Detailed Steps for Purchasing Bitcoin with Alipay and WeChat in China in 2025

Bitcoin has surpassed $100,000 for the first time in history! In just 10 years, it has multiplied by tens of millions of times, and only the miraculous blockchain can achieve this.#

You must have heard stories about people around you making money by buying Bitcoin or Dogecoin and want to try buying some yourself? But you don't know how to buy it? For example, can you buy it in China? Can you use Alipay or WeChat? Is Renminbi acceptable? How do you operate? What procedures are needed? Do you need to install a wallet? How much is suitable for a first-time purchase? If you buy it, will you make a profit? How do you cash out if you make money?...

Don't worry! This article will answer these questions for you, ensuring that even your 80-year-old grandmother can understand.

Table of Contents#

How to buy Bitcoin in three steps?
Can you make money by buying Bitcoin? What are the expected returns?
How to choose an exchange?
How to buy Bitcoin or Dogecoin with Renminbi?
Is it a good time to buy Bitcoin now? What is the best time to buy?
What to do if the price of Bitcoin is too high?
Didn't China ban cryptocurrency trading? How can you still buy it?
Is it safe to buy Bitcoin? Will the exchange run away? How to store it?
Is it troublesome to cash out after making money in the crypto world?

How to buy Bitcoin in three steps?#

A beginner's guide for investing in Bitcoin in three steps:

Choose a suitable Bitcoin exchange#

First, let's talk about exchanges. Due to the regulatory policies from the government over the past two years, the only major exchange currently supported and reliable for domestic users is OKX. We have no choice but to obediently register for an OKX account. For mainland users, OKX is the first choice, followed by Binance or the recently popular Bitget. Compared to other exchanges, these three are the largest, regulated by the government, and have security guarantees. Among them, OKX and Bitget can be accessed domestically, while Binance requires a VPN to access, commonly referred to as a ladder.

Additionally, it’s worth mentioning that many people may not know that operating a cryptocurrency exchange is illegal in China, but the government has never prohibited individuals from investing in cryptocurrencies. Domestic exchanges like OKX submit their backend data to the government, which is why you need to submit your ID for real-name verification when registering and undergo facial recognition when withdrawing funds, to prevent illegal activities.

On December 7, 2024, People's Court Daily: Mining condenses social abstract labor, virtual currencies have use value and exchange value. By the way, many people may not be aware that holding cryptocurrencies as an individual has never been classified as illegal behavior.

Many people also do not know that exchanges like OKX, Binance, and Bitget can directly bind to bank cards, allowing you to conveniently purchase Bitcoin with WeChat or Alipay. Moreover, you don’t have to buy 1 Bitcoin at once; you can buy as little as 1 yuan or 10 yuan, any amount you wish.

When it comes to trading, the sooner you get involved, the better. Otherwise, it’s best not to get involved at all. No matter who you are, you will definitely lose some money in the early stages, using money to gain experience. Getting involved early allows for lower trial and error costs, preventing financial ruin and family crises. Otherwise, you might as well avoid it for life; I’m not kidding.

Registration and Real-name Verification#

As mentioned above, only choose from the four exchanges: OKX, Binance, Bitget, and Gate, in that order: OKX > Binance > Bitget > Gate > Huobi.

Huobi was good during the Li Lin era, but it has not been performing well since Sun took over, and its trading depth is concerning, so it ranks behind the other four.

We know that investing in cryptocurrencies carries high risks. According to national regulatory requirements, register using a mainland Chinese phone number and email, or use a VPN and a Chinese ID for real-name verification. The platform can complete identity verification on the same day. The registration link supports Chinese phone numbers or foreign email services like 163, QQ, or Gmail. Currently, there is a lifetime 20% fee discount and a $600 newcomer gift for registration. Taking OKX as an example:

OKX#

New users registering on OKX this month can receive a blind box or Dogecoin gift. You can register directly in China: Click here to register an OKX account, some regions may require a VPN or alternative link.

Binance#

Binance has always offered fee discounts and newcomer gifts, but domestic users need a VPN to register: Click here to register a Binance account. (A VPN is needed in China 🪜)

Bitget#

Bitget has risen rapidly in the past two years and has entered the ranks of top exchanges: Click here to register a Bitget account (A VPN is needed in China 🪜)

Gate#

Gate.io, also known as "Sesame Open," was originally called Biter, and later changed its name to Gate. Click here to register a Gate account (A VPN is needed in China 🪜)

By the way, if you need a VPN, please click the top right corner — Links — Recommended VPS for airports.

