Buy Bitcoin in China

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CoinMamaCoinMama Buy Bitcoin Read Review

CoinMama is a global bitcoin broker. It allows customers to buy bitcoin with a credit card from nearly any country worldwide. It charges an ~8% fee on each purchase.

Pros
  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
Cons
  • Some of the highest fees among credit/debit card bitcoin brokers
Ease of use
Easy
Privacy
Low
Speed
Fast
Fees
High
Reputation
Average
Limits
High
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LocalBitcoinsLocalBitcoins Buy Bitcoin Read Review

LocalBitcoins is a peer-to-peer escrow service that helps match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit. Users, however, can create ads to buy or sell using the payment method of their choice. Buying bitcoins via an in-person meeting facilitated by LocalBitcoins can be one of the fastest and most private ways to buy bitcoins.

Pros
  • Can be private, fast and easy
  • In person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
Cons
  • Need to keep eye out for scams
  • Hard to buy large amounts of bitcoins compared to larger exchanges
Ease of use
Hard
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
Average
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OKCoinOKCoin Buy Bitcoin

OKCoin is the largest Bitcoin exchange in China. In terms of trading volume, it is the largest Bitcoin exchange in the world, but this is largely due to the fact that there are no trading fees. Customers can make deposits via bank transfer.

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HuobiHuobi Buy Bitcoin

Second largest Bitcoin exchange in China with no trading fees. Deposit via bank transfer.

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BTCCBTCC Buy Bitcoin

Bitcoin exchange in China with no trading fees. Deposit via bank transfer.

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LakeBTCLakeBTC Buy Bitcoin

LakeBTC is a Bitcoin exchange based in China. Customers can deposit via bank transfer or SEPA. LakeBTC is one of the top 15 global exchanges based average daily trading volume.

Ease of use
Hard
Privacy
Low
Speed
Average
Fees
Low
Reputation
Trusted
Limits
Average
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BtcTradeBtcTrade Buy Bitcoin

Bitcoin exchange in China. Fee varies. Trade in USD and CNY.

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GatecoinGatecoin Buy Bitcoin

Gatecoin is a regulated cryptocurrency and blockchain assets exchange based in Hong Kong. Users can buy bitcoin using HKD, EUR, USD and CNY.

Ease of use
Average
Privacy
Low
Speed
Varies
Fees
Vary
Reputation
Low Trust
Limits
Average
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YunbiYunbi Buy Bitcoin

Small Bitcoin exchange in China. Fee varies. Trade in CNY.

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247Exchange247Exchange Buy Bitcoin

Buy bitcoin with a credit card, SWIFT, SEPA, and many other payment methods.

Pros
  • Offers wide range of payment methods in many countries
Cons
  • Somewhat high fees for credit and debit card purchases
Ease of use
Average
Privacy
Low
Speed
Average
Fees
Average
Reputation
Average
Limits
Average
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CEX.ioCEX.io Buy Bitcoin Read Review

CEX.io lets you buy bitcoin with a credit card, ACH bank transfer, SEPA transfer, cash, and AstroPay. Purchases made with a credit card give you access to your bitcoin immediately. CEX.io works in the United States, Europe, and some countries in South America.

Pros
  • Support for many countries and has decent fees
Cons
  • Verification process is extensive; requires tons of information and takes a long time
Ease of use
Average
Privacy
Low
Speed
Average
Fees
Average
Reputation
Trusted
Limits
Average
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Coin ATM RadarCoin ATM Radar Buy Bitcoin

Coin ATM Radar is a Bitcoin ATM database that helps you locate Bitcoin ATMs in your area to buy bitcoins with cash. Bitcoin ATMs can be quick and easy ways to buy bitcoins and are also private. That convenience and privacy, however, comes with a price as most ATMs have fees of 5-10%.

