Looking for a safe and reliable crypto exchange in Vietnam that accepts VND? Our team reviewed over 50 platforms this year to find the top options for local users. You’ll find key features, pros and cons, and practical advice for getting started.
Exchange | Ranking | Taker/Maker | Available Crypto | Accepts Fiat | Payment Methods | KYC |
---|---|---|---|---|---|---|
Bybit | 4.6 Read Review | 0.1% / 0.1% | 519 | Yes | +2 | Yes |
MEXC | 4.6 Read Review | 0.01% / 0% | 1848 | Yes | +3 | No |
Bitget | 4.7 Read Review | 0.1% / 0.1% | 686 | Yes | +2 | Yes |
Kraken | 4.2 Read Review | 0.4% / 0.25% | 472 | Yes | +3 | Yes |
OKX | 4.6 Read Review | 0.1% / 0.08% | 296 | Yes | +6 | YES |
Bybit is one of the top global exchanges, with over 74 million users and consistently high trading volumes. It offers a complete suite of services including spot, margin, futures, options, and even forex trading.
MEXC is popular in Vietnam for its low trading costs and wide coin selection. It’s ideal for experienced traders who value high leverage and niche altcoins.
Bitget is widely used in Vietnam for its strong P2P trading platform and variety of local payment options. It also offers escrow services to protect users when making P2P transactions and has a $750m insurance fund to protect user assets.
Kraken is a US-based exchange with a strong reputation for security and regulatory compliance, ideal for new investors in Vietnam looking for peace of mind.
OKX is a top-tier global exchange favored by experienced traders. With support for spot, margin, futures, and options, it offers one of the most advanced platforms in the industry. Vietnamese users benefit from a Vietnamese-language interface and access to deep liquidity.
Crypto has long existed in a gray area in Vietnam. It’s not illegal to own or trade digital assets, but using crypto as payment is prohibited under the State Bank of Vietnam’s regulations.
On June 14, 2025, the National Assembly passed the Law on Digital Technology Industry, legally recognizing both “virtual assets” and “crypto assets.” This new framework sets the stage for licensing, regulation, and oversight, including cybersecurity and anti-money laundering safeguards. However, it only takes effect on January 1, 2026, meaning crypto cannot yet be used for purchasing goods or services in 2025.
As of 2025, Vietnam has not implemented formal crypto-specific taxation. However, tax authorities are closely monitoring transactions through banking channels. Proposals under discussion include:
Detailed guidelines and enforcement plans are still pending. We recommend users start keeping complete records of any trades they make, including dates, amounts, and VND values. Once taxation is introduced, crypto profits will likely be treated as either Income Tax or Capital Gains tax.
Security and compliance are essential. Look for exchanges that feature:
Given the lack of official regulation by the Vietnamese government, many exchanges do not directly support VND deposits via bank transfer. With the incoming change in regulations, we expect Vietnamese e-wallets to gradually become supported by leading exchanges.
Currently, the most popular method for buying crypto with VND is using P2P trading on a reputable exchange.
Deposit Method | Supported By | Fees | Processing Time | Notes |
P2P Bank Transfer | Bybit, OKX, MEXC | 0% – 0.5% | Instant | Most popular method; escrow protection recommended |
MoMo Wallet | Bybit | 0% – 1% | Instant | Fast and widely used in Vietnam |
ZaloPay | Bybit | 0% – 1% | Instant | Requires linked account; only via trusted P2P sellers |
Viettel Money | Bybit, OKX | 0% – 1% | Instant | Available with verified P2P merchants |
Wise / PayPal | MEXC (via P2P) | 2-4% + currency conversion | 1-2 business days | Not always available; higher trust needed |
Crypto-to-VND swap | OKX | Included in spread | Instant | For traders converting stablecoins to fiat with P2P buyers |
Yes, P2P trading is widely used and is currently the most popular way to on/off-ramp using VND. P2P trading supports a wide range of local payment methods including VND bank transfers, digital wallets, and payment providers like PayPal or Wise.
When P2P trading, we strongly recommend only using reputable exchanges that offer escrow services. This offers the greatest amount of protection against fraud, which is a risk when P2P trading.
When choosing a crypto exchange in Vietnam, look out for these common fees:
Exchanges like Bybit and OKX offer derivatives and margin products to Vietnamese users. Typically:
We suggest following these tips to avoid falling for crypto scams and keeping your assets secure:
Shennon Hewa is a crypto trader and crypto journalist based in London. Active in the crypto space since 2017, he specializes in scalping, derivatives day trading, and swing trading. At FXEmpire, he has reviewed dozens of crypto exchanges and has extensive knowledge of platform strengths and weaknesses.
At FXEmpire, we strive to provide unbiased, thorough, and accurate exchange reviews by industry experts to help our users make smarter financial decisions.