Best Exchanges
Best Exchanges in Vietnam 2026: Top Crypto Exchanges Compared
Choosing a crypto exchange in Vietnam is no longer simply about finding the exchange with the lowest trading fee. Vietnamese users also need to consider VND support, P2P payment options, KYC requirements, withdrawal convenience, supported cryptocurrencies, security, mobile apps, and the changing regulatory environment.
In 2026, Vietnam is one of the world's most active crypto markets. The country ranked fourth globally in Chainalysis' 2025 Global Crypto Adoption Index, while retail centralized-service adoption ranked third. Vietnam also ranked sixth when the index was adjusted for population.
At the same time, Vietnam has started building a formal framework for crypto assets. The government launched a five-year pilot program for the crypto-asset market in September 2025, while the Digital Technology Industry Law came into force in 2026.
This guide compares 22 major crypto exchanges from the perspective of Vietnamese users.
1. Quick Answer
What is the crypto exchange market like in Vietnam in 2026?
Vietnam has a large and active crypto community, with users participating in spot trading, futures, staking, DeFi, P2P transactions, stablecoins and long-term Bitcoin investment.
For Vietnamese beginners, the most important difference from many Western markets is the importance of VND and P2P.
Instead of relying only on a traditional bank-card purchase, Vietnamese users commonly look for:
VND P2P markets
Vietnamese bank transfers
USDT/VND trading
BTC/VND trading
Local-language support
Mobile trading apps
Easy crypto withdrawals
Competitive spot and futures fees
Major international platforms such as Binance, OKX, Bybit, Bitget, Gate, MEXC and KuCoin remain important choices for Vietnamese crypto users.
Which exchanges are popular among Vietnamese users?
1. The exchanges most relevant to Vietnamese users in 2026 include:
| Exchange | Brief |
|---|---|
| 1. Binance | Binance is a leading global crypto exchange known for deep liquidity, a wide range of cryptocurrencies, low trading fees, and strong P2P services. |
| 2. OKX | OKX is a comprehensive crypto platform offering spot, derivatives, trading bots, Earn products, and a powerful Web3 wallet. |
| 3. Bybit | Bybit is a popular trading platform focused on derivatives, spot markets, copy trading, and advanced tools for active traders. |
| 4. Bitget | Bitget is best known for copy trading, derivatives, and a growing selection of spot markets and crypto investment products. |
| 5. Gate | Gate is a long-established crypto exchange with a very large token selection, making it popular among users looking for newer and smaller-cap assets. |
| 6. MEXC | MEXC is known for listing a large number of emerging cryptocurrencies and offering competitive fees for spot and futures trading. |
| 7. KuCoin | KuCoin is a global crypto exchange offering a broad range of altcoins, trading bots, Earn products, and advanced trading features. |
| 8. BingX | BingX is a user-friendly crypto exchange that stands out for copy trading, futures, spot trading, and tools designed for social traders. |
| 9. HTX | HTX is a long-running international crypto exchange offering spot, futures, Earn products, and access to a broad range of digital assets. |
| 10. CoinEx | CoinEx is a straightforward crypto exchange offering spot and futures trading with a broad selection of cryptocurrencies and an easy-to-use interface. |
The exact popularity of exchanges changes over time, so there is no single official ranking of "most popular exchange in Vietnam."
For Vietnamese users, VND/P2P availability can be more important than the global trading-volume ranking.
2. Vietnam's local crypto-exchange market:
| Exchange / Platform | Brief |
|---|---|
| VNDIRECT / VND Crypto initiatives | A major Vietnamese financial-services ecosystem that has explored digital-asset and blockchain-related services, although it is not comparable to a global crypto exchange. |
| TCEX | A Vietnam-focused digital-asset trading platform concept aimed at serving local users and the emerging regulated crypto market. |
| ONUS | A Vietnamese crypto and digital-asset platform known for its local user base, VND-related services, crypto trading, and investment products. |
| Remitano | A widely used Vietnam-oriented crypto marketplace, particularly known for P2P trading and VND transactions, although its operations are broader than Vietnam alone. |
Short summary: Vietnam's local crypto-exchange market is still developing, with platforms such as ONUS and Remitano having stronger historical connections to Vietnamese users, while the market is gradually moving toward a more regulated model.
