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Buy Crypto with WeChat Pay

Buy Crypto with WeChat Pay

Andrew Chen
Fact Checked
Jan 10, 2023

Summary: WeChat Pay does not currently offer any products or services that enables customers to buy cryptocurrencies directly through the app. This means investors will need to find an exchange that accepts fiat deposits and withdrawals via WeChat Pay to buy crypto assets.

Our top pick for users is OKX. Their platform offers instant WeChat Pay deposits to buy and sell over 300 cryptocurrencies with low fees. The OKX exchange is licensed and available in China & over 100 other countries, making it a safe platform to buy and custody your digital assets.

Table of Contents

Best Crypto Exchange for WeChat Pay

Platform Highlights

  • Fast and cheap CNY, EUR, HKD, VND, USD and more deposits via WeChat Pay.
  • Trade & Stake over 300 Cryptos with low fees and tight spreads.
  • Feature-rich platform with Staking, an NFT Marketplace, OKX Chain, OTC Support & more.
OKX - WeChat Pay
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy Crypto with WeChat Pay

The safest and easiest way to buy Bitcoin, Ethereum, USDT and other digital assets with WeChat Pay is through a regulated & audited trading platform. We recommend OKX which accepts instant deposits from WeChat Pay to trade and stake over 300 crypto assets with industry-leading fees.

You can follow this simple 4 step guide to get started:

  1. Create Account: Sign up to the OKX platform and verify your identity.
  2. Find P2P Trading: Select 'Buy Crypto' in the Navigation Menu and select 'P2P Trading'.
  3. Select WeChat Pay: Select the token you want to buy (e.g USDT) and CNY & WeChat Pay as your payment method.
  4. Execute Trade: Finally, click 'Buy' on the top listing to finalise your purchase of USDT with an WeChat Pay account. Once you buy the USDT, you can then trade it for any of the 300 tokens available on the OKX platform.
Deposit CNY via WeChat Pay to buy Crypto.
Deposit CNY via WeChat Pay to buy Crypto.

Is WeChat Pay Crypto-Friendly?

While WeChat does not offer cryptocurrencies directly through its app, they do not block customers from sending money to platforms like OKX. This means that they are crypto-friendly  and allow customers to buy digital assets with WeChat Pay.

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What are the Fees?

OKX does not charge any fees for deposits or withdrawals with WeChat Pay. The only fee customers will incur is the 0.1% trade commission when executing transactions on OKX, which is one of the lowest trading fees in the industry. The trading fees are even cheaper if you hold a certain amount of OKX tokens and get get as low as 0.01% per transaction.

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What is WeChat Pay?

WeChat Pay is a digital wallet service that is integrated into the messaging app WeChat. It allows users to make electronic payments and money transfers within the app. WeChat Pay is very popular in China, and it has also been expanding to other countries in recent years. It can be used to pay for goods and services in physical stores, as well as online. Users can link their bank account or credit card to WeChat Pay, and then make payments by scanning a QR code or inputting a payment code.

WeChat Pay App.

Final Thoughts

WeChat Pay is a popular and convenient payment method to buy cryptocurrencies. Customers can make instant deposits via WeChat Pay on OKX, and then use those funds to purchase any of the 300+ crypto assets available on the platform. The process is fast, secure, and fee-free, making it an ideal choice for investors looking for an easy and safe way to buy cryptocurrencies.

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Digital Banks
Asian Banks
Centralized Exchanges
Digital Assets
Bitcoin

Andrew Chen

Former Bitcoin Maximalist turned multi-chain enjoyer. I hunt down the best yields across AVAX, Solana, Fantom and other networks.

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