How to fund crypto purchases in China?

Alipay, a subsidiary of the Alibaba Group, is a widely used payment method in China. Its integration with various P2P platforms allows users to seamlessly transfer funds for crypto purchases.

Funding crypto purchases in China primarily revolves around two methods, which we delve into in the subsequent paragraphs.

Similarly, WeChat Pay, a product of Tencent, is another popular payment option among Chinese crypto enthusiasts. Its integration with Bitcoin vendors on P2P platforms makes it a convenient choice for funding crypto transactions.

Beyond digital wallets, there are other methods to fund crypto purchases in China, which we will discuss in subsequent paragraphs. However, the ease of use and instant transaction capabilities of Alipay and WeChat Pay make them preferred choices among many traders.

One of the common ways to fund crypto transactions in China is through digital payment wallets. Many Bitcoin vendors on peer-to-peer (P2P) platforms, such as Paxful and LocalBitcoins, readily accept popular payment methods like Alipay and WeChat Pay.