Buying Bitcoin with Renminbi#

Wait for the OKX account registration to be completed, then download and install the app. If the system prompts a security risk during installation, don't worry; the system often misreports risks for virtual currencies. We downloaded it from the official website, so there’s no risk; just ignore it.

If you are an Apple user, you need to log in to the App Store with an overseas Apple ID to download the app. I won't elaborate on how to apply for an overseas Apple ID; just search for it on Zhihu.

Patiently wait for the OKX app to install successfully. Then we will follow these steps:
Click on the app homepage — I want to buy coins (C2C buy coins) — Quick Trade — Select USDT — Purchase the amount of USDT you want — Choose payment method: Alipay, WeChat, or bank card.

After completing this step, you will have exchanged Renminbi for USDT. USDT is what you need to invest in Bitcoin, and this step of exchanging Renminbi to USDT is essential. Here, I will buy a bit more, purchasing 1000 USDT, which is about 7000 Renminbi.

Can you make money by buying Bitcoin? What are the expected returns?#

The logic of holding Bitcoin often mentions "inflation," as its total supply is limited, leading to long-term appreciation. Historically, Bitcoin has shown volatility, so it’s important to be cautious about the timing of your purchases. A drop of 50%-80% from the peak is normal, and buying at the lows may yield potential gains.

Is it a good time to buy Bitcoin now? What is the best time to buy?#

It is recommended to start buying when the price has dropped by 50% from the peak and to fully invest when it has dropped by 80%. Choose your timing based on your capital and risk tolerance; different amounts of capital will have different buying strategies. Those with less capital can choose their timing, while those with more capital can buy in batches. When the price is around $20,000, you can gradually purchase, or you can refer to a dollar-cost averaging strategy.

OKX Activities This Month#

What to do if the price of Bitcoin is too high?#

Bitcoin is divisible, and you can purchase as little as 0.01 or even less. Don’t worry about not being able to afford it; the key is how much you are willing to buy.

Didn't China ban cryptocurrency trading? How can you still buy it?#

The government has banned cryptocurrency exchanges, but it has never prohibited cryptocurrency trading. Currently, domestic exchanges, such as the aforementioned OKX and Binance, have completed the migration of services from overseas exchanges and are now serving Chinese users. For us, it has only raised the threshold for buying coins, such as requiring a VPN or using addresses that do not require circumvention to avoid domain blocking. The government has never prohibited individuals from investing in cryptocurrencies, and personal investment in Bitcoin is completely legal. However, be sure not to borrow money to trade cryptocurrencies, as the risks are high.

Is it safe to buy Bitcoin? Will the exchange run away? How to store it?#

Bitcoin exchanges are stable and secure, suitable for long-term storage. For beginners, keeping it on the exchange is safer and easier to operate.

Is it troublesome to cash out after making money in the crypto world?#

Why do people say that cashing out from exchanges is troublesome? I doubt whether these people have ever really cashed out.

I started trading on exchanges in 2014, and I have cashed out almost every month. In the early stages, I also deposited funds, all directly linked to my domestic China Merchants Bank card, with amounts of tens of thousands each time, and it usually takes about 10 minutes to complete, without any issues. I don't know where all your problems come from.

When someone accidentally receives a suspected money laundering transaction (a few thousand yuan) during cashing out, the bank simply freezes the card for online transfers. You can verify this at the counter; just open the OKX app in front of the staff and show them your transaction history. They will just give you a brief education and let you go, and your card will be unfrozen. It’s not as scary as you say; I suspect you are just trying to scare new investors.

In conclusion, trading carries risks. If you have no trading experience and rashly enter this market, I have only one suggestion for you: start with a small amount to test the waters, level up through experience, and after going through the process three times or more, develop your own stable profit style before considering increasing your investment. Personally, I haven't deposited any funds in the last three years. If you treat trading well, making a little money for living expenses is not that difficult.

After all this, it’s better to just take action once. You can only truly understand by making a purchase. This article is just to help you step confidently into the investment journey in the crypto world. Wishing you endless profits!! 📈💰

The latest ranking of the top ten virtual currency trading platforms in China for 2025 is out 🔥【Worth saving】

【Real stories of getting rich in the crypto world】Many people ask me how I went from 0 to 11 million and then to a debt of 100,000 after years of trading cryptocurrencies.

币圈打工仔

Detailed Steps for Purchasing Bitcoin with Alipay and WeChat in China in 2025

Bitcoin has surpassed $100,000 for the first time in history! In just 10 years, it has multiplied by tens of millions of times, and only the miraculous blockchain can achieve this.#