Accessing cryptocurrency exchanges in China has made real-name authentication an unavoidable topic. With increasing regulatory scrutiny, exchanges are continuously raising their requirements for user identity verification. To successfully register, trade, and withdraw, real-name authentication has become an almost mandatory process. Below, we will discuss in detail whether real-name authentication is required for accessing cryptocurrency exchanges in China, as well as the details to pay attention to during the process.
Is Real-Name Authentication Required to Access Exchanges?#
Currently, mainstream cryptocurrency exchanges such as OKX, Binance, HTX, Gate, Bitget, and Bybit all require users to complete real-name authentication. Accounts that are not verified have limited functionality, with very low deposit, trading, and withdrawal limits, and may even be unusable. Especially for sensitive operations involving fiat currency deposits and withdrawals, real-name authentication is a hard threshold.
Some exchanges may allow unverified users to browse market data and experience some basic functions, but once it involves financial operations, real-name authentication becomes a necessity. When registering, domestic users typically need to submit identification, selfies, and other materials, and some platforms may also require video verification.
The Process of Real-Name Authentication at Exchanges#
- Register an Account: Choose a suitable exchange's backup domain through Coin Circle Navigation and register a new account.
- Submit Identity Information: Upload photos of your ID (front and back), and fill in your real name, ID number, and other information.
- Facial Recognition or Video Verification: Some platforms require users to undergo facial recognition or video calls to ensure the authenticity of their identity.
- Wait for Review: After submitting the materials, the platform will complete the review within a few minutes to a few hours. Once approved, you can use all functions normally.
Important Considerations for Real-Name Authentication#
1. Authenticity of Information#
Make sure to use your real identity information for authentication. False information not only cannot pass the review but may also lead to account bans and loss of assets. Some users worry about privacy leaks; however, mainstream exchanges have strict protective measures for user data, and reputable platforms pose lower risks.
2. Security of Authentication Materials#
When uploading sensitive materials such as ID cards and selfies, it is recommended to operate in a secure network environment. Avoid uploading personal information on third-party platforms or unknown links to prevent data theft.
3. Handling Authentication Failures#
If authentication fails, carefully check whether the uploaded photos are clear and whether the information is filled out accurately. Some platforms support multiple submissions; if you encounter issues, you can contact customer service for assistance.
4. Account Security Settings#
After real-name authentication is approved, promptly bind your phone, email, Google Authenticator, and other multiple security measures to enhance your account security level. This prevents asset loss due to account theft.
5. Choosing Backup Domains#
When accessing the official websites of mainstream exchanges in China, users often encounter access restrictions or inability to open the site. By using Super Link Navigation to obtain the officially published backup domains of various exchanges, you can smoothly reach the exchange's official website and avoid disruptions caused by domain invalidation.
Choosing Exchanges and Compliance Risks#
The regulatory environment in China is unique, and some exchanges may adjust their service policies for users in mainland China at any time. When choosing an exchange, prioritize factors such as platform compliance, user reputation, and asset security. Before registering, you can check the latest available exchanges and their backup domains through Coin Circle Navigation to reduce inconveniences caused by policy changes.
Summary Analysis#
For domestic users accessing cryptocurrency exchanges, real-name authentication has become standard. Whether registering, depositing, trading, or withdrawing, real-name authentication is a prerequisite for ensuring account security and compliance. Throughout the process, it is essential to ensure the authenticity of the information, maintain data security, and choose reputable platforms and official channels to avoid unnecessary losses due to negligence. Obtaining official backup domains through Coin Circle Navigation can effectively enhance access efficiency and security. Compliance, safety, and convenience are core elements that every cryptocurrency user should focus on.