2. Best Exchanges for Vietnam — Full Comparison
The following table compares 22 exchanges from a Vietnam-focused perspective.
| Exchange | Vietnam Rating* | Spot Fee** | KYC | VND / P2P | Coins | Main Strength | Beginner Friendly |
|---|---|---|---|---|---|---|---|
| Binance | 4.8/5 | From 0.10% | Required for major services | Yes / Strong | 400+ | Liquidity, P2P, ecosystem | ★★★★★ |
| OKX | 4.7/5 | From 0.10% | Required | Yes / Strong | 300+ | Trading tools, Web3 | ★★★★☆ |
| Bybit | 4.7/5 | 0.10% | Required | Yes / Strong | 500+ | P2P, derivatives | ★★★★☆ |
| Bitget | 4.6/5 | 0.10% | Required | Yes / Strong | 800+ | Copy trading | ★★★★☆ |
| Gate | 4.5/5 | 0.10% | Required for many services | P2P / varies | 3,500+ | Large coin selection | ★★★★☆ |
| MEXC | 4.5/5 | 0% on selected spot markets | Required for some services | P2P / varies | 3,000+ | Altcoins, low fees | ★★★★☆ |
| KuCoin | 4.4/5 | Around 0.10% | Required for major services | P2P / varies | 1,000+ | Altcoin selection | ★★★★☆ |
| BingX | 4.3/5 | Around 0.10% | Required | VND/P2P availability varies | 800+ | Copy trading | ★★★★☆ |
| HTX | 4.2/5 | Around 0.20% | Required | P2P / varies | 700+ | Long crypto history | ★★★☆☆ |
| Coinbase | 4.1/5 | Up to 0.40% maker / 0.60% taker | Required | Limited VND | 350+ | Regulation/security | ★★★★☆ |
| Crypto.com | 4.1/5 | From around 0.25% | Required | Limited VND | 400+ | App ecosystem | ★★★★☆ |
| Kraken | 4.1/5 | Volume based | Required | Limited VND | 500+ | Security/reputation | ★★★★☆ |
| CoinEx | 4.0/5 | Around 0.20% | Required for some functions | P2P varies | 1,200+ | Simple interface | ★★★★☆ |
| Bitfinex | 4.0/5 | Around 0.10% | Required for services | Limited VND | 180+ | Advanced trading | ★★★☆☆ |
| Bitstamp | 3.9/5 | Volume based | Required | Limited VND | 100+ | Long operating history | ★★★★☆ |
| Gemini | 3.8/5 | Volume based | Required | Limited VND | 100+ | Compliance focus | ★★★☆☆ |
| BitMEX | 3.7/5 | Derivatives focused | Required | No major VND focus | 100+ | Derivatives | ★★☆☆☆ |
| Deribit | 3.7/5 | Derivatives based | Required | No major VND focus | Limited | Options/futures | ★★☆☆☆ |
| Upbit | 3.7/5 | Around 0.05% | Required | Limited VND | 300+ | Korean market access | ★★★☆☆ |
| Phemex | 3.8/5 | Around 0.10% | Required | P2P varies | 300+ | Derivatives | ★★★☆☆ |
| LBank | 3.7/5 | Around 0.10% | Required | P2P varies | 800+ | Altcoins | ★★★☆☆ |
| Deepcoin | 3.6/5 | Around 0.10% | Required | P2P varies | 300+ | Futures | ★★★☆☆ |
Note: Crypto.com appears only once in the intended 22-exchange list; the table above contains it once conceptually. Coin counts and fees change frequently and should always be checked on the exchange before trading.
Important fee note
The 0.10% figure is a useful benchmark rather than a guaranteed Vietnam-specific fee. For example, Bybit currently lists a 0.10% maker and taker base spot rate for standard crypto spot trading. Bitget also lists 0.10% maker and taker for standard spot trading. KuCoin notes that many standard spot pairs use 0.10% maker/taker rates, although individual pairs can differ. Coinbase Advanced uses volume-based fees and can reach 0.40% maker and 0.60% taker at its stated standard upper levels.
3. Exchange Overviews
3.1 Binance
Binance remains one of the most practical options for Vietnamese users because of its large liquidity, extensive coin selection, P2P market and broad product ecosystem.
Pros
Large global liquidity
Strong BTC/USDT and major-coin markets
VND P2P availability
Large selection of cryptocurrencies
Advanced trading products
Strong mobile application
Large Vietnamese user community
Cons
Interface can be overwhelming for beginners
Product availability varies by jurisdiction
P2P users need to carefully check merchant reputation
Withdrawal fees vary by network
Best for: Vietnamese users who want an all-in-one crypto platform.
3.2 OKX
OKX combines spot trading, derivatives, Web3 tools and wallet functionality.
