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How to Legally Purchase Bitcoin in Mainland China? Complete Process for Depositing, Placing Orders, and Withdrawing on Binance Exchange

#交易所#币安#币安交易所0
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Buying Bitcoin in mainland China is straightforward by following a clear process using Binance's domestic mirror site and official app. Here’s a step-by-step guide: 1. **Access Binance**: Use the provided domestic links to ensure you reach the official Binance site and download the app safely. 2. **Register and Verify**: Create an account by entering your phone number or email and setting a password. Complete KYC by uploading your ID and a selfie for account security. 3. **Deposit Funds**: After verification, fund your account through various methods like bank transfers, third-party payments (e.g., Alipay, WeChat), or OTC trading. 4. **Buy Bitcoin**: Once funded, use the trading platform to purchase Bitcoin, preferably through spot trading. You can choose market or limit orders based on your preference. 5. **Withdraw Bitcoin**: To transfer Bitcoin to a personal wallet, access the wallet section, select Bitcoin, enter the recipient address, specify the amount, and complete the security verification. 6. **Safety Tips**: Always ensure you're using the official Binance links, enable two-factor authentication, and double-check withdrawal addresses to avoid losses. In summary, mainland users can legally and safely buy Bitcoin by following these steps, focusing on security and compliance throughout the process.

Buying Bitcoin in mainland China is not that complicated. As long as you follow the process and use Binance's domestic mirror and official app, you can easily get started. The following steps are clear and easy to understand, helping you complete all operations from depositing to withdrawing step by step.

Binance

Navigation: OKX, Binance, HTX, Gate, Bitget, Bybit

1. Access Binance's domestic official website mirror and download the official app#

Make sure to access Binance's official website without issues. Users in mainland China can directly visit the Binance domestic domain navigation provided by Navigation, which has the latest and most stable links to Binance's domestic mirrors to avoid access difficulties.

When opening an account and trading, it is recommended to use the official Binance app. Users in mainland China can safely download it through the Binance app domestic download link. The official app has a user-friendly interface, smooth operation, and is more convenient for managing funds and trading.

2. Register and complete real-name verification#

After opening the Binance official website or app, first register an account. The registration process is very simple; just fill in your phone number or email address and set a password.

After completing the registration, you must undergo real-name verification (KYC). You need to upload photos of your ID card (front and back) and a selfie to pass the review. Real-name verification is a legal requirement to ensure account security and facilitate subsequent legal buying and selling of Bitcoin.

3. Account deposit - supports multiple deposit channels#

Once real-name verification is passed, you can recharge your account. Binance supports various deposit methods for the convenience of domestic users:

  • Bank transfer (supports some banks)
  • Third-party payment (compliant channels such as Alipay and WeChat Pay)
  • Over-the-counter (OTC) trading: You can buy and sell directly with other users through Binance's OTC market, supporting RMB transactions with lower fees.

Using Binance's official OTC feature is very convenient; simply select to buy Bitcoin in the OTC trading section of the app, choose a seller and amount, and follow the prompts to complete the payment.

4. How to place an order to buy Bitcoin#

After successfully depositing into your account, enter the Binance trading platform to buy coins. Binance offers various trading modes, and it is recommended for beginners to use "spot trading":

  1. Find the BTC/USDT or BTC/CNY trading pair.
  2. Enter the quantity or amount you want to buy.
  3. Choose "Market Order" to execute at the current market price, which is simple and quick.
  4. You can also use "Limit Order" to set a custom price, suitable for users observing the market.

After submitting the order, the system will automatically match the sell orders, and the Bitcoin you buy will be credited quickly.

5. Withdrawal operation - transferring Bitcoin to a personal wallet#

After buying Bitcoin, if you want to transfer it to your hardware wallet or another address, the withdrawal steps are as follows:

  1. Log in to Binance, go to the "Wallet" page, and select "Spot Wallet."
  2. Find Bitcoin (BTC) in the currency list and click "Withdraw."
  3. Enter the receiving address (ensure the address is correct, or the assets will be lost).
  4. Fill in the withdrawal amount.
  5. Complete the verification code and two-step verification as prompted.
  6. After submission, wait for the blockchain network confirmation.

The withdrawal speed depends on the network congestion status, generally taking a few minutes to over ten minutes. Binance's fees are transparent, so you don't have to worry about hidden costs.

6. Safety reminders and precautions#

When purchasing Bitcoin, always remain vigilant and remember the following points:

  • Confirm that you are accessing the Binance domestic domain navigation to avoid counterfeit websites.
  • Use the official app from the Binance app domestic download link to prevent malware risks.
  • Improve account security settings, enable two-factor authentication, and freeze any unusual operations promptly.
  • Confirm the address before withdrawal, especially to avoid input errors, as lost funds cannot be recovered.
  • Comply with local regulations and keep transaction records for future reference.

The key to buying coins domestically is safety and legal channels. The domain names and app download links provided by Navigation are all officially authorized, ensuring that you can operate smoothly without worrying about login issues or fund security.

Summary#

For users in mainland China who want to legally purchase Bitcoin, following the process is not difficult. By utilizing the Binance domestic address and official app provided by Navigation, you can first register and complete real-name verification, with flexible and diverse deposit options, and quick and convenient trading. Finally, withdrawing to a personal wallet is also simple and secure. The key throughout the process is integrity and compliance, primarily using official channels to avoid risks. Take each step carefully, and your digital assets will be yours.

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