Best Crypto Exchanges in Vietnam

·

Vietnam has emerged as one of the most dynamic hubs for cryptocurrency adoption, consistently ranking among the top countries globally in terms of retail investment and blockchain innovation. Despite the absence of formal regulation by the State Bank of Vietnam (SBV), digital assets are widely used across the country. A comprehensive regulatory framework is currently under review, with expectations for implementation by 2025. This evolving landscape has created strong demand for reliable, user-friendly crypto exchanges that support Vietnamese Dong (VND) deposits and cater to local payment preferences.

For Vietnamese investors seeking secure and efficient platforms, selecting the right exchange is crucial. Key factors include supported deposit methods, trading fees, asset variety, security measures, and regulatory compliance. Below is an in-depth look at the top five crypto exchanges serving Vietnam today.

Top 5 Cryptocurrency Exchanges in Vietnam

1. Bybit – Best Overall for Vietnamese Traders

Bybit has rapidly grown into a leading global exchange since its launch in 2018, now serving over 65 million users worldwide. It stands out as the top choice for Vietnamese investors due to its seamless VND deposit options, competitive fee structure, and extensive range of digital assets—over 1,700 cryptocurrencies.

The platform offers advanced trading tools including spot, futures, perpetual swaps, options, and margin trading with leverage up to 100x. Notably, Bybit provides zero-fee trading on major stablecoin pairs, helping traders maximize returns. Its high-performance engine ensures fast execution and 99.99% uptime, making it ideal for active traders.

Additional features include:

👉 Discover how easy it is to start trading with low fees and fast VND deposits.

Key Details:

2. Binance – Global Leader with Broad Accessibility

Founded in 2017 by Changpeng Zhao, Binance is the world’s largest cryptocurrency exchange by trading volume, serving over 261 million users across 180+ countries—including Vietnam. It offers a full suite of services such as spot, margin, futures, and options trading.

Binance’s intuitive interface combines ease of use with powerful charting tools powered by TradingView, enabling both beginners and experienced traders to analyze market trends effectively. The Binance Earn program allows users to earn yields on their holdings via staking, flexible savings, and locked products.

Security remains a top priority, with industry-leading protections like two-factor authentication (2FA), anti-phishing codes, and cold wallet storage.

Key Details:

3. OKX – Ideal for High-Yield Opportunities

Launched in 2017 and headquartered in Seychelles, OKX serves more than 50 million users globally, including a growing base in Vietnam. The platform supports Vietnamese language and integrates local payment methods for smooth VND deposits.

OKX excels in offering diverse financial products beyond trading. Users can explore:

Its advanced trading interface includes multi-chart layouts, custom indicators, and sophisticated order types—perfect for technical traders.

Key Details:

👉 Start earning rewards today with high-yield staking and DeFi opportunities.

4. BitcoinVN – Leading Local Exchange

Established in December 2013, BitcoinVN is Vietnam’s first cryptocurrency exchange, based in Ho Chi Minh City. As a homegrown platform, it specializes in direct VND-to-crypto transactions with minimal friction.

It supports instant swaps across 83 digital assets and offers multiple deposit options including cash deposits, bank transfers, MoMo, and Vietcombank. BitcoinVN also operates physical Bitcoin ATMs in Ho Chi Minh City—an advantage for users preferring offline access.

The exchange provides staking services where users earn rewards while maintaining liquidity through special representative tokens.

Key Details:

5. Gate.io – Largest Altcoin Selection

Founded in 2013, Gate.io ranks among the top five global exchanges by actual trading volume and supports over 3,700 cryptocurrencies—the widest altcoin selection available.

In addition to spot trading, Gate.io offers futures, options, and margin trading with up to 100x leverage. The platform also features:

While not formally regulated, Gate.io remains accessible to Vietnamese users.

Key Details:

Is Cryptocurrency Regulated in Vietnam?

While cryptocurrency ownership and trading are legal in Vietnam, the State Bank explicitly prohibits its use as a payment method. There is currently no comprehensive legal framework governing digital assets—though the Ministry of Finance and SBV are actively developing one expected by late 2025.

This upcoming framework will likely cover:

Until then, all operating platforms must adhere to general financial regulations including customer verification and transaction monitoring.

How Is Crypto Taxed in Vietnam?

Crypto taxation remains in a gray area. No official tax policy has been issued by the General Department of Taxation. However, potential liabilities may arise based on activity type:

Investors should maintain detailed records and consult tax professionals to stay compliant.

FAQ Section

Q: Can I deposit Vietnamese Dong directly on these exchanges?
A: Yes—Bybit, Binance, OKX, BitcoinVN, and Gate.io all support direct VND deposits via bank transfers, e-wallets like MoMo and ViettelPay, or card payments.

Q: Which exchange has the lowest fees in Vietnam?
A: BitcoinVN offers the lowest trading fees at 0.03% (maker) and 0.05% (taker). Bybit and Binance charge 0.1%, which is standard globally.

Q: Are these platforms safe for Vietnamese users?
A: Yes—all listed exchanges implement strong security protocols including two-factor authentication, cold storage, and regular audits.

Q: Do I need to pay taxes on crypto gains now?
A: While no formal rules exist yet, profits may fall under personal or corporate income tax. Keeping accurate records is essential.

Q: What’s the best exchange for beginners?
A: Binance and Bybit offer user-friendly interfaces with educational resources and customer support in Vietnamese.

Q: Will crypto be fully regulated in Vietnam soon?
A: A national regulatory framework is under development and expected by the end of 2025.

👉 Compare features and find the best platform for your investment goals now.

Vietnam’s crypto market is projected to generate $975.3 million in revenue by 2025, with an estimated 15.96 million users—nearly 16% of the population. Driven by a young, tech-savvy demographic and rising interest in play-to-earn gaming and decentralized finance (DeFi), Vietnam continues to solidify its position as a key player in the global blockchain ecosystem.

Choosing the right exchange depends on your priorities—whether it's low fees (BitcoinVN), wide altcoin selection (Gate.io), advanced tools (Bybit), or yield generation (OKX). With increasing adoption and anticipated regulation on the horizon, now is an ideal time for Vietnamese investors to engage responsibly in the digital asset economy.