In recent years, crypto in Vietnam has changed dramatically. During the 2017-2018 period, buying and selling Bitcoin mainly occurred through P2P, Facebook groups, or even face-to-face meetings, but by 2025, most investors are familiar with trading on centralized exchanges (CEX).

This provides greater safety for assets, as well as a much smoother trading experience.

The question arises: In Vietnam, which crypto exchange should one choose for trading and long-term investment? This is a question I receive a lot from people and is something I once pondered when I first stepped into the market.

Why is choosing the right exchange important?

Crypto is a field full of opportunities but also full of risks. In fact, many people have lost money just by mistakenly sending it to untrustworthy exchanges or falling victim to scams.

Especially in Vietnam, where the demand for investment is very high but many retail investors have limited knowledge about security, choosing a reputable and safe exchange is almost a necessity.

A good exchange not only facilitates convenient trading but also must:

  • Protect assets in case of market fluctuations or systemic risks.

  • Provides a variety of investment products (spot, futures, staking, launchpool, etc.).

  • Quick customer support, suitable for the local market.

In my journey, I have used many different exchanges and here are some personal experiences:

  • OKX: What I like about OKX is that the trading fees are quite low, the interface is user-friendly, and they often launch many promotional programs to attract users. However, when compared to liquidity, it cannot match Binance. For emerging altcoins, the volume on OKX is often smaller, making it susceptible to slippage when placing large orders.

  • KuCoin: This is the exchange I often use to hunt for gems. KuCoin lists quite a number of small tokens before they hit major exchanges, suitable for those who enjoy taking risks. However, on the flip side, the security and liquidity issues are not on par with top exchanges. Some of my friends have encountered difficulties withdrawing money during strong market fluctuations.

  • Binance: This is the exchange I have been with the longest and still consider it my number one choice. What I highly value about Binance is its safety. The SAFU fund – a contingency fund to protect users – creates a much greater sense of security. In addition, the number of trading pairs is extremely rich, from Bitcoin, Ethereum to hundreds of altcoins, meeting both long-term investment and short-term trading needs.

Factors that make Binance stand out in Vietnam

  • High security
    Binance has a multi-layer security system, from 2FA verification, anti-fraud codes to abnormal transaction detection systems. In particular, the SAFU fund is a huge plus, as not many exchanges have such a clear insurance mechanism.SAFU is a big plus, as not many exchanges have such a clear insurance mechanism.

  • Largest liquidity in the market
    Trading on Binance, whether it's popular altcoins or newly listed tokens, has abundant liquidity. This is extremely important, as no one wants to place buy/sell orders and experience significant slippage.

  • Diverse investment products
    In addition to spot trading, Binance also offers futures, staking, launchpool, and recently,Megadrop, Binance Alpha, Binance HODLer Airdrop – allows users to receive free tokens from promising projects. This makes Binance a comprehensive ecosystem, not just a simple trading venue.

  • Suitable for both newcomers and professional traders

    • Newcomers: can easily buy Bitcoin, ETH with VND through P2P.

    • Professional Trader: has advanced analysis tools, API, and fast order processing speed.

  • Strong community in Vietnam
    Binance has a large community in Vietnam, along with Vietnamese language support channels. This makes the participation process easier and more approachable for many people.

Conclusion

The crypto market in Vietnam is growing strongly, and choosing the right exchange is the decisive factor for you to be both safe and take advantage of investment opportunities. With advantages in security, liquidity, and a comprehensive product ecosystem, Binance is truly a reliable choice for both newcomers and professional investors.

If you are looking to start with Bitcoin or simply want a safe platform for long-term trading, use Binance right now!

👉 Register for a Binance account for free here to ensure safety from the start of your crypto investment journey.