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Homeweb3.0Mainland Cryptocurrency Exchange Ranking

Mainland Cryptocurrency Exchange Ranking

Oct 11, 2024 pm 06:53 PM
BlockchaincryptocurrencyEthereumBinanceexchangeHuobitrading platformEthereum blockchain

Mainland China bans cryptocurrency trading, so no government-regulated exchanges can legally operate in the country. However, some over-the-counter (OTC) platforms and decentralized exchanges (DEX) still continue to operate in the country, including: Over-the-counter (OTC) platforms: Huobi OTC, Binance OTC, OKX OTC Decentralized Exchanges (DEX): Uniswap, PancakeSwap, SushiSwap Note: There are legal and security risks in using these non-regulated platforms, so you should research carefully and choose a reputable platform before trading.

Mainland Cryptocurrency Exchange Ranking

Mainland Cryptocurrency Exchange Ranking

Cryptocurrency trading is banned in mainland China, so no exchange regulated by the government can be legal operations. However, some over-the-counter (OTC) platforms and decentralized exchanges (DEX) continue to operate in the country, and they do not fall under the mainland’s jurisdiction.

Over-the-counter (OTC) platform:

  • Huobi OTC: An OTC trading platform under Huobi Group, providing Trading services for multiple cryptocurrencies.
  • Binance OTC: The over-the-counter trading platform under Binance Exchange has huge trading volume and supports multiple cryptocurrencies.
  • OKX OTC: The over-the-counter trading platform under the OKX exchange provides transactions between cryptocurrencies and fiat currencies.

Decentralized Exchange (DEX):

  • Uniswap: Decentralized based on the Ethereum blockchain exchange that allows users to trade cryptocurrencies directly without the need for a middleman.
  • PancakeSwap: A decentralized exchange based on Binance Smart Chain that provides cryptocurrency trading, mining and staking services.
  • SushiSwap: A decentralized exchange based on the Ethereum blockchain, providing cryptocurrency trading, mining and revenue farming services.

Note:

  • There are legal risks in using non-regulated cryptocurrency platforms in mainland China.
  • These platforms carry risks of fraud and hacking.
  • Be sure to research and choose a reputable platform before trading.

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