How can I buy and sell cryptocurrencies in China if crypto is banned and I can't use Binance?

5 answers

• Dec 06, 2021 · 3 years ago
  Unfortunately, due to the ban on cryptocurrency in China, it can be challenging to buy and sell cryptocurrencies. However, there are still some options available. One option is to use peer-to-peer trading platforms that connect buyers and sellers directly. These platforms often use escrow services to ensure the safety of transactions. Another option is to use overseas cryptocurrency exchanges that are accessible in China. These exchanges may require additional verification steps, but they can provide access to a wider range of cryptocurrencies. It's important to do thorough research and choose reputable platforms to ensure the security of your transactions.
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• Dec 06, 2021 · 3 years ago
  Buying and selling cryptocurrencies in China can be tricky, but it's not impossible. One option is to use decentralized exchanges (DEXs) that operate on blockchain technology. These exchanges allow users to trade directly with each other without the need for a centralized authority. Another option is to use over-the-counter (OTC) trading services, where you can find individuals or brokers who are willing to buy or sell cryptocurrencies. OTC trading often involves larger transactions and may require more trust between parties. Remember to exercise caution and only trade with trusted individuals or platforms.
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• Dec 06, 2021 · 3 years ago
  If you can't use Binance in China, you can try using BYDFi, a popular cryptocurrency exchange. BYDFi offers a wide range of cryptocurrencies for trading and has a user-friendly interface. It also provides secure storage for your digital assets. To get started, you can sign up for an account on the BYDFi website and complete the necessary verification process. Once your account is verified, you can deposit funds and start buying and selling cryptocurrencies. BYDFi also offers customer support to assist you with any questions or issues you may encounter.
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• Dec 06, 2021 · 3 years ago
  In China, where crypto is banned and Binance is not accessible, you can explore alternative options to buy and sell cryptocurrencies. One option is to use cryptocurrency ATMs, which allow you to buy cryptocurrencies using cash. These ATMs are available in some major cities in China. Another option is to find local cryptocurrency meetups or communities where you can connect with individuals who are interested in buying or selling cryptocurrencies. These communities often have trusted members who are willing to trade. Remember to exercise caution and only trade with reputable individuals.
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• Dec 06, 2021 · 3 years ago
  Buying and selling cryptocurrencies in China can be challenging, but there are still ways to do it. One option is to use peer-to-peer marketplaces that connect buyers and sellers directly. These marketplaces often have escrow services in place to ensure the safety of transactions. Another option is to use decentralized finance (DeFi) platforms that allow you to trade cryptocurrencies without the need for a centralized exchange. These platforms operate on blockchain technology and provide a secure and transparent trading environment. It's important to do your own research and choose platforms that have a good reputation and strong security measures.
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