The virtual currency market has grown exponentially, with numerous trading platforms emerging globally. In China, several exchanges have gained prominence due to their security, liquidity, and user-friendly interfaces. Below is a curated list of the top 10 virtual currency trading platforms based on historical data from Feixiaohao and market reputation.
1. China Bitcoin (BTCC)
Overview:
Operated by Beijing Shixingbao E-Commerce Co., Ltd., China Bitcoin was established in 2013. It offers trading services for Bitcoin, Ethereum, Litecoin, and Ethereum Classic, prioritizing security and reliability for global users.
2. OKCoin
Overview:
Founded in 2013 by Xu Mingxing (former CTO of Douding), OKCoin specializes in RMB-to-crypto transactions, including Bitcoin, Litecoin, and Ethereum. It ranks among China’s most liquid platforms.
👉 Explore OKCoin’s trading features
3. Huobi
Overview:
Huobi, launched by Beijing Huobi Tianxia Network Technology, is a global digital asset exchange. Its team comprises alumni from top universities like Tsinghua and Peking, with experience at Alibaba and Tencent.
4. Jubi
Overview:
Founded in 2014, Jubi gained traction during user migrations from rival platforms. Known for altcoin trading, its 24-hour volume once peaked at third globally.
5. Yunbi
Overview:
Backed by Li Xiaolai’s BitFund, Yunbi focuses on transparent blockchain asset trading. Its PEATIO-based platform attracted significant user activity during market surges.
6. BTCC
Overview:
China’s first Bitcoin exchange (2011), BTCC expanded to serve global users via a Hong Kong-based platform under founder Bobby Lee.
7. Binance
Overview:
Founded by ex-OKCoin executive Changpeng Zhao, Binance excels in blockchain asset trading despite early controversies. Its performance has solidified its top-tier status.
👉 Discover Binance’s advanced tools
8. BitTimes
Overview:
Launched in 2013, BitTimes integrates trading, news, and applications under Shenzhen BitTimes Technology, with a 10M RMB registered capital.
9. ZG
Overview:
ZG emphasizes security and user-centric services, aiming to lead in the digital economy era.
10. CHBTC
Overview:
Another offering from Beijing Shixingbao, CHBTC provides multi-crypto trading with a focus on Ethereum Classic and Litecoin.
FAQ Section
Q1: Which platform is best for beginners?
A: Huobi and OKCoin offer intuitive interfaces and robust customer support.
Q2: Are these platforms regulated?
A: While China restricts crypto trading, platforms like BTCC and Binance comply with international regulations.
Q3: How do I ensure account security?
A: Enable two-factor authentication (2FA) and avoid sharing API keys.
Q4: Can I trade altcoins on these exchanges?
A: Yes, Jubi and Binance support numerous altcoins.
Q5: What fees should I expect?
A: Typically 0.1%–0.2% per trade; check each platform’s fee structure.
Key Takeaways
- Liquidity Leaders: OKCoin, Huobi, and Binance top volume charts.
- Security Focus: BTCC and Yunbi emphasize transparent operations.
- Altcoin Hubs: Jubi and ZG cater to niche crypto traders.
For seamless trading, consider these platforms’ unique strengths and regional compliance.