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Buying bitcoin in China: the honest picture

Let’s be straight: China banned exchange trading for residents in 2021, and the mainstream platforms comply — no Coinbase, no Strike, no Cash App. What remains is a gray zone. Kraken’s own exclusion list doesn’t name China, and the decentralized peer-to-peer tools below have no company to do the excluding — but using any of them from the mainland may put you on the wrong side of local rules. This page reports what the platforms themselves say; whether to act on it is a legal question we can’t answer for you.

Apps & exchanges serving China Updated July 2026

All of these ask for ID — that’s the regulation talking, not the company. The “Checked” date on each card is when we last verified it.

Kraken 190+ countries

A veteran exchange, running since 2011, serving 190+ countries and every US state except New York and Maine. Instant Buy costs ~1.5%, but the same account unlocks Kraken Pro at 0.25–0.4% — and Lightning withdrawals are free.

Why it’s here: The cheapest all-in route on this list, if you're willing to learn a real exchange screen.

Local note: China isn't on Kraken's own exclusion list — but Chinese rules ban exchange trading for residents; the legal risk is yours

Fees: 0.25–0.4% on Pro Withdraw: Lightning free + on-chain Checked Jul 2026 Visit

Buy without ID in China

Private, but not beginner-easy: you’re trading with another person, prices run above market (a couple percent on some venues, 10%+ on others), and support is a forum, not a help desk. Start with the list above unless privacy is the point.

Hodl Hodl Worldwide, except US

A P2P marketplace running since 2018: no ID at any trade size, every trade locked in 2-of-3 multisig escrow where you hold one of the keys. Works from any browser — though its terms bar US residents since 2026.

Why it’s here: No ID at any amount — and holding an escrow key means the trade can't move without you.

Fees: up to 1.5% Escrow: 2-of-3 multisig Checked Jul 2026 Visit
Bisq Worldwide

The decentralized old-timer: software that trades over Tor with no company behind it at all. The newer Bisq Easy mode is far friendlier, but sellers there charge a real premium — often 10% or more — as the price of its reputation-based security.

Why it’s here: The most censorship-resistant way to buy there is — you pay for that in the premium, not in fees.

Runs on: desktop app / Tor Catch: seller premiums on Easy Checked Jul 2026 Visit
RoboSats Worldwide

An entirely Lightning-based P2P exchange reached over Tor. Fees are tiny and trades settle in minutes — but you'll need a Lightning wallet and the Tor browser before you can start.

Why it’s here: For the already-comfortable: the cheapest private sats on the internet.

Fees: ~0.2% Needs: Tor + Lightning wallet Checked Jul 2026 Visit

Not available in China

Strike, Cash App, Robinhood, Coinbase, Gemini, River, SoFi Crypto, Relai, Bull Bitcoin, Uphold, Peach Bitcoin.

Availability is set by regulators and each platform’s own terms, not by us — there’s no trick to unlock a platform that doesn’t operate here. We re-check this list regularly; the main guide walks through the four steps of a first purchase — ID checks, paying, and withdrawing to a wallet you control.

Buying bitcoin in China: FAQ

Can you buy bitcoin in China?

Not through a normal exchange — China banned exchange trading for residents in 2021, and mainstream platforms comply. Kraken's own exclusion list doesn't name China, and decentralized tools like Bisq and RoboSats have no operator to enforce a block — but using them from the mainland may violate local rules. That's a legal call we can't make for you.

Which exchanges are not available in China?

From our vetted list: Strike, Cash App, Robinhood, Coinbase, Gemini, River, SoFi Crypto, Relai, Bull Bitcoin, Uphold, Peach Bitcoin. Availability is set by regulators and each platform's own terms, so this changes over time — we re-check regularly and every card above carries the date it was last verified.

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