Top Crypto Exchanges in Vietnam

To find the top crypto exchanges in Vietnam, we conducted a thorough evaluation of over 50 platforms. Our methodology considered key factors such as regulatory compliance with Vietnamese laws, range of assets, ease of use, deposit options in VND, fees, and more. Based on this analysis, we have put together a list of the top five exchanges for investors in Vietnam.

1. Bybit

Bybit is the best overall exchange for crypto investors and traders in Vietnam. As a leading platform for cryptocurrency derivatives trading, Bybit offers a variety of options for trading futures contracts with up to 100x leverage. Its suite of trading tools and features includes spot, futures, options, and margin trading, making it a versatile choice for investors. What sets Bybit apart is that it doesn't require KYC for crypto transactions, meaning that investors can get started with only an email and password. This makes Bybit a top choice for investors in Vietnam.

  • Fees: No deposit and withdrawal fees, with a 0% fee for spot markets (limited time offer, with a normal rate of 0.1%) and 0.01%/0.06% for maker/taker rebates.
  • Supported Cryptocurrencies: Over 400 cryptocurrencies available.
  • Regulation & Licensing: Regulated in Seychelles.
  • Customer Support: 24/7 support in Vietnamese via live chat, email, ticketing system, phone, and online communities.
  • Deposit Methods: Bank transfer, Wise, credit card, debit card, crypto deposits, PayPal, and other options available for Vietnamese investors.
Bybit Vietnam

2. OKX

OKX is a well-established cryptocurrency exchange in Vietnam, with a user base of over 10 million investors across Asia and Europe. The platform offers instant VND deposits and a wide range of digital assets for buying, selling, trading, and staking, with competitive fees and tight spreads. The OKX exchange features advanced options such as futures trading, options trading, and an NFT marketplace. Through its association with major sporting teams such as Manchester City and McLaren Formula 1, OKX has gained a reputation as a reliable and trustworthy player in the crypto industry.

  • Fees: 0% for makers and 0.2% for takers. Flat 0.1% fee for instant spot trading.
  • Supported Cryptocurrencies: Over 300 cryptocurrencies available, including leveraged trading options for advanced investors.
  • Regulation & Licensing: Regulated by VARA (Dubai), SFC (Hong Kong), ESMA (Europe) and approved by relevant authorities in Vietnam.
  • Customer Support: Available 24/7 through live chat, email, Discord, Twitter, and more.
  • VND Deposit Methods: Bank transfer, ViettelPay, debit card, credit card, and other options are available.
OKX Vietnam

3. BitcoinVN

BitcoinVN is a well-established cryptocurrency exchange based in Vietnam, offering a range of services and features to its user base of both retail and institutional investors. The platform provides a secure and user-friendly experience for buying, selling, and trading cryptocurrencies, with a focus on providing fast, low-cost transactions and 24/7 customer support.

  • Fees: Competitive fees with no hidden costs, including 0% deposit and withdrawal fees. Trading fees are based on a maker-taker model with a 0.05% taker fee and 0.03% maker rebate.
  • Supported Cryptocurrencies: Over 50 cryptocurrencies are available for trading, with a focus on the most popular and liquid assets.
  • Regulation & Licensing: Regulated by the State Bank of Vietnam and adheres to local regulations and standards.
  • Customer Support: 24/7 support is available via live chat, email, phone, and social media channels.
  • VND Deposit Methods: Multiple options available, including bank transfer, credit card, and e-wallets such as MoMo, Vietcombank, and others.

4. Binance

Binance is a world-renowned cryptocurrency exchange, serving a large user base in over 130 countries including Vietnam. The platform offers a diverse range of trading options including spot trading, margin trading, and futures trading, along with a vast array of tools and services, making it a go-to choice for many traders.

  • Fees: Spot market trades come with a 0.1% fee, while the maker/taker rebate is 0.02%/0.04%. Deposit and withdrawal fees range from 0.5% to 1.8%.
  • Supported Cryptocurrencies: Over 350 cryptocurrencies are available on Binance.
  • Regulation & Licensing: Binance is regulated by CySEC in Europe and approved by the local regulatory authorities in Vietnam.
  • Customer Support: Binance provides 24/7 support through live chat, email, and an online ticketing system for their users in Vietnam.
  • VND Deposit Methods: Binance offers various deposit options for their Vietnamese users including bank transfer, E-Wallet transfer, Advcash, and credit/debit card.
Binance VND

5. is a top cryptocurrency exchange platform with a wide user base across the globe, including in Vietnam. Their platform is widely regarded for offering the most amount of altcoins out of any exchange, with over 1,400 tokens listed on the platform. It also provides a comprehensive trading environment for its users, offering spot trading, margin trading, futures trading, and other advanced features to meet the demands of traders.

  • Fees: No deposit fees, and low trading fees at 0.1% for spot markets and 0.02%/0.06% for maker/taker rebates.
  • Supported Cryptocurrencies: Over 1,400 cryptocurrencies available, including leveraged trading options.
  • Regulation & Licensing: Unregulated platform that does not require KYC or AML.
  • Customer Support: 24/7 support is available through live chat, email, and online ticketing system.
  • VND Deposit Methods: Options include bank transfer, P2P trading, credit/debit card, and crypto deposits. Vietnam

Is Crypto Legal in Vietnam

Yes, cryptocurrency investing and trading is legal in Vietnam, but it is regulated by the State Bank of Vietnam (SBV) and subject to certain conditions and restrictions. The SBV has issued guidelines for the use of digital assets and requires crypto exchanges to comply with anti-money laundering and know-your-customer regulations. However, the government has yet to provide a clear legal framework for the use of cryptocurrencies.

That said, they are actively working on a comprehensive legal framework that would regulate and legalize cryptocurrencies in the country. In the meantime, investors should be aware of the current regulations and use only regulated exchanges when trading cryptocurrency.

Why is Crypto Popular in Vietnam?

Cryptocurrency has become popular in Vietnam for a variety of reasons. One of the main drivers is the increasing awareness and understanding of digital assets and the underlying blockchain technology. Additionally, the Vietnamese economy has experienced significant growth and stability, leading to an increase in disposable income, investment opportunities and speculative activity.

The government has also taken steps to support the growth of the crypto industry, such as removing a ban on crypto transactions in 2018. Furthermore, as the country continues to embrace technological innovation, the use of digital currencies as a means of payment and investment has gained traction. All of these factors have contributed to the growing popularity of cryptocurrency in Vietnam.

Bottom Line

Cryptocurrency trading is legal in Vietnam, although the government has yet to provide a clear legal framework for the use of digital assets. Despite this, the crypto industry is growing in popularity due to increasing awareness and understanding, a stable economy, and supportive steps taken by the government. Investors should be mindful of current regulations when trading cryptocurrency online.

In conclusion, Bybit is the best overall cryptocurrency exchange for users in Vietnam. It offers a secure trading platform with low fees and numerous payment options, plus an extensive selection of more than 350 cryptocurrencies. In any case, it is important to do your own research before selecting an appropriate platform and to stay up-to-date with the latest industry developments.