virtual currency trading platform in China.

Detailed explanation:

In September 2021, ten ministries and commissions including the People’s Bank of China and the National Development and Reform Commission jointly issued an announcement clearly prohibiting virtual currency transactions and emphasizing that No unit or individual may provide business premises, clearing and settlement, registration transaction and other services for virtual currency transactions. Therefore, all domestic virtual currency trading platforms have ceased operations.

Registration process:

Since there is no formal virtual currency trading platform in China, there is no registration procedure.

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