Can I still buy and sell Bitcoin in China?
It is prohibited to buy and sell Bitcoin in China and it will violate the law.
It is prohibited to buy and sell Bitcoin in China and it will violate the law.
#In September 2021, the People's Bank of China and ten other departments issued the "Notice on Further Preventing and Dealing with the Risks of Speculation in Virtual Currency Transactions" (hereinafter referred to as the "924 Notice") , clearly stated:
Virtual currency does not have the same legal status as legal tender,
No organization or individual is allowed to issue or sell within China , To purchase virtual currency,
Overseas virtual currency exchanges are not allowed to provide services to residents in China.
The notice also requires financial institutions and payment institutions not to provide account opening, transaction settlement, clearing and other services for virtual currency transactions.
The issuance of the "924 Notice" means that Bitcoin transactions in China are completely prohibited.
Despite this, there are still some over-the-counter Bitcoin transactions in China. However, this kind of transaction involves the following risks:
Legal risk: Investors participating in OTC transactions may face legal penalties.
Trading risks: OTC transactions lack supervision and investors are prone to fraud.
Price risk: Bitcoin prices fluctuate violently, and investors may suffer significant losses.
Therefore, investors should be cautious when participating in Bitcoin transactions and be prepared to bear legal risks and transaction risks.
The following are some risks of Bitcoin trading:
Price Fluctuation Risk: Bitcoin prices fluctuate violently, and investors may suffer significant losses.
Policy risk: The Chinese government may introduce stricter regulatory measures or even ban Bitcoin transactions.
Technical risks: Bitcoin technology has certain risks, such as hacker attacks, wallet loss, etc.
Legal Risk: Bitcoin trading is illegal in some countries and regions, and investors may face legal risks.
The above is the detailed content of Can I still buy and sell Bitcoin in China?. For more information, please follow other related articles on the PHP Chinese website!
Ouyi Ouyi Ouyi Ouix Ouyi Global Station Login Home PageApr 21, 2025 pm 11:57 PMOuyi OKX is the world's leading digital asset trading platform. 1) Its development history includes: it will be launched in 2017, the Chinese name "Ouyi" will be launched in 2021, and it will be renamed Ouyi OKX in 2022. 2) Core services include: trading services (coin, leverage, contracts, DEX, fiat currency trading) and financial services (Yubibao, DeFi mining, lending). 3) The platform's special functions include: market data services and risk control system. 4) Core advantages include: technical strength, security system, service support and market coverage.
Recommend several apps to buy mainstream coins in 2025 latest releaseApr 21, 2025 pm 11:54 PMAPP software that can purchase mainstream coins includes: 1. Binance, the world's leading, large transaction volume and fast speed; 2. OKX, innovative products, low fees, high security; 3. Gate.io, a variety of assets and trading options, focusing on security; 4. Huobi (HTX), low fees, good user experience; 5. Coinbase, suitable for novices, high security; 6. Kraken, safe and compliant, providing a variety of services; 7. KuCoin, low fees, suitable for professional traders; 8. Gemini, emphasizes compliance, and provides custodial services; 9. Crypto.com, providing a variety of offers and services; 10. Bitstamp, an old exchange, strong liquidity,
What is a quantum chain? What are the quantum chain transactions?Apr 21, 2025 pm 11:51 PMQuantum Chain (Qtum) is an open source decentralized smart contract platform and value transmission protocol. 1. Technical features: BIP-compatible POS smart contract platform, combining the advantages of Bitcoin and Ethereum, introduces off-chain factors and enhances the flexibility of consensus mechanisms. 2. Design principle: realize on-chain and off-chain data interaction through main control contracts, be compatible with different blockchain technologies, flexible consensus mechanisms, and consider industry compliance. 3. Team and Development: An international team led by Shuai Chu, 80% of the quantum coins are used in the community, and 20% rewards the team and investors. Quantum chains are traded on Binance, Gate.io, OKX, Bithumb and Matcha exchanges.
Quantum Chain Exchange Ranking Top 10 Recommended (Updated in 2025)Apr 21, 2025 pm 11:48 PMQuantum chains can be traded on the following exchanges: 1. Binance: One of the world's largest exchanges, with large trading volume, rich currency and high security. 2. Sesame Open Door (Gate.io): a large exchange, providing a variety of digital currency transactions, with good trading depth. 3. Ouyi (OKX): operated by OK Group, with strong comprehensive strength, large transaction volume, and complete safety measures. 4. Bitget: Fast development, provides quantum chain transactions, and improves security. 5. Bithumb: operated in Japan, supports transactions of multiple mainstream virtual currencies, and is safe and reliable. 6. Matcha Exchange: a well-known exchange with a friendly interface and supports quantum chain trading. 7. Huobi: a large exchange that provides quantum chain trading,
What are the quantum chain trading platforms?Apr 21, 2025 pm 11:45 PMPlatforms that support Qtum trading are: 1. Binance, 2. OKX Ouyi, 3. Huobi, 4. Gate.io Sesame Open Door, 5. Siren, 6. Coinku, 7. Bit stamp, 8. Coinku, 9. Bybit, 10. Gemini, these platforms have their own characteristics and advantages.
How to trade quantum chainsApr 21, 2025 pm 11:42 PMThe quantum chain (Qtum) transaction process includes three stages: preliminary preparation, purchase and sale. 1. Preparation: Select a compliant exchange, register an account, perform identity verification, and set up a wallet. 2. Purchase quantum chains: recharge funds, find trading pairs, place orders (market orders or limit orders), and confirm transactions. 3. Sell quantum chains: Enter the trading page, select the trading pair and order type (market order or limit order), confirm the transaction and withdraw cash.
What does cross-chain transaction mean? What are the cross-chain transactions?Apr 21, 2025 pm 11:39 PMExchanges that support cross-chain transactions: 1. Binance, 2. Uniswap, 3. SushiSwap, 4. Curve Finance, 5. Thorchain, 6. 1inch Exchange, 7. DLN Trade, these platforms support multi-chain asset transactions through various technologies.
What are the hybrid blockchain trading platforms?Apr 21, 2025 pm 11:36 PMSuggestions for choosing a cryptocurrency exchange: 1. For liquidity requirements, priority is Binance, Gate.io or OKX, because of its order depth and strong volatility resistance. 2. Compliance and security, Coinbase, Kraken and Gemini have strict regulatory endorsement. 3. Innovative functions, KuCoin's soft staking and Bybit's derivative design are suitable for advanced users.
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.
VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft
Dreamweaver CS6
Visual web development tools
MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.
