An independent examiner has revealed shocking details surrounding the inner workings of Celsius – a crypto lender that filed for bankruptcy in July 2022. The examiner claimed that Celsius did not operate by the business model that it presented to customers. He likened it to a Ponzi scheme, much like FTX – a company that happened to have used the same accounting software: QuickBooks. The Truth About CEL Token Per a filing from examiner Shoba Pillay on Tuesday, Celsius had…
The Best Crypto Exchanges in China
The regulatory environment in China regarding cryptocurrency is constantly changing, and some of the exchanges may not be operational or accessible from China due to the country’s strict regulations on cryptocurrency trading. Therefore, checking each website for the most up-to-date information is best.
However, here’s a list of China-based crypto exchanges:
- OKX: Formerly known as OKEx, it is one of the largest cryptocurrency exchanges in China. OKX offers trading in various cryptocurrencies and supports multiple languages.
- Huobi: Founded in 2013, Huobi is one of the oldest cryptocurrency exchanges in China. It offers trading in over 550 cryptocurrencies and has a global presence with offices in Singapore, the United States, and South Korea.
- Binance: Binance is a global cryptocurrency exchange originally based in China. It offers trading in over 350 cryptocurrencies and has its native token, Binance Coin (BNB).
- Bitfinex: Bitfinex is one of the largest cryptocurrency exchanges in the world, based in Hong Kong. It supports trading in over 180 cryptocurrencies and offers margin trading and lending services.
- Gate.io: Gate.io is a Chinese-based cryptocurrency exchange that trades over 1400 cryptocurrencies. It also offers margin trading and a mobile app for trading on the go.
- BTCC: BTCC is a Hong Kong-based cryptocurrency exchange originally based in China. It supports trading in multiple cryptocurrencies and offers both spot and margin trading.
- CoinEgg: CoinEgg is a Chinese-based cryptocurrency exchange that offers trading in various cryptocurrencies. It also offers margin trading and a mobile app for trading on the go.
- ZB.com: ZB.com is a Chinese-based cryptocurrency exchange that offers trading in multiple cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It also offers margin trading and a mobile app for trading on the go.