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Is trading Bitcoin illegal in foreign countries? (Which platforms are used for Bitcoin trading abroad?)

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Is trading Bitcoin illegal in foreign countries? Bitcoin trading is a way of leg

Is trading Bitcoin illegal in foreign countries? (Which platforms are used for Bitcoin trading abroad?)

Is trading Bitcoin illegal in foreign countries? Bitcoin trading is a way of legitimizing and exchanging value through virtual currency. It is a method of conducting transactions without bank accounts or real names. However, through blockchain technology, peer-to-peer conversion and instant settlement can be achieved. Therefore, foreign investors can purchase cryptocurrencies such as Bitcoin without using bank cards or Alipay and obtain high returns, without the need for assistance from third-party intermediaries. Therefore, it is recommended to immediately withdraw the purchased coins and transfer them to the designated platform for trading. This is done to avoid overseas financial regulatory risks and enhance fund security. (Sina Finance)

Which platforms are used for Bitcoin trading abroad?

Bitcoin trading volume tripled in 2020, but currently, large-scale trading platforms represented by Binance and Huobi have occupied the mainstream exchanges.

Which foreign websites support Bitcoin?

In China, there are several types of trading services available:

1. Binance: Real-time settlement of BTC and ETH through its subsidiary Binance Wallet.

2. Huobi: Instant transfer of fiat currency to Bitcoin (including USD).

3. Coinbase: Allows users to buy and sell cryptocurrencies with no fees charged.

4. Bitfinex: Supports automatic conversion between Ethereum and USDT.

5. OKEx: Supports automatic conversion between Litecoin and Bitcoin Cash.

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