Cryptocurrency trading is officially banned in China. The Chinese government has taken a strong stance against cryptocurrency activities, banning both trading and mining in the country. Despite this, some users in China still access crypto services through methods like VPNs, although this is technically illegal and carries risks.

Binance, like other exchanges, is not allowed to operate within China. However, the platform may still have users from China who access it in ways that circumvent local restrictions. It’s important to note that while Binance operates globally, it must adhere to local regulations, and users in restricted areas need to be cautious to avoid legal issues.