Crypto exchanges available in Vietnam
Exchange availability in Vietnam is in transition as of 2026. No domestic licensed exchange is operating yet, because the five year pilot under Resolution No. 05/2025/NQ-CP is still licensing a small number of Vietnamese operators, with the first official activity expected around the third quarter of 2026. International platforms are widely used by Vietnamese residents in practice, often through peer to peer channels for dong, but they are not licensed under the Vietnamese pilot, and authorities have signalled draft measures that could restrict foreign platforms. This page describes that landscape factually and does not present any platform as a recommendation.
The licensed domestic market is not live yet
Vietnam is building a regulated exchange market from a standing start. Resolution No. 05/2025/NQ-CP, issued on 9 September 2025, created a five year pilot and a licensing regime run by the Ministry of Finance, with the State Securities Commission processing applications. Reported conditions include a minimum charter capital of 10,000 billion dong, roughly 400 million US dollars, and a 49 percent cap on foreign ownership. Licensing procedures opened in early 2026 and a small number of Vietnamese applicants have been shortlisted, but no licensed platform is yet operating. Until one launches, there is no domestically licensed exchange to sign up to, as of May 2026.
International platforms in practice
Vietnam consistently ranks among the highest countries in the world for crypto adoption, and in practice many residents have used large international platforms, frequently converting dong through peer to peer markets before trading. Those platforms operate from outside Vietnam and are not licensed under the Vietnamese pilot, so using them sits in a transitional legal space rather than inside a supervised domestic system. The authorities have also signalled draft measures that could restrict access to foreign exchanges as the domestic market launches. The table below summarises that status plainly; it is information about availability, not an endorsement of any platform.
| Platform type | Local licence status | Notes |
|---|---|---|
| Domestic pilot exchanges | Licensing in progress, none live | Shortlisted Vietnamese applicants under Resolution 05/2025; first activity expected around Q3 2026 |
| International platforms (used via P2P and global access) | Not licensed under the pilot | Widely used in practice; legal status transitional; possible future restriction on foreign platforms |
How to act while the market is transitional
Because the licensed domestic market is not yet live and foreign platforms are not locally licensed, the cautious approach is to treat availability as unsettled. If you choose to use a platform now, prefer providers expected to operate under the Vietnamese pilot once it goes live, keep clear records for any future tax rules, and avoid using crypto as a means of payment, which the State Bank of Vietnam prohibits. Confirm the current legal position before signing up, since the rules on both domestic licensing and foreign platforms are moving quickly. This page does not recommend any specific platform.
Track the Vietnam exchange pilot
The licensed domestic market is still being built. For the latest on which platforms are genuinely available and licensed in Vietnam, follow the rules as they are issued rather than relying on a fixed list.
Read the Vietnam regulation pageRegulator and sources
- Resolution No. 05/2025/NQ-CP of 9 September 2025, establishing the five year crypto asset market pilot and exchange licensing, led by the Ministry of Finance (mof.gov.vn)
- State Securities Commission, processing exchange licences under the pilot
- State Bank of Vietnam (SBV), sbv.gov.vn, on crypto not being a lawful means of payment
- Law on Digital Technology Industry, in force 1 January 2026, recognising crypto assets as property
Frequently asked questions
Is there a licensed crypto exchange in Vietnam?
Not operating yet. Resolution No. 05/2025/NQ-CP set up a five year pilot to license domestic crypto asset exchanges, licensing procedures opened in early 2026, and a small number of Vietnamese applicants have been shortlisted. Officials expect the first official activity around the third quarter of 2026.
Can I use Binance in Vietnam?
International platforms such as Binance are widely used in practice by Vietnamese residents, often through peer to peer channels, but they are not licensed under the Vietnamese pilot. Authorities have signalled draft measures that could restrict foreign platforms, so treat their status as transitional and verify before relying on any platform.
Is it legal to trade crypto in Vietnam?
Trading crypto as an asset is legal in Vietnam since the Law on Digital Technology Industry took effect on 1 January 2026. What is prohibited is using crypto as a means of payment, which the State Bank of Vietnam bans. Trading is meant to move onto licensed domestic exchanges as the pilot launches.
How do Vietnamese users buy crypto with dong?
Many users convert dong to crypto through peer to peer markets on international platforms, then trade on those platforms. Because no licensed domestic exchange is live yet and foreign platforms are not locally licensed, this carries counterparty and regulatory risk. Confirm the current rules before acting.
The Compliance Ledger
One short weekly note when a rule, a licence, or an exchange status changes. Information, not advice.
Subscribe to The Compliance Ledger