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How to Legally Purchase Bitcoin in Mainland China? Detailed Process and Tips for Buying on Binance Exchange

#交易所#币安#币安交易所0
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Using external cryptocurrency platforms to buy Bitcoin can be restrictive. However, by utilizing accessible domestic Binance mirror sites and official app download channels, users can easily complete the purchasing process. This guide details how to safely and legally buy Bitcoin through Binance's domestic domain and app. ### Accessing Binance's Domestic Website To avoid restrictions when accessing Binance, use the domestic domain link (https://uri.icu/ba) for a stable and compliant experience. The site mirrors real-time data and trading functions, providing a user-friendly interface. ### Downloading the Binance Official App Downloading the official Binance app (https://uri.icu/baapp) is the safest method for mobile transactions, offering comprehensive features and real-time market updates. ### Registration and Identity Verification After registering, users must complete KYC (Know Your Customer) verification to ensure account security. This involves providing personal information and identification documents, with approval typically taking 1-3 business days. ### Funding and Purchasing Bitcoin Users can deposit funds via various methods, including bank transfers and digital wallets, and purchase Bitcoin directly using the BTC/CNY trading pair. The process includes selecting the amount, completing payment, and confirming the transaction. ### Buying Process Users can place limit or market orders to buy Bitcoin, with options to withdraw to a personal wallet or hold it in their Binance account. ### Tips for a Better Buying Experience - Monitor price fluctuations to choose optimal buying times. - Consider buying in smaller increments to reduce risk. - Use the app's features for price alerts. - Ensure account security with two-factor authentication. ### Conclusion With the provided resources, domestic users can navigate a straightforward and compliant process for buying Bitcoin on Binance, while emphasizing security and market awareness to enhance their trading experience.

Directly using external cryptocurrency platforms to buy and sell Bitcoin has many restrictions. By utilizing accessible Binance mirror sites and official APP download channels in the country, you can smoothly complete the coin purchase process. This article details how to safely and legally purchase Bitcoin through Binance's domestic domain and APP, using resources provided by Identification Navigation.

Bitcoin BTC

Identification Navigation: OKX, Binance, Huobi, Gate, Bitget, Bybit

Accessing the Official Website via Binance's Domestic Domain#

When accessing the Binance official website, directly entering the international domain often faces restrictions. Using the Binance domestic domain navigation (https://uri.icu/ba) allows quick access to the legitimate and compliant Binance domestic official website mirror, ensuring stable and unobstructed access.

This site synchronizes Binance's real-time data and trading features, with a clean interface and smooth operation, providing an almost identical trading environment to the international version. It also offers various localized services to make it easier for users to get started.

Operation Suggestions:#

  • Bookmark the Binance domestic domain navigation link in your browser for easier future access;
  • Confirm the website's security certificate to avoid phishing risks;
  • It can be used on both mobile and computer, with an adaptive interface for convenience.

Downloading the Official Binance APP#

Buying coins on mobile is becoming increasingly common, and downloading the official APP is the most reliable way. Compared to third-party software, the Binance APP is safer and more feature-rich. You can directly obtain the latest version of the APP through the Binance domestic download link (https://uri.icu/baapp), saving the trouble of searching in the app market and avoiding the risk of downloading counterfeit software.

In addition to buying coins, the APP also offers real-time market notifications, quick deposits and withdrawals, asset management, and other multifunctional services.

Download and Installation Tips:#

  • Download the installation file through the link to ensure you have the latest version;
  • Allow necessary permissions during installation to ensure normal use;
  • If you encounter system restrictions, adjust the security settings as prompted by your device.

Registering and Completing Identity Verification#

After registering a Binance account, you must complete identity verification (KYC) to purchase Bitcoin. This step affects fund security and account permissions and should not be overlooked.

  1. Fill in Basic Information: Required fields include name, phone number, email, etc.;
  2. Upload Identification Documents (photos of both sides of your ID) and a personal avatar;
  3. Wait for Review, which usually takes 1-3 business days.

Once identity verification is passed, you can proceed with RMB deposits and fiat transactions, ensuring transaction security and legality.

Depositing RMB to Purchase Bitcoin#

The Binance domestic homepage supports various deposit methods, including bank transfers, Alipay, WeChat, etc. Through the BTC/CNY trading pair in Binance's currency trading pairs, users can directly buy Bitcoin with RMB.

Deposit Steps:

  1. Select the "Fiat Deposit" menu and enter the amount;
  2. Complete the payment as prompted; funds typically arrive within a few minutes;
  3. Enter the cryptocurrency trading area and select the BTC trading pair to buy.

When depositing, be sure to verify the receiving account to avoid operational errors.

Detailed Buying Process#

The core of buying Bitcoin is completing a limit order transaction in the trading area:

  • Limit Buy: Set your own buying price and wait for sellers to complete the transaction, suitable for those seeking lower costs;
  • Market Buy: Complete the transaction at the current market price quickly, with a simple and fast operation.

After buying coins, you can directly withdraw them to your cold wallet or continue to hold them in your Binance account.

Tips to Enhance the Buying Experience#

  1. Monitor Price Fluctuations: Bitcoin prices are highly volatile; paying attention to market trends helps in selecting entry points.
  2. Buy in Batches to Reduce Risk: Buying all at once carries higher risks; spreading funds over multiple purchases smooths costs.
  3. Utilize Quick Functions in the Binance APP: Set price alerts within the APP for timely buying or selling.
  4. Maintain Account Security: Enable mobile verification and two-factor authentication (2FA) to protect funds from theft.

Summary Analysis#

Through the Binance domestic domain navigation and APP download links provided by Identification Navigation, domestic users have a stable, legal, and compliant entry point to buy and sell Bitcoin. The process is relatively simple, from accessing the official website for download, registration, and verification to depositing and buying coins, all can be done in one go. Mastering both limit and market trading methods, along with reasonable fund and timing planning, can reduce investment risks. Most importantly, maintaining account security and staying updated on market changes enhances the buying experience. This makes using Binance to purchase Bitcoin smoother and safer, while also ensuring compliance with current domestic internet environment requirements.

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