Pros
Advanced trading interface
Strong liquidity
Web3 wallet integration
Wide range of products
Good mobile app
Cons
More complicated for first-time users
Some products may not be available in every jurisdiction
Beginners may find Web3 features confusing
Best for: Users who want both centralized trading and Web3 access.
3.3 Bybit
Bybit is particularly relevant to Vietnam because its P2P marketplace supports VND trading.
Users can buy USDT with VND through P2P and then use USDT to purchase BTC or other cryptocurrencies. Bybit currently displays VND P2P markets and provides instructions for buying BTC and USDT with VND.
Pros
Strong VND P2P market
Competitive spot fees
Large derivatives market
Copy trading
Good mobile application
Cons
Derivatives can encourage excessive risk
New users may confuse spot and futures
P2P prices vary between merchants
Best for: Vietnamese users who frequently use P2P or trade derivatives.
3.4 Bitget
Bitget is known for copy trading, derivatives and a large range of cryptocurrencies.
Pros
0.10% standard spot maker/taker fee
Copy trading
Large token selection
VND P2P availability
User-friendly mobile app
Cons
Futures products are high risk
Some altcoins have lower liquidity
Promotions change frequently
Bitget's current support documentation lists a standard spot fee of 0.1% for both makers and takers.
3.5 Gate
Gate is particularly attractive to users interested in smaller-cap cryptocurrencies.
Pros
Very large coin selection
Many new token listings
Spot and futures trading
Earn products
Competitive fees
Cons
Large number of tokens can increase risk
Interface can be complicated
New tokens may have limited liquidity
Gate's 2026 fee structure continues to list a 0.10%/0.10% standard VIP 0 spot rate, with lower rates possible through GT or VIP benefits.
3.6 MEXC
MEXC has built a strong reputation among altcoin traders because of its broad token selection and frequent new listings.
Pros
Large altcoin selection
Competitive trading fees
Futures market
Copy-trading related products
Suitable for active traders
Cons
Many small-cap tokens carry high risk
Promotions can change
Beginners may find the large number of assets confusing
MEXC has previously offered zero-fee spot promotions, but users should check the live fee schedule instead of assuming all spot pairs are permanently free.
3.7 KuCoin
KuCoin is another exchange with a strong focus on altcoins.
Pros
Large token selection
Trading bots
Spot and futures
Earn products
Competitive fees
Cons
Not as Vietnam-focused as Binance or Bybit
VND access may depend on the available P2P market
Users should verify current regional restrictions
KuCoin states that many standard spot markets use 0.1% maker and taker fees, although rates differ by trading pair and fee tier.
3.8 BingX
BingX is particularly known for copy trading and derivatives.
Pros
Copy trading
Easy mobile interface
Futures
Large selection of trading products
Cons
Less suitable if your priority is simple BTC investing
Futures carry significant risk
VND payment availability should be checked before opening an account
3.9 HTX
HTX is one of the older names in the crypto exchange industry.
Pros
Long market history
Large token selection
Spot and derivatives
Global user base
Cons
Less beginner-focused
Regulatory availability differs by country
VND functionality is less central than on major P2P-focused platforms
3.10 Coinbase
Coinbase is particularly known for compliance, security and its regulated-market presence.
Pros
Strong security reputation
Simple user experience
Coinbase Advanced for active traders
Large selection of established assets
Cons
VND support is more limited
Fees can be higher for smaller-volume users
Not as convenient for VND P2P
Coinbase Advanced currently offers volume-based maker/taker pricing, with published rates reaching up to 0.4% maker and 0.6% taker depending on the applicable tier.
3.11 Crypto.com
Crypto.com offers a broad app-based crypto ecosystem.
Pros
User-friendly mobile app
Spot trading
Earn products
Large global ecosystem
Cons
VND access is not as convenient as major P2P platforms
Fees depend on trading volume
Some services are region-specific
3.12 Kraken
Kraken is an established international exchange with a strong focus on security and professional trading.
Pros
Strong security reputation
Advanced trading
Established operating history
Professional interface
Cons
VND support is limited
Less convenient for Vietnamese P2P users
Better suited to users comfortable with international banking/crypto transfers
3.13 CoinEx
Pros
Simple interface
Large altcoin selection
Spot and futures
Suitable for smaller traders
Cons
Lower Vietnam-specific convenience
P2P availability can vary
Users should check local availability
3.14 Bitfinex
Pros
Advanced trading
Margin trading
Long operating history
Professional tools
Cons
More complex for beginners
Limited VND focus
Better suited to experienced traders
3.15 Bitstamp
Bitstamp has a long operating history and focuses more heavily on established crypto assets.
