
Last Update February 7th, 2022. WeChat Pay is a smart and efficient way to send money to users of the WeChat global platform.
WeChat Pay is also a popular method of payment for buying and selling bitcoin instantly and securely.
There are two person-to-person marketplaces that accept WeChat Pay as a payment method. They are Paxful and LocalBitcoins.
Where To Buy Bitcoin With WeChat Pay
Company | Fees | Countries Supported | |
---|---|---|---|
Free | All countries | ||
Free, 0.1% to 5% for sellers | Every country except for a few (see banned countries) | ||
Free, 1% to advertisers | All countries |
How Can I Buy Bitcoin With WeChat Pay?
If you want to buy bitcoin using WeChat Pay then you have to find a reputable exchange or marketplace that will let you do it.
How To Buy Bitcoin With WeChat On Paxful Summary
- Create an account with Paxful.
- Verify your account.
- Go to “Buy Bitcoin” and look for WeChat Pay.
- Open a trade with the vendor and complete the terms.
- Receive bitcoins directly into your Paxful wallet.
That’s it! You have successfully purchased bitcoin with WeChat Pay as the payment method.
3 Ways To Buy Bitcoin With WeChat Pay
Binance
Rating: | |
Website: | binance.com |
CEO: | Changpeng Zhao |
Headquarters: | Malta, European Union |
Founders: | Changpeng Zhao, Yi He |
Founded: | 2017 |
Customer service: | Knowledge Base |
Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.
With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.
Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
Pros
- Trustworthy management
- High volume exchange
- Low fees
- A large number of cryptocurrency pairs
- Global support
Cons
- Few payment options
Reputation | Fees | Privacy | Limits |
---|---|---|---|
Excellent | Low | High | High |
Paxful
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
Reputation | Fees | Privacy | Limits |
---|---|---|---|
Excellent | Low | High | High |
LocalBitcoins
Rating: | |
Website: | localbitcoins.com |
CEO: | Sebastian Sonntag |
Headquarters: | Helsinki, Finland |
Founders: | 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.
Reputation | Fees | Privacy | Limits |
---|---|---|---|
Excellent | Low | High | High |
What Is WeChat?
Developed by Tencent, WeChat is a Chinese multi-purpose messaging, social media, and payment app that is popular among citizens of China and is now one of the world’s largest standalone mobile apps.