Can I register for upbit in mainland China?

No. The reason is that Upbit is a Korean cryptocurrency exchange that only allows Korean residents to register. Upbit does not have an operating license in mainland China, so mainland residents cannot register an account with Upbit.

Can I register on Upbit mainland?

Answer: No

Detailed reasons

Upbit is a Korean cryptocurrency exchange that only allows Korean residents to register. Upbit does not have an operating license in mainland China, so mainland residents cannot register an account with Upbit.

Cause:

• Government Regulation: The Chinese government imposes strict regulations on cryptocurrency exchanges, requiring exchanges to obtain licenses to operate. Upbit does not have a license from the Chinese government and therefore cannot operate in the mainland.
• Anti-money laundering measures: Upbit implements strict anti-money laundering measures, including identity verification and source fund checks. These measures require users to provide real-name authentication information, which mainland residents cannot provide.

Alternatives:

Mainland residents have the following alternatives for cryptocurrency trading:

• Use Support Mainland Exchanges for residents: Exchanges such as Huobi and Binance allow mainland residents to register accounts.
• Use an over-the-counter (OTC) platform: OTC platforms allow users to buy and sell cryptocurrencies directly with other individuals, without regulation from exchanges.

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