As the cryptocurrency market thrives, the demand for virtual currency trading platforms among Chinese users continues to rise. Despite strict domestic regulatory policies aimed at protecting investors' rights and discouraging inexperienced newcomers, 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 core indicators such as asset size, number of trading pairs, daily trading volume, and user experience, revealing the industry leaders!
1. OKX or Alternative Link#
- Asset Size: $17.1 billion (slight increase compared to 2024, reflecting market expansion)
- Number of Trading Pairs: 620 (25 new, covering more emerging coins)
- 24-Hour Trading Volume: $16.05 billion (benefiting from an increase in global users)
- Highlights: OKX is operated by OKEX Technology Company Limited and received early angel investment led by Tim Draper. This legendary investor has successfully bet on Hotmail, Baidu, and Tesla, demonstrating keen insight. In 2025, OKX remains at the forefront of global trading platforms with diversified services such as spot, futures, and DeFi, especially excelling in the Asian market.
2. Binance#
- Asset Size: $12.85 billion (continuously growing, solidifying its leading position)
- Number of Trading Pairs: 780 (38 new, closely following market trends)
- 24-Hour Trading Volume: $19.025 billion (trading volume reaches new highs)
- Highlights: Founded by Changpeng Zhao (CZ), Binance remains a giant in global cryptocurrency trading in 2025. Despite facing regulatory pressures, Binance attracts over 150 million users with advanced technology and excellent user experience. Domestic users need to register via email and use a VPN, yet it remains the preferred platform.
3. Bitget#
- Asset Size: $60 million (rapid growth, significant capital inflow)
- Number of Trading Pairs: 740 (24 new, focusing on niche potential coins)
- 24-Hour Trading Volume: $12.08 billion (copy trading drives a surge in transactions)
- Highlights: Established in 2018, Bitget is known for its "one-click copy trading" and "zero-fee spot trading." In 2025, the number of users exceeds 25 million, covering 120 countries. The platform's low entry barrier and high liquidity are favored by newcomers, while professional contract trading attracts seasoned players.
4. Bybit#
- Asset Size: $210 million (steady increase, supported by institutional funds)
- Number of Trading Pairs: 550 (data correction reflects real growth)
- 24-Hour Trading Volume: $1.59 billion (derivatives trading performs excellently)
- Highlights: Founded in 2018 in the British Virgin Islands, Bybit has become synonymous with derivatives trading by 2025. Services cover over 200 countries, and its user-friendly interface and top-tier liquidity attract both retail and institutional investors. After security upgrades, user trust has further increased. Currently, registration for mainland users is temporarily open, so seize the opportunity!
5. Huobi#
- Asset Size: $4.52 billion (ecosystem expansion drives asset growth)
- Number of Trading Pairs: 780 (27 new, closely following Binance)
- 24-Hour Trading Volume: $31.075 billion (returning to peak, globally leading)
- Highlights: Since its establishment in 2013, Huobi has faced challenges but remains resilient. After setting a daily trading volume record of 260,000 BTC in 2014, it underwent a comprehensive upgrade in 2025, supporting mainstream coins and launching NFT and metaverse services, becoming a classic platform in the hearts of Chinese users.
6. Gate.io#
- Asset Size: $250 million (steady growth, enhanced security)
- Number of Trading Pairs: 480 (22 new, focusing on niche markets)
- 24-Hour Trading Volume: $130 million (stable development, considerable potential)
- Highlights: Gate.io, rebranded as "芝麻开门" in 2020, serves over 150 countries in 2025, with user numbers exceeding ten million. The platform is known for its technical stability and security, and the new IEO (Initial Exchange Offering) feature provides more investment opportunities.
7. MXC#
- Asset Size: $55 million (slight increase in capital size)
- Number of Trading Pairs: 440 (22 new, optimizing trading ecology)
- 24-Hour Trading Volume: $410 million (steady growth, active community)
- Highlights: MXC, developed by a Wall Street quantitative team, continues to deepen its decentralized trading ecology in 2025. Its smart contract trading and low-fee design attract tech-savvy users, while the community governance model enhances participation.
8. BackPack#
- Asset Size: $30 million (emerging platform, rapidly rising)
- Number of Trading Pairs: 350 (focusing on Solana ecosystem coins)
- 24-Hour Trading Volume: $285 million (high growth potential)
- Highlights: BackPack, an emerging dark horse in 2025, focuses on trading within the Solana blockchain ecosystem. The platform features a simple interface, supports NFT and DeFi integration, and is popular among younger users. Deep collaboration with the Solana community drives a surge in trading volume.
9. EdgeX#
- Asset Size: $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: EdgeX, a new platform in 2025, features AI-driven trading analysis tools and low-latency systems. It emphasizes the concept of "edge computing," optimizing trading speed and attracting high-frequency traders, becoming a new star in the industry.
10. KuCoin#
- Asset Size: $20 million (stable development, slight increase in funds)
- Number of Trading Pairs: 470 (21 new, 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 in 2025, with user numbers exceeding 30 million. In 2018, it received $20 million in funding from IDG Capital, accelerating its globalization process. Contract and lending services are its core competitive advantages.
The competition in the Chinese virtual currency trading platform market is fierce in 2025, with OKX and Binance leading due to their scale and technological advantages, while Bitget and Bybit closely follow with innovative services.
Established platforms like Huobi are rejuvenating, while newcomers like BackPack and EdgeX bring surprises. Newcomers are advised to avoid unknown exchanges to mitigate financial risks.
In 2025, which platform do you favor? Feel free to leave a comment and share your choice!
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