If you want to buy Bitcoin (BTC) in China, Binance is currently one of the most commonly used platforms. The process is not complicated, but it involves account registration, real-name verification, fund recharge, and buying coins, and each step cannot be overlooked. Here’s a clear guide to help you follow the steps and easily purchase BTC.
Navigation Guide: OKX, Binance, Huobi HTX, Gate, Bitget, Bybit
1. Access the Domestic Version of Binance#
To smoothly use Binance, domestic users must first access the official domestic mirror site to avoid difficulties in finding the login entrance or downloading the official APP. It is recommended to use the Binance domestic domain navigation on the 【 Navigation Guide 】: 【 Binance Domestic Domain Navigation 】 which can directly redirect to the Binance mirror official website. This navigation also links to the 【 Binance APP Domestic Download Link 】, making it convenient to download the latest version of the APP to ensure functionality and security.
2. Register an Account and Complete Real-name Verification#
Directly open the domestic mirror version of the Binance official website or APP, click "Register," fill in your phone number or email, and set a password. It is recommended that the phone number and email used are ones you frequently access, to facilitate receiving verification codes and security checks.
After completing the registration, real-name verification is an essential step. Domestic buyers need to submit identity information (such as ID card or passport) and a personal photo. Binance will review the uploaded materials, usually completed within 1 to 3 working days. Once the real-name verification is passed, the trading permissions of the account will be greatly enhanced, and the withdrawal limit and coin purchase limit will also be larger.
3. Bind Payment Method and Fund Recharge#
After passing real-name verification, you can bind a bank card or third-party payment tool. Although Binance primarily promotes cryptocurrency recharge, for domestic users, stable C2C (over-the-counter) or OTC trading functions are more practical.
In the Binance OTC area, you can choose "Buy Coins with RMB," select a supported payment method (such as Alipay, WeChat, etc.), and complete the bank transfer or scan the payment code according to the seller's information. After the buyer successfully makes the payment, the seller confirms receipt, and the Binance platform will transfer the BTC to your Binance account.
You can also recharge funds directly into your Binance account, but most new users prefer to buy coins through OTC because it does not directly expose the risks of bank card operations and the process is more flexible.
4. Buy Bitcoin (BTC) through the Binance Platform#
If you have RMB or USDT in your account, you can directly buy BTC in the Binance spot trading area. The specific operation steps are:
- Log in to your Binance account and enter the "Spot Trading" section.
- Select the trading pair "BTC/USDT" or "BTC/CNY" (if available).
- Enter the purchase amount, and the system will display the price based on the current market conditions. Confirm that it is correct and click "Buy."
- After the transaction, BTC will be displayed in your Binance account.
The buying price may be more favorable compared to the OTC market, suitable for users who want to hold coins long-term or engage in short-term operations. OTC mainly provides convenience for those unfamiliar with cryptocurrency trading, with slightly higher prices but safer and faster transactions.
5. Safe Withdrawal and Asset Management#
The purchased BTC can be kept in the Binance wallet or transferred to another wallet. When you need to withdraw:
- In the "Wallet," select "Spot Wallet" and click withdraw.
- Enter the BTC address and amount you want to transfer (the address must be accurate, otherwise the assets will be lost).
- Confirm the withdrawal through secondary verification.
Pay attention to the miner's fee and the time it takes to arrive. The speed of Bitcoin transfers is affected by network conditions, usually arriving within 10 to 30 minutes. If the amount is large, it is recommended to first test a small withdrawal to confirm accuracy before proceeding.
6. Common Questions and Precautions#
- Safety First: Be sure to enable two-step verification on Binance (Google Authenticator/SMS verification code) to ensure account security.
- Fund Safety: Do not easily disclose login information, and be cautious when operating third-party payment transfers to avoid scams.
- Price Volatility: Bitcoin prices often fluctuate significantly, so plan rationally when buying to avoid chasing highs and selling lows.
- Real-name Verification is Essential: Without real-name verification, the coin purchase limit will be very low, which is not conducive to large transactions.
Summary#
For domestic buyers purchasing BTC through Binance, the key is to use the domestic mirror and official APP. The 【 Navigation Guide 】 provides the 【 Binance Domestic Domain Navigation 】 and 【 Binance APP Domestic Download Link 】 which are worth bookmarking. Registering an account and completing real-name verification are fundamental processes. After binding a payment method, you can conveniently use OTC to buy coins or participate in spot trading. After completing the purchase, manage your assets and withdrawals wisely, with safety as the top priority. Although the process may seem complex, as long as you follow the steps, you can successfully complete the entire process of purchasing BTC domestically. Staying calm and rational is key to long-term profitability in cryptocurrency investment.