Overview of the Domestic Cryptocurrency Trading Environment
Since 2017, the Chinese government has gradually strengthened its regulation of cryptocurrency trading, and all centralized cryptocurrency exchanges in the country have been closed. However, it is not illegal for individuals to hold cryptocurrency assets, and many Chinese users continue to participate in the market through peer-to-peer (c2c), over-the-counter (OTC) trading, and stablecoins like USDT.
Mainstream Trading Platform Choices
In the current regulatory environment, choosing the right trading platform is crucial. Below is a brief comparison of mainstream platforms in 2025:
| Platform Name | Main Advantages | Suitable Audience |
|---|---|---|
| ZhiMa Exchange | High security, supports various digital asset trading pairs | Users focused on security |
| OKX | Convenient fiat trading, beginner-friendly | Users new to digital currencies |
| Binance | Rich trading pairs, largest exchange globally | Professional traders |
| Bitget | Unique copy trading system | Learning-oriented users |
Detailed Account Registration Process for ZhiMa Exchange
ZhiMa Exchange is a highly regarded digital currency trading platform known for its security, efficiency, and user-friendly services. Registering an account only requires a few simple steps:
- Visit the official website: Open the ZhiMa Exchange official website and click the "Register" button in the upper right corner.
- Fill in the information: Enter your email address, set a password, and select your country/region.
- Complete verification: Receive and enter the verification code sent to your email to complete email verification.
- Set security information: To enhance account security, it is recommended to set a fund password and bind your mobile number.
- Complete registration: Click the "Register" button to complete your ZhiMa Exchange account registration.
Specific Steps to Buy Bitcoin on ZhiMa Exchange
After successfully registering your account, you can follow the steps below to purchase Bitcoin and other digital currencies on ZhiMa Exchange:
- Account recharge: After logging in, recharge your internal wallet in the exchange. You can use fiat currency or other digital currencies for recharging.
- Choose trading pairs: In the trading market, find the trading pair corresponding to the digital currency you want to purchase. For example, to buy Bitcoin, select the BTC/USDT trading pair.
- Place an order: Enter the purchase quantity and price, then submit the purchase order. Please note that the purchase price should be reasonably set according to market conditions.
- Wait for transaction completion: After confirming the purchase order, wait for the exchange to complete the order matching. Once matched successfully, you will own the corresponding digital assets.
- Asset withdrawal: If you wish to transfer digital currencies to your personal wallet, you can choose to withdraw. When withdrawing, you need to provide the correct wallet address and complete security verification.
Transaction Security and Risk Control
When engaging in digital currency trading, security measures are essential:
- Cold wallet storage: ZhiMa Exchange stores the vast majority of user assets in offline cold wallets to maximize fund security.
- SSL encryption technology: The website uses SSL encryption technology to protect user data and transaction information.
- Anti-phishing measures: Set up a "phishing code" to identify the authenticity of official emails.
- Withdrawal whitelist: Restrict assets to be withdrawn only to pre-verified addresses to enhance withdrawal security.
Special Considerations for Chinese Users
Given the unique regulatory environment in China, users need to pay attention to the following points:
- Payment methods: In c2c trading, payment methods typically support Alipay, WeChat Pay, and bank transfers.
- Amount limits: It is recommended to start with a purchase amount between 100-500 yuan and gradually increase after familiarizing yourself with the trading process.
- Risk awareness: Digital currency investments carry market risks; please participate rationally based on your risk tolerance.
More Trading Platform Choices
In addition to ZhiMa Exchange, there are several other reliable digital currency trading platforms available:
- OKX: Suitable for beginner users, supports direct purchases via WeChat and Alipay, easy to operate.
- Binance: Leading in global trading volume, comprehensive trading varieties, excellent depth.
- Bitget: Unique copy trading system, suitable for users who want to learn trading.
CoinEasy Navigation serves as a professional digital asset service platform, providing domestic users with secure and stable direct connection channels to exchanges. Through CoinEasy Navigation, you can access various mainstream exchanges with one click, and each link has been manually reviewed to ensure safety and reliability. It is recommended to bookmark CoinEasy Navigation for quick access when needed, saving time and effort.
Risk Warning: Digital asset trading carries high risks and may result in loss of principal. Please invest cautiously based on your risk tolerance and do not invest funds that you cannot afford to lose.