Cryptocurrencies are finally getting the attention they deserve!
After undergoing several phases, an increasing number of individual and online merchants now accept Bitcoin and Altcoin crypto as a form of payment.
The adoption seems to be on the rise as offline stores are also accepts cryptocurrency as a method of payment.
However, Bitcoin payment method is yet to be accepted by the largest e-commerce giants like; Aliexpress (owned by Alibaba) and EBay.
Amazon has another subsidiary that is known as Amazon Pulse, which accepts only crypto as its own method of online payment.
Aliexpress being the biggest e-commerce platform, manufacturers and buyers use them often.
Despite the popularity, it only accepts fiat currencies as payment options.
Despite not having cryptocurrency as one of the payment options, people can still use Bitcoin to purchase products on the shopping platform.
This is possible, because some vendors accept BTC in exchange for virtual debit cards or gift cards, which can, in turn, be used to buy goods on Aliexpress.
In this guide, am going to show make Aliexpress pay with crypto using Bitcoin as method of payment on the e-commerce platform.
Let’s begin…
Ways to make Aliexpress Bitcoin payment
Although you can’t use BTC to pay for products directly on Aliexpress, these methods are only available for you to use instead of fiat currencies.
1. Shopping gift cards
You can exchange cryptocurrencies (like; Bitcoin, Ethereum etc.) for gift cards, which are acceptable by merchants on Aliexpress.
Gift cards have been around for a while, and they can be redeemed as cash, and that’s the reason merchants accept it as a reliable payment method.
If you wish to convert your gift cards to Bitcoin, then read my guides on how to get iTunes, or Amazon gift cards with BTC instantly.
2. Third-party services
There are third-party services online that services as intermediaries to these top shopping platforms to accept crypto payments on their behalf.
This way allows you to make payment for items with your cryptocurrency investment.
One of the these kind of service is Shopping.io, which was established in December 2020 to help collect Aliexpress Bitcoin payments.
It was founded by dropshipping veterans with a vision to make purchases and Aliexpress pay with crypto.
This platform allows you to buy items online from your favorite stores with crypto-coins.
3. Bitcoin debit cards
You can fund your debit cards with Bitcoin, using a provider that automatically changes it to fiat currencies when making purchases.
These debit cards allow you to shop items on Aliexpress using Bitcoin, as these debit cards can either be real or virtual.
There are numerous Bitcoin debit cards that convert the cryptocurrency to fiat currencies at the point of checkout.
You can use any Bitcoin debit card to pay for goods on Aliexpress and other e-commerce platforms like Amazon.
What is Aliexpress?
Aliexpress is an online retail service launched in 2010, and owned by the Alibaba Group.
The platform is made up of small businesses in China and other regions, which offer products to international online buyers.
Aliexpress is generally a popular online store for buying products at much cheaper prices than Amazon and other similar services.
Can I use Bitcoin on Aliexpress directly?
Overall, Alibaba group does not accept Bitcoin, or any other crypto directly on Aliexpress as payment method, but you can make use of the methods earlier.
Why are Aliexpress items so cheap?
Unlike Amazon, majority of merchants selling products on Aliexpress are in China, while sourcing their merchandise directly from Chinese manufacturers.
Hence, costs are kept down and they can afford to offer free or very cheap shipping as well.
Is it safe to buy from Aliexpress?
Aliexpress guarantees that if your product doesn’t arrive on time, or as described in the listing, you can get a full refund.
Contrary to popular belief, buying from AliExpress is very safe.
In fact, it’s probably safer than shopping from eBay, because of their buyer protection.
Can you get scammed on Aliexpress?
Aliexpress offers some really good deