Can I Buy Bitcoin with Alipay?

Yes, Alipay can be used to fund accounts on regulated crypto exchanges that accept Alipay payments. While Alipay does not offer built-in trading, it provides a familiar payment route to buy Bitcoin, Ethereum, stablecoins, and more.

Alipay support varies by location. Mainland China blocks domestic crypto trading, but some offshore platforms still accept deposits from Alipay-linked bank accounts after verification. In Hong Kong, regulation is clearer and several licensed exchanges allow Alipay funding through bank-linked transfers.

Once your account is verified, topping up with Alipay is straightforward. Add cash, choose the cryptocurrency you want, and complete the purchase.

How to Buy Crypto with Alipay

Alipay is still a common way for people in mainland China and Hong Kong to move money into crypto, especially when the first step is buying USDT before shifting into other assets. 

HTX is the platform most users lean on for this because it supports Alipay funding through its P2P market and gives access to more than 1,000 cryptocurrencies.

Here is how to buy crypto with Alipay on HTX:

1. Create your HTX account: Register through the HTX website and complete verification to enable deposits and trading.
2. Add funds through Alipay: In the P2P section, select CNY or HKD, choose Alipay as your payment method, enter your amount, and complete the transfer with a seller. Your balance updates once payment is confirmed.
3. Select the crypto you want: Many start with USDT as it trades against nearly every coin on the platform. You can then move into Bitcoin, Ethereum, or other listed tokens.
4. Complete your trade: Set your order size, check pricing, and submit. The crypto appears in your HTX wallet, ready to hold, trade, or withdraw to a private wallet.

Fees and Deposit Limits for Alipay Users

Before moving funds between Alipay and HTX, it helps to know the costs and limits involved. Since direct fiat deposits are restricted, most users rely on the P2P marketplace to get money in and out.

• Deposits: You fund HTX by completing P2P offers and paying sellers through Alipay. HTX does not charge a fee for these transfers, and Alipay payments are usually free. Costs only show up if you use third party card processors, which can exceed 2%.
• Withdrawals: To withdraw money, sell your crypto on the P2P market and receive payment through Alipay or a linked bank transfer. HTX does not charge a fee here, but your final return depends on the spread offered by the buyer.
• Limits: Transaction size depends on your HTX verification level, Alipay’s transfer rules, and the limits set by each P2P offer. Minimums often start around ¥100, with upper bounds reaching roughly ¥50,000 per trade.
• Trading fees: Spot trading on HTX typically starts at 0.2% for makers and takers. Fees drop if you hold HT or trade enough volume to reach higher tiers.

Using Alipay for P2P funding and HTX for trading is a practical on-ramp, as long as you keep an eye on spreads and raise your limits through verification when needed.

Other Exchanges That Support Alipay Deposits

Alipay users have more than one route into crypto markets. While HTX is the most common option for buyers, several alternative platforms also accept Alipay through their P2P systems.

• Gate: Gate supports CNY deposits through Alipay in its P2P market and lists more than 3,600 cryptocurrencies. Spot trading starts at 0.1% and discounts apply for higher volume. Its appeal comes from breadth of tokens rather than fiat on-ramp speed.
• Binance: Binance offers Alipay funding through its P2P marketplace with access to more than 350 assets. Spot trading fees begin at 0.1% and fall for active users. Liquidity is strong, though token selection is smaller than Gate.io.
• OKX: OKX supports CNY and HKD deposits through Alipay in its P2P market and lists over 300 coins. Fees start at 0.1% and drop with higher trading tiers. Many users choose it for a balanced mix of liquidity, features, and regional payment support.

To decide between them, look at P2P depth in your currency, token availability after funding, and fees. Your verification level shapes how much you can move.

About Alipay

Alipay launched in 2004 and is operated by Ant Group. It ranks among the world’s largest digital wallets, with around 1.4 billion users and acceptance across more than 90 million merchants through the Alipay+ network. The service reaches over 200 countries and regions.

The app evolved from escrow payments into a broad financial tool. Users rely on Alipay for QR purchases, utility bills, peer to peer transfers, travel payments, and access to savings and insurance. Its scale, payment flexibility, and security controls make it a natural funding choice for crypto accounts where platform support and local rules allow.

Final Thoughts

Alipay gives you a familiar way to move money into crypto, but the right exchange depends on where you live, how much you plan to trade, and which assets you want access to.

Start by verifying your account, compare P2P rates before every deposit or withdrawal, and track fees so your costs stay predictable.

If HTX or another platform supports your currency and offers the assets you need, Alipay can be an effective on-ramp to begin building a position in Bitcoin, USDT, and other cryptocurrencies.