Pros
  • Coin ATM Radar makes it super easy to find a Bitcoin ATM near you
Cons
  • Bitcoin ATMs often have 5-10% fees per purchase
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Purse.ioPurse.io Buy Bitcoin

With Purse.io you purchase bitcoin with a credit or debit card but not directly. Purse.io connects you with a buyer who wants to make a purchase on Amazon. You use your credit card or debit card to order items from the buyer's Amazon wish list. When the items have been delivered to the buyer, you are given bitcoin equivalent to the value of the items you ordered for the buyer. Purse.io is available in the United States, Canada, Japan, Brazil, France, Italy, Spain, China, and India.

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VirWoXVirWoX Buy Bitcoin Read Review

Technically, VirWoX isn't even a Bitcoin exchange. It mainly serves as a way for people to buy Second Life Lindens, a currency used in the virtual world Second Life. You can't buy Bitcoin with PayPal directly at VirWoX, but it's possible to first buy Second Life Lindens (SLL) and then trade your SLL for Bitcoin. This process works perfectly, but in the end will cost you about 10% in fees.

This workaround/hack has made VirWoX the easiest and most popular way to buy bitcoins with PayPal.

Pros
  • The easiest and basically only way to purchase bitcoins with PayPal or Skrill
Cons
  • Comes with a price: it will cost around 10% in fees to buy with PayPal
Ease of use
Hard
Privacy
Low
Speed
Fast
Fees
High
Reputation
Trusted
Limits
Average
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BitfinexBitfinex Buy Bitcoin

Bitfinex has long been one of the largest USD Bitcoin exchanges. In August 2016, however, it was hacked and lost around 30% of its users funds. While Bitfinex can be helpful if buying large amounts of bitcoins, it is probably best to not use the exchange until it is able to compensate its users and figure out how it was hacked.

Pros
  • One of the best ways to buy large amounts of bitcoins
Cons
  • Was recently hacked and has yet to figure out how leaving all of its users' funds at risk
Ease of use
Hard
Privacy
Low
Speed
Varies
Fees
Average
Reputation
Low Trust
Limits
High
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XapoXapo Buy Bitcoin

Xapo is a global Bitcoin platform. It allows users in nearly any country to purchase bitcoins via SWIFT transfer.

Ease of use
Easy
Privacy
Low
Speed
Varies
Fees
Average
Reputation
Trusted
Limits
High
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Mycelium Local TraderMycelium Local Trader Buy Bitcoin

Mycelium Local Trader helps you find local Bitcoin sellers. Once you locate a seller, you meet up in person and go through with the purchase. Mycelium charges absolutely no fees. While Mycelium Local Trader works great in highly populated areas, users in low population areas will have trouble finding sellers.

Pros
  • Easy and cheap way to buy bitcoins with cash
  • Private way to buy bitcoins, no personal information required
Cons
  • Users in sparsely populated areas will have trouble finding sellers
Ease of use
Average
Privacy
High
Speed
Fast
Fees
Low
Reputation
Trusted
Limits
High
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ShapeShiftShapeShift Buy Bitcoin

ShapeShift lets you buy bitcoin with Litecoin, Dogecoin, altcoins and other digital tokens. ShapeShift works in nearly every country but you will need another cryptocurrency in order to purchase bitcoins. Exchanges happen almost instantly because ShapeShift never actually controls your tokens but just exchanges them.

Pros
  • Easiest and fastest way to buy bitcoins with altcoins
Cons
  • Need altcoins or other digital tokens to use
Ease of use
Easy
Privacy
High
Speed
Fast
Fees
Average
Reputation
Trusted
Limits
High
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bitcoin-otcbitcoin-otc Buy Bitcoin

Bitcoin-OTC is an over-the-counter marketplace for the P2P exchanging of bitcoin. It is almost like a Craigslist for Bitcoin. Users must create ads or locate other ads to find sellers of bitcoin. Bitcoin-OTC is somewhat complicated and hard to use, but may be the only option for users in some countries without an exchange.

Pros
  • Can be a good way to find Bitcoin sellers if no other options exist
Cons
  • Need to keep eye out for scams
  • Need to build trust and feedback for your account before using
Ease of use
Hard
Privacy
High
Speed
Varies
Fees
Vary
Reputation
Trusted
Limits
High
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