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Last Update May 25th, 2020. Alipay is the worlds largest mobile payment network by a wide margin.

Alipay is also a popular method of payment for buying and selling bitcoin in large amounts.

There are two person-to-person marketplaces that accept Alipay as a payment method. They are Paxful and LocalBitcoins.

Where To Buy Bitcoin With Alipay

 CompanyFeesCountries Supported
Paxful Icon Resized
Paxful

Free, 0.1% to 5% for sellersEvery country except for a few (see banned countries)
LocalBitcoins Icon Resized
LocalBitcoins


Free, 1% to advertisersAll countries

2 Ways To Buy Bitcoin With Alipay

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

LocalBitcoins

LocalBitcoins Homepage

Rating:

Website:localbitcoins.com
CEO:Sebastian Sonntag
Headquarters:Helsinki, Finland
Founders:Nicholas Kangas, Jeremias Kangas
Founded:2012
Customer service:Knowledge Base
More information:Read Review

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.

LocalBitcoins gives vendors the ability to create offers in all currencies.

Pros

  • Available in every country of the world
  • A diverse selection of buyers and sellers
  • Supports many payment methods
  • Buyers get their bitcoins fast
  • Private

Cons

  • Lack of cryptocurrency diversity
  • Both sellers and buyers have a chance of being scammed.

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

What Is Alipay?

Introduced in 2004, Alipay, a key member of the Alibaba Group, is a mobile and online payment platform for sending and receiving money worldwide. Alipay offers privacy protection, real-time monitoring, and world-class payment security.

The Alipay mobile app is available on both iOS and Android devices.

How Alipay Works

Where Is Alipay Supported?

Alipay is supported in over 110 countries around the globe, although the vast majority of customers are from mainland China.