Pros
Established exchange
Simple interface
Strong compliance orientation
Cons
Smaller coin selection
Limited VND functionality
Fewer products than large multi-product exchanges
3.16 Gemini
Pros
Compliance-oriented approach
Simple user experience
Security-focused features
Cons
Smaller asset selection
Limited VND access
Less attractive for Vietnamese P2P users
3.17 BitMEX
BitMEX is mainly known for derivatives rather than beginner spot investing.
Pros
Professional derivatives tools
Advanced trading products
Cons
Not ideal for beginners
Limited VND functionality
Derivatives carry high risk
3.18 Deribit
Deribit is particularly focused on crypto options and derivatives.
Pros
Advanced options
Professional derivatives market
Strong tools for sophisticated traders
Cons
Not suitable for most beginners
Limited VND support
Complex risk management
3.19 Upbit
Upbit is one of the major exchanges in the Korean market.
Pros
Strong Korean market liquidity
Large number of major crypto assets
Competitive trading fees
Cons
Vietnam access is not its main focus
VND payment options are limited
Regional account requirements can apply
3.20 Phemex
Pros
Futures
Spot trading
Trading tools
Competitive fees
Cons
Less established Vietnam P2P ecosystem
Derivatives are high risk
Less beginner-oriented
3.21 LBank
Pros
Large altcoin selection
Spot and futures
Competitive fees
Cons
Small-cap token risks
Less Vietnam-specific infrastructure
Beginners should be cautious with newly listed assets
3.22 Deepcoin
Deepcoin focuses heavily on derivatives and active trading.
Pros
Futures
Copy trading features
Active trading tools
Cons
Less suitable for long-term Bitcoin investors
Higher complexity
VND access should be checked before trading
4. Crypto and Bitcoin Regulation in Vietnam in 2026
Vietnam's crypto regulatory environment has changed significantly.
Historically, Bitcoin and other virtual currencies were not recognized as legal tender or legal means of payment. In 2017, the State Bank of Vietnam position was that Bitcoin and similar virtual currencies were not currency and were not legal means of payment.
The regulatory approach has since developed.
2026 regulatory framework
The government issued Resolution No. 05/2025/NQ-CP in September 2025, establishing a five-year pilot for the crypto-asset market.
The pilot covers:
Crypto-asset issuance
Crypto-asset trading
Crypto-asset custody
Crypto-asset market organization
Crypto-asset service providers
Investor participation
The pilot started on September 9, 2025 and runs for five years.
Vietnam's Digital Technology Industry Law also took effect in 2026 and establishes a legal framework for digital assets and crypto assets.
Is Bitcoin legal in Vietnam?
The practical answer in 2026 is:
Owning and trading crypto should not be confused with using Bitcoin as legal currency for ordinary payments.
Bitcoin is not Vietnamese legal tender.
The government's new framework recognizes crypto assets as a regulated digital-asset category, but the regulatory system is still being implemented through the pilot program.
Users should therefore distinguish between:
| Activity | 2026 situation |
|---|---|
| Holding Bitcoin | Crypto assets are now within an emerging legal framework |
| Buying/selling crypto | Subject to the evolving regulatory and tax framework |
| Using BTC as ordinary payment | Not equivalent to using VND |
| Trading on an overseas exchange | Requires careful consideration of Vietnamese law and the exchange's regional rules |
| Using a licensed Vietnam crypto service | Expected to operate within the pilot framework |
| Paying merchants directly with BTC | Not the same as legal VND payment |
The government pilot also states that crypto-asset transactions in the pilot market must use Vietnamese dong.
5. How to Buy Bitcoin in Vietnam — Step-by-Step
For many Vietnamese beginners, the simplest practical route is:
VND → P2P → USDT → BTC
Step 1: Choose an exchange
Look for:
VND P2P
Vietnamese bank transfer support
KYC
Security features
BTC liquidity
Reasonable trading fees
Easy withdrawals
Binance, OKX, Bybit and Bitget are examples of exchanges that Vietnamese users commonly consider.
Step 2: Create an account
Download the official app or access the official website.
Do not download APK files from Telegram, Facebook groups or unknown websites.
Step 3: Complete KYC
Most major international exchanges require identity verification.
