Can Mainland China Users Still Use Binance Normally?

A Question Many People Care About

"Can Binance still be used in China?" This is one of the most frequently asked questions from crypto newcomers. Since policy tightening, many people assume Binance is completely inaccessible. But the actual situation is more nuanced than most think.

This article objectively covers the current state of affairs, helping you understand the real picture for mainland China users.

Registration and Verification

Can You Register?

Currently, mainland China users can still register Binance accounts. Open the registration page through Binance official and use an email or phone number to complete registration.

Can You Complete KYC?

Yes. Binance accepts Chinese national ID cards for KYC verification. After verification, you unlock full trading and withdrawal functionality. The process is the same as for users in other regions — upload ID photos and complete facial recognition.

Deposits and Funding

Direct Bank Card Deposits

Binance doesn't support direct deposits from mainland Chinese bank cards (there's no banking channel to transfer RMB directly to a Binance account).

P2P Crypto Purchase

This is the mainstream funding method. Through Binance's P2P marketplace, you can buy USDT and other cryptocurrencies from other users, paying via bank card, Alipay, or WeChat. After receiving your RMB, the seller releases the corresponding crypto to your account.

The P2P market has strong liquidity with plenty of buyers and sellers, and the process is well-established.

On-Chain Deposits

If you already have cryptocurrency on other platforms or wallets, you can transfer directly to your Binance wallet address.

Trading Features

Spot Trading

Fully functional. Buying and selling BTC, ETH, USDT, and all other listed assets works without issues.

Futures Trading

Available. Both USDT-margined and coin-margined futures are open to Chinese users. However, futures trading carries high risk and isn't recommended for beginners.

Earn Products

Binance Earn's flexible savings, locked savings, Launchpool, and other products are all accessible.

Withdrawals and Cashing Out

P2P Sell for Cash Out

This is the primary withdrawal method. Sell USDT on the P2P market and the buyer transfers RMB to your bank card. It's the reverse of the deposit process.

On-Chain Withdrawals

You can normally withdraw crypto to other wallet or exchange addresses.

Network Environment Considerations

Accessing the Binance Website

Binance's domain may sometimes be blocked, meaning the URL might not open directly in a browser. You may need certain network tools to ensure normal access.

App Download

The Binance App typically can't be found in domestic app stores. Android users can get the installation package via Binance official. iOS users may need an overseas Apple ID to download from a foreign App Store.

Network Stability During Use

When using the Binance App for trading, ensure a stable network connection. Network interruptions during critical operations like order placement or verification may cause failures or data loss.

Legal Risk Considerations

Policy Status

Mainland China's policy takes a discouraging stance toward crypto trading, prohibiting financial institutions and payment services from facilitating crypto transactions, as well as crypto mining. However, there are currently no explicit criminal penalties for individuals holding and trading cryptocurrency.

Risk for Regular Users

For ordinary individual users, normal buying and selling activity doesn't violate the law. However, involvement in money laundering, illegal currency exchange, or other illegal activities must be avoided. Receiving problematic funds through P2P withdrawals that lead to bank card freezes is a relatively common risk.

Recommendations

Understand and comply with local laws and regulations. Don't participate in any illegal activities. Keep your trading reasonable and legitimate, and maintain complete transaction records.

What Has Changed Compared to Before

Slightly Higher Funding Barrier

The convenience of direct bank card deposits is gone. Now funding is only possible through P2P, adding an extra step.

Network Access Requires Extra Steps

Previously you could directly access the website and download the App. Now some additional network configuration may be needed.

Core Functionality Is Unaffected

While the entry points are less convenient, once on the platform, all trading features — spot, futures, earn, P2P — work normally.

Summary

Mainland China users can still access Binance's core functionality, though adjustments are needed for access methods and deposit/withdrawal channels. Registration, verification, trading, and fund movement all have viable solutions.

If you're a new user, registering through Binance official is the first step. Download the App, complete verification, fund via P2P, and you can begin your crypto trading journey. There's a learning curve, but once you've gone through it, subsequent operations are very smooth.