The invention relates to a circulating cooling type continuous casting crystallizer. The circulating cooling type continuous casting crystallizer comprises a crystallizer body, an outer layer housingand a cooling box, wherein bosses are arranged at the two ends of the crystallizer body; the bosses are sleeved with the outer layer housing; a closed first cooling channel is formed among the crystallizer body, the bosses and the outer layer housing; the bosses are provided with a first water inlet and a first water outlet which communicate with the first cooling channel; a second cooling channelis arranged in the outer layer housing; the two end faces of the outer layer housing are provided with a second water inlet and a second water outlet which communicate with the second cooling channel; a snakelike heat exchange pipe is arranged in the cooling box; an air blower is arranged on the side, close to a water outlet pipe, of the cooling box; and an exhaust fan is arranged on the side, close to a water inlet pipe, of the cooling box. According to the crystallizer, the two cooling channels are adopted, the heat dissipation efficiency is improved, heat dissipation is more uniform, the crystallization speed of the crystallizer is kept consistent, and the crystallization effect is guaranteed. Cooling water is recycled, water resource utilization is reduced, cost is reduced, and the system integrity and system running stability are improved.