Typical information includes:
Full name
ID/passport
Date of birth
Residential information
Identity document
Facial verification
Step 4: Enable security
Before depositing money, activate:
Authenticator-based 2FA
Anti-phishing code
Withdrawal whitelist where available
Passkey/security key where available
Strong unique password
Step 5: Buy USDT with VND
For exchanges with VND P2P markets:
Open P2P
Select Buy
Choose USDT
Select VND
Choose a merchant
Check completion rate and order history
Transfer VND through the specified payment method
Confirm payment
Receive USDT
Bybit, for example, currently provides VND P2P markets for USDT and BTC.
Step 6: Buy Bitcoin
After receiving USDT:
Open Spot
Search BTC/USDT
Select Buy
Enter the amount
Choose Market or Limit
Confirm the order
A beginner may prefer a simple market order for a small test transaction, while a limit order gives more control over the execution price.
Step 7: Store your Bitcoin
For small amounts, keeping funds on a reputable exchange may be convenient.
For larger long-term holdings, consider a self-custody wallet or hardware wallet.
Never share:
Seed phrase
Private key
2FA backup codes
Withdrawal password
6. How to Choose a Crypto Exchange in Vietnam in 2026
Vietnamese users should evaluate exchanges using local criteria rather than simply choosing the exchange with the highest global trading volume.
1. VND support
This is one of the most important factors.
Check whether the exchange supports:
VND P2P
Vietnamese bank transfers
VND/USDT
VND/BTC
VND selling markets
2. KYC
A regulated or compliance-focused exchange normally requires identity verification.
KYC also helps users recover an account if security problems occur.
3. Trading fees
Compare:
Spot maker fee
Spot taker fee
Futures fee
P2P fee
Withdrawal fee
Fiat payment fee
Do not look only at the advertised spot fee.
4. Liquidity
A low fee does not help much if a trading pair has poor liquidity.
For Bitcoin, check:
BTC/USDT volume
Spread
Order-book depth
5. Security
Look for:
2FA
Passkeys
Withdrawal protection
Anti-phishing tools
Address whitelist
Proof-of-reserves information
Security notifications
6. Coin selection
If you only want Bitcoin and Ethereum, a huge token selection is not necessarily important.
If you trade altcoins, Gate, MEXC and KuCoin may be more relevant.
7. P2P merchant quality
For Vietnamese users, P2P safety is particularly important.
Before paying:
Check merchant completion rate
Check completed orders
Check account age where available
Use platform escrow
Never release crypto outside the platform
Do not accept third-party payment arrangements
7. Vietnam Bitcoin Tax Guide 2026
Vietnam's tax framework for crypto assets became much clearer in 2026.
The Ministry of Finance issued Circular 32/2026/TT-BTC on March 27, 2026. The rules address taxation of crypto-asset trading, transfer and business activities during the pilot market period.
For individuals transferring crypto assets, the stated personal income tax rate is:
0.1% of the transfer value for each transaction.
For domestic organizations, income from crypto-asset transfers is subject to a 20% corporate income tax rate under the specified rules.
The policy also provides that crypto-asset transfer and business activities covered by the circular are not subject to VAT during the relevant pilot period.
Simple example
Suppose a Vietnamese individual sells Bitcoin for:
500,000,000 VND
Using the 0.1% transfer-value rate:
500,000,000 × 0.1% = 500,000 VND
This example is only an illustration of the stated rate. Actual tax treatment can depend on the type of transaction, taxpayer status, platform, timing and applicable regulations.
Keep transaction records
Vietnamese crypto users should maintain:
Exchange transaction history
P2P records
Deposit records
Withdrawal records
Bank statements
Purchase prices
Sale prices
Transaction dates
Fees
Wallet transfers
This becomes particularly important as Vietnam's crypto market moves toward formal regulation.
8. Cryptocurrency Adoption in Vietnam
Vietnam is one of the most important crypto markets in Southeast Asia.
According to Chainalysis' 2025 Global Crypto Adoption Index, Vietnam ranked 4th globally.
The country's retail centralized-service ranking was 3rd, while its DeFi ranking was 6th.
Vietnam's crypto market has developed around several major use cases.
Investment
Many users treat Bitcoin and other cryptocurrencies as alternative investment assets.
Stablecoins
USDT and other stablecoins are important because they provide a dollar-linked crypto asset that can be transferred globally.
P2P
P2P markets are particularly important because they connect local VND payment methods with crypto.
Gaming
Vietnam has a strong blockchain and gaming community.
Vietnam is also the home of Sky Mavis, the company behind Axie Infinity, which helped bring blockchain gaming to a global audience.
Cross-border transactions
Crypto and stablecoins can also be used for cross-border transfers and online work.
