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Can Binance be used in China now Tutorial on using Binance in C

Date:2024-04-27 18:56:38 Channel:Crypto Read:
In the world of digital currency, Binance, as a well-known cryptocurrency trading platform, has always attracted much attention. However, in mainland China, due to regulatory policy adjustments, it was once confusing whether Binance was available. This article will give you a detailed introduction to the use of Binance in China and how to navigate the world of digital currency through simple and easy-to-understand tutorials.
1. Current usage of Binance in China
As the Chinese government’s regulation of cryptocurrencies becomes increasingly strict, there were concerns about Binance’s use in China. However, in fact, although mainland China cannot directly access the Binance official website, you can still easily access and use the Binance platform through VPN and other tools. Under this situation, many Chinese users have chosen to use VPNs to bypass the blockade and enjoy the convenience and opportunities brought by Binance trading.
2. Tutorial on using Binance in China
1. Download and install VPN tools: In China, accessing foreign websites requires the use of VPN tools, so the first step is to choose a stable and reliable VPN service provider and download and install the VPN client according to personal needs.
2. Connect to an overseas server: Open the VPN client, select an overseas server and connect successfully to ensure that the VPN is available.
3. Visit the Binance official website: After successfully connecting to the VPN, open the browser and enter the Binance official website (www.binance.com) to access the Binance exchange.
4. Register and log in to your account: If you are a new user, click the registration button, fill in the relevant information and complete the registration. If you already have an account, directly enter your username and password to log in.
5. Conduct transactions: After successfully logging in, you can start trading BTC, ETH and other digital currencies, and you can also perform operations such as recharge and withdrawal.
3. Advantages and risks of Binance in China
1. Advantages:
- Diverse trading pairs: Binance provides a variety of digital currency trading pairs to meet the diverse investment needs of users.
- Low handling fees: Compared with other exchanges, Binance's transaction fees are relatively low, saving users transaction costs.
- Strong security: Binance uses multiple encryption technologies and security protection measures to ensure the safety of user assets.
2. Risks:
- Legal risks: There are legal risks in using Binance in China, and users must bear possible legal liabilities.
- Technical risks: There are certain technical risks in using VPN to access Binance, such as unstable connections, information leakage, etc.
4. How to use Binance more safely
1. Use strong passwords: Set complex and unique passwords, and change them regularly to increase account security.
2. Enable two-factor verification: Turn on two-step verification functions such as Google Verification Code to improve the security level of your account.
3. Be careful to guard against phishing websites: avoid clicking on links from unknown sources and make sure you are logging in to the official Binance website.
5. Conclusion
Although there are certain legal and technical risks in using Binance in China, the Binance exchange can still be easily accessed and used through tools such as VPN. For digital currency enthusiasts, understanding the usage of Binance in China and taking corresponding security measures can help you better enjoy the fun of digital currency transactions. I hope the Binance China usage guide provided in this article can help you navigate the world of digital currency more smoothly.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

It is currently the most popular exchange and has developed to this day due to its reliability and security, and has become a leading exchange. But for Chinese citizens, using Binance is often restricted, so is Binance available in China now? Binance was once one of the largest cryptocurrency trading platforms in China, but under regulatory pressure from the Chinese government, Binance announced that it would stop providing trading services to users in mainland China. Next, the editor of Binance Circle will introduce to you the tutorial on how to use Binance in China, hoping to help you with your transactions.

 Is Binance available in China now?

Binance restricts use in mainland China and issued a notice in 2021. In response to local government regulatory policy requirements, Binance C2C will be delisted from the CNY trading area at 24:00 on December 31, 2021 (Eastern Eighth District time). At the same time, Binance will conduct an inventory of platform users. If the platform finds a user from mainland China, its corresponding account will switch to the "withdrawal only" mode, and the user will only be able to withdraw, cancel orders, redeem, and close positions.

In September 2021, there are some restrictions on the use of cryptocurrency trading platforms in mainland China. The Chinese government has taken multiple regulatory measures against cryptocurrency activities, including prohibited operations and cryptocurrency ICO (initial coin offering) activities. This has led to the closure or discontinuation of services of many domestic cryptocurrency trading platforms.

 Binance domestic usage tutorial

To use Binance in China, you need to switch networks, that is, any network other than mainland China is acceptable. The following is a detailed tutorial on using Binance in China:

1. Open the Binance official website () and click [Register using email/mobile phone number] on the left

2. Binance has fully opened the registration of mobile phone numbers to mainland users. Enter your email/mobile phone number and click Next.

3. Swipe the puzzle to the right for security verification, and promptly check the 6-digit verification code received on your phone. The verification code is valid for 30 minutes. Please fill it out in time, and click "Submit" after filling it out.

4. After the account is created, click [Go to Authentication]

5. Here, you can see the corresponding verification type: country/region of document issuance, taking photos of the front and back of the government-issued ID card. Limits vary from country to country. Click the [Document Issuing Country/Region] button to select your country or region of residence.

6. Click [Transaction] in the upper navigation bar - [Spot Trading]

7. Search for the currency abbreviation [BNB] and select the [BNB/USDT] trading pair

8. Fill in the buying quantity and click [Buy BNB]. Fill in the selling quantity and click [Sell BNB] to complete the BNB currency transaction.

All the above is the answer to the question of whether Binance is available in China now. China’s cryptocurrency regulatory policies may change based on time and changes in government policies. If you are a resident of China and considering using a cryptocurrency trading platform, we recommend that you understand and abide by local laws and regulations, carefully select a trading platform, and abide by the platform's usage policy. Additionally, stay tuned for the latest regulatory developments and government announcements, as policies may change.

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