With the booming development of the cryptocurrency market, the demand for virtual currency trading platforms among Chinese users is growing. Although domestic regulations are strict to protect investors and discourage inexperienced individuals from investing, interested investors can still access top global trading platforms. Here are the latest rankings of the top ten virtual currency trading platforms in China for 2025, based on key indicators such as asset scale, number of trading pairs, daily trading volume, and user experience, giving you a glimpse of the industry's peak players!
1. OKX or Alternative Link#
- Asset Scale: $17.1 billion (slightly increased from 2024, reflecting market expansion)
- Number of Trading Pairs: 620 (added 25, covering more emerging coins)
- 24-Hour Trading Volume: $16.05 billion (benefiting from global user growth)
- Highlights: OKX is operated by OKEX Technology Company Limited and received early angel investment led by Tim Draper. This legendary investor has previously bet on Hotmail, Baidu, and Tesla, showcasing his keen insight. In 2025, OKX firmly sits at the forefront of global trading platforms with various services including spot, contracts, and DeFi, especially performing strongly in the Asian market.
2. Binance#
- Asset Scale: $12.85 billion (continuously growing, consolidating its leading position)
- Number of Trading Pairs: 780 (added 38, closely following market trends)
- 24-Hour Trading Volume: $19.025 billion (trading volume hitting new highs)
- Highlights: Founded by Changpeng Zhao (CZ), Binance remains the "behemoth" of global cryptocurrency trading in 2025. Despite facing regulatory scrutiny, Binance attracts over 150 million users with top-notch technology and user experience. Domestic users need to register via email and use a VPN, but it remains the preferred platform.
3. Bitget#
- Asset Scale: $60 million (rapid growth, noticeable capital inflow)
- Number of Trading Pairs: 740 (added 24, focusing on niche potential coins)
- 24-Hour Trading Volume: $12.08 billion (copy trading driving significant volume increase)
- Highlights: Established in 2018, Bitget is known for its "one-click copy trading" and "zero-fee spot trading." By 2025, its user base surpassed 25 million, covering 120 countries. The platform's low entry barriers and high liquidity are favored by newcomers, while its professional contract trading attracts seasoned players.
4. Bybit#
- Asset Scale: $210 million (steady increase, supported by institutional funds)
- Number of Trading Pairs: 550 (corrected data reflecting real growth)
- 24-Hour Trading Volume: $1.59 billion (derivatives trading performing outstandingly)
- Highlights: Founded in 2018 in the British Virgin Islands, Bybit has become synonymous with derivatives trading by 2025. Its services cover over 200 countries, and its user-friendly interface and top liquidity attract both retail and institutional investors. After security upgrades, user trust has reached new heights. Currently, it has temporarily opened registration for mainland users, hurry!
5. Huobi#
- Asset Scale: $4.52 billion (asset growth driven by ecosystem expansion)
- Number of Trading Pairs: 780 (added 27, closely following Binance)
- 24-Hour Trading Volume: $31.075 billion (returning to peak, globally leading)
- Highlights: Since its establishment in 2013, Huobi has weathered storms and remains resilient. After setting a daily trading volume record of 260,000 BTC in 2014, Huobi underwent a comprehensive upgrade in 2025, supporting not only mainstream coins but also launching NFT and metaverse-related services, becoming a "veteran player" in the hearts of Chinese users.
6. Gate.io#
- Asset Scale: $250 million (steady growth, enhanced security)
- Number of Trading Pairs: 480 (added 22, focusing on niche markets)
- 24-Hour Trading Volume: $130 million (stable development, promising potential)
- Highlights: Gate.io, rebranded as "Sesame Open Door" in 2020, serves over 150 countries by 2025, with user numbers exceeding ten million. The platform is known for its technical stability and security, and the newly added IEO (Initial Exchange Offering) feature provides users with more investment opportunities.
7. MXC#
- Asset Scale: $55 million (slight increase in capital scale)
- Number of Trading Pairs: 440 (added 22, optimizing trading ecosystem)
- 24-Hour Trading Volume: $410 million (steady growth, active community)
- Highlights: MXC, developed by a Wall Street quantitative team, continues to delve into the decentralized trading ecosystem in 2025. Its smart contract trading and low fee design attract a large number of tech-savvy users. The platform's community governance model also enhances user participation.
8. BackPack#
- Asset Scale: $30 million (emerging platform, rising rapidly)
- Number of Trading Pairs: 350 (focusing on Solana ecosystem coins)
- 24-Hour Trading Volume: $285 million (high growth potential)
- Highlights: BackPack is the dark horse of 2025, focusing on trading within the Solana blockchain ecosystem. The platform features a simple interface, supports NFT and DeFi integration, and is favored by young users. Its deep collaboration with the Solana community has driven rapid increases in trading volume.
9. EdgeX#
- Asset Scale: $25 million (new platform, accumulating funds)
- Number of Trading Pairs: 300 (focusing on emerging markets)
- 24-Hour Trading Volume: $195 million (strong growth momentum)
- Highlights: As a new platform in 2025, EdgeX stands out with AI-driven trading analysis tools and low-latency systems. The platform emphasizes the "edge computing" concept, optimizing trading speed and attracting a large number of high-frequency traders, becoming a new star in the industry.
10. KuCoin#
- Asset Scale: $20 million (stable development, slight increase in funds)
- Number of Trading Pairs: 470 (added 21, enriching choices)
- 24-Hour Trading Volume: $250 million (increased user stickiness)
- Highlights: Since its establishment in 2017, KuCoin has positioned itself as a "universal trading platform," serving over 220 countries by 2025, with user numbers exceeding 30 million. The $20 million investment from IDG Capital in 2018 has further solidified its globalization efforts. Contract and lending services are its core competitive advantages.
The competition in the Chinese virtual currency trading platform market in 2025 is fierce, with OKX and Binance leading due to their scale and technological advantages, while Bitget and Bybit closely follow with innovative services.
Veteran platforms like Huobi are rejuvenating, while newcomers like BackPack and EdgeX bring surprises. It is advised that newcomers avoid unknown and dubious exchanges, as they can easily fall victim to fund theft.
In 2025, which platform do you favor more? Feel free to leave a comment and share your choice!
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