Chainalysis reported that Vietnam's on-chain crypto activity grew 55% in the 12 months through June 2025.
9. Conclusion
Vietnam's crypto market in 2026 is entering a new stage.
The market is moving from a relatively informal environment toward a combination of:
international exchanges + VND P2P + local regulation + regulated crypto-asset services.
For Vietnamese users, the most important exchange factors are not necessarily the same as those for users in the United States or Europe.
The key questions are:
Can I buy crypto with VND?
Does the platform have a reliable P2P market?
Is KYC available?
Are withdrawals convenient?
Are BTC and USDT markets liquid?
Are the fees competitive?
Does the platform provide strong security?
Is the service legally available to Vietnamese users?
For beginners, large exchanges with established VND/P2P infrastructure are generally the easiest starting point to investigate. More experienced traders may prefer platforms with stronger derivatives, copy trading or altcoin functionality.
Always verify the exchange's current Vietnam availability, fee schedule, KYC requirements and P2P payment methods before depositing funds.
10. Frequently Asked Questions
Is cryptocurrency legal in Vietnam in 2026?
Vietnam now has a formal legal framework for digital assets and a five-year pilot crypto-asset market. However, Bitcoin should not be treated as Vietnamese legal tender or as a replacement for VND.
Can I buy Bitcoin with VND?
Yes. VND P2P markets are available on major international exchanges. Users can generally purchase USDT or BTC through P2P and pay using Vietnamese bank-transfer methods.
What is the easiest way to buy Bitcoin in Vietnam?
A common route is:
VND → USDT through P2P → BTC/USDT spot trading.
Do Vietnamese crypto users need KYC?
Most major centralized exchanges require KYC for important account functions, deposits, withdrawals and trading services.
Can I use a Vietnamese bank account to buy crypto?
P2P markets can support Vietnamese bank transfers, depending on the exchange and merchant. Always follow the exact payment instructions shown by the platform.
Which crypto exchange is best for Vietnamese users?
There is no single exchange that is best for every Vietnamese user.
For comparison purposes, Binance, OKX, Bybit, Bitget, Gate, MEXC and KuCoin are among the major platforms worth researching.
The right choice depends on whether you prioritize VND P2P, spot trading, futures, altcoins, copy trading, Web3 or long-term Bitcoin storage.
Can I sell Bitcoin and receive VND?
On exchanges with VND P2P markets, users can sell BTC or USDT through P2P and receive VND through the payment method selected in the order.
Is P2P safe?
P2P has additional counterparty risks.
Use the exchange's escrow system, communicate only through the platform, verify the payment sender, and never release crypto based solely on a screenshot.
Should I keep Bitcoin on an exchange?
For active trading, exchange custody is convenient.
For larger long-term holdings, some users prefer self-custody using a hardware wallet or other secure wallet.
What is the safest way to store Bitcoin?
A hardware wallet combined with secure offline backup of the seed phrase is a common self-custody approach.
Never photograph or share your seed phrase.
Is Bitcoin taxed in Vietnam?
Yes. Vietnam introduced specific crypto-asset tax rules in 2026. Under the Ministry of Finance's Circular 32/2026/TT-BTC, individuals transferring crypto assets are subject to a 0.1% personal income tax rate based on the transfer value for each transaction under the relevant pilot-market rules.
Do I have to report crypto transactions?
Tax obligations depend on the transaction and taxpayer status. Vietnamese users should maintain complete records and check the latest tax procedures applicable to their situation.
Can foreigners living in Vietnam use crypto exchanges?
Availability depends on the user's nationality, residence, KYC status and the exchange's country restrictions. Foreign residents should check both Vietnamese requirements and the exchange's current terms.
Can I use Binance in Vietnam?
Vietnamese users have historically had access to Binance services, including VND P2P markets, but product availability and regulatory requirements can change. Always check the current Binance Vietnam service availability before opening or funding an account.
Can I buy Ethereum and USDT in Vietnam?
Yes. USDT and Ethereum are among the major crypto assets available on international exchanges. VND P2P can be used to acquire USDT, which can then be exchanged for other cryptocurrencies.
What should beginners avoid?
Beginners should be especially careful with:
High-leverage futures
Unknown altcoins
Telegram investment groups
Guaranteed-profit schemes
Fake exchange websites
Fake customer support accounts
P2P transactions outside the platform
Sharing seed phrases
Sending crypto to an incorrect blockchain network
Crypto prices can be highly volatile, and losing access to a wallet or sending funds to the wrong address can result in permanent loss.