In today's digital age, with the booming cryptocurrency market, digital currency trading apps have become an important channel for investors to make profits. However, with the emergence of numerous digital currency trading apps, how to choose a regular domestic digital currency trading app has become the focus of investors. This article will explore in depth the characteristics, selection methods and potential risks of regular domestic digital currency trading apps to help readers better understand this field.

Characteristics of digital currency trading apps

Regular domestic digital currency trading apps should have a series of characteristics, such as safety and reliability, convenient transactions, reasonable handling fees, and good user experience. Taking well-known exchanges such as Huobi and Binance as examples, they use multiple encryption technologies to ensure the security of user assets, while providing 24-hour uninterrupted customer service to provide users with all-round support. These regular trading apps are also usually subject to supervision, compliance operations, and protection of user rights.

Methods for selecting regular domestic digital currency trading apps

When choosing a regular domestic digital currency exchange

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
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.

While many cryptocurrencies have solid support, excellent teams, and use cases to solve, some (cryptocurrencies) are created using coding. This has sparked speculation among buyers and traders about the authenticity of the cryptocurrencies. Cryptocurrencies are created for a purpose, but the exchange of tokens can only be done on exchanges and wallets. Leading exchanges combine the best exchanges and wallets to allow traders to speculate on the price of crypto tokens. This has led to a huge boom in the ecosystem, with the number of cryptocurrencies more than doubling in the past three years. Investors want to know what are the regular domestic digital currency trading apps? Let the editor of the currency circle introduce them to you.

 What are the regular domestic digital currency trading apps?

1.

Binance () is an international leading blockchain digital asset international station, providing a wide range of digital currency transactions, blockchain education, blockchain project incubation, blockchain asset issuance platform, blockchain research institute, and blockchain public welfare and charity services to the world. Currently, users cover more than 180 countries and regions around the world. With 1.4 million orders/second core memory matching technology, it is one of the fastest cryptocurrency trading platforms in the world and one of the largest cryptocurrency trading platforms in the world.

2. OKX

OKX () is a world-leading digital asset service platform, providing global users with coin-to-coin and derivative trading services for multiple digital assets such as Bitcoin (BTC), Ethereum (ETH), USDT, Shiba
Inu (SHIB), etc., and managing investment digital assets conveniently and quickly. Since its establishment, OKX has created the world's leading Crypto trading system such as unified trading accounts, launched MetaX, and provided multi-chain none-custody wallets, OKX NFT market, DEX, Dapps and other products.

3. Coinbase

Coinbase is a company based in San Francisco. It is the first cryptocurrency company in the United States to obtain an investment market value of US$1 billion and the first company to bring in US$1 billion in annual revenue. At the end of October 2018, it was approved by the New York State Department of Financial Services to become a qualified custodian of cryptocurrencies. In November of the same year, it also opened an over-the-counter trading counter (OTC) for Coinbase Prime customers (financial institutions that want to trade with commercial funds). In October 2018, it announced an additional investment of US$300 million at a valuation of more than US$8 billion, hoping to accelerate the use of cryptocurrencies and digital assets.

4.

Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investment opportunities. It currently provides more than 40 types of digital asset trading and investment services. It is headquartered in Singapore and operated by the Huobi Global Professional Station team. Huobi Group is a digital asset comprehensive service provider with global competitiveness and influence, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions.

5. Bitfinex

Bitfinex is one of the largest and most advanced Bitcoin international stations in the world, supporting the trading of virtual currencies such as Ethereum, Bitcoin, Litecoin, Ethereum Classic, etc., with a daily trading volume of more than 3 billion yuan. It provides currency-to-currency trading and US dollar-to-currency trading. Registration is very simple. In 2016, about 120,000 Bitcoins were stolen from Bitfinex through social media. Affected by this incident, the price of Bitcoin fell by 20% at that time.

6. BitMEX

BitMEX was established in the Republic of Seychelles and is the most advanced international Bitcoin derivatives station. It provides up to 100 times leverage for Bitcoin products, and also provides high leverage for other digital currency products. BitMEX adopts the latest multi-factor security mechanism from the inside out, with high security performance. BitMEX also offers a variety of contract types. All contracts are purchased and paid with Bitcoin.

7. Kraken

Kraken is one of the oldest crypto exchanges. It was established in 2011, but it was launched in 2013 after two years of development and testing. Initially, this exchange only provided transactions between Bitcoin, Litecoin and Euro, and finally added other currencies and margin trading, and positioned itself as professional.

8.KuCoin

KuCoin is a very popular virtual currency platform in the world. It was founded in 2017 and supports multiple virtual currencies. It provides currency, fiat currency and contract transactions for 5 million users in 207 countries and regions around the world. It also provides a multi-language customer service team and supports simplified and traditional Chinese.

9.MEXC

MEXC has successfully created a one-stop trading service for digital assets, which can provide users with trading services including spot, leverage, ETF and contract at the same time. In terms of security, MEXC has formed a top technical team in the industry and has carried out in-depth cooperation with many top security institutions in the industry to ensure the security of user assets.

10.Gate.io

Gate.io Exchange was founded in 2013. Its initial name was "Biter" and it was later renamed Gate.io. The feature of this exchange is that there are quite a large number of tradable currencies (according to Coinmarketcap data, there are 1212 currencies), and the platform has many trading functions, providing 10x leverage trading, regular investment plans, IEO, perpetual contracts... Many people will use it to trade derivatives, and it also has advantages in this regard, because the maker (Maker) only costs -0.025% and the taker (Taker) costs 0.03%, which is quite cheap.

The above content is the detailed explanation of the editor of the currency circle on the question of what are the formal digital currency trading apps in China. Due to the rise in cryptocurrency prices, clear regulations, and the spread of awareness of the cryptocurrency industry through digital and social media channels, cryptocurrencies have increasingly attracted many people and people have begun to participate in transactions. Trading volume has grown exponentially between 2020 and 2021. In 2021, centralized cryptocurrency exchanges reported an annual spot trading volume worth $14.7 trillion, an increase of 689% from 2020 (2020 was $1.8 trillion). Monthly spot trading volumes peaked in May 2021 at $2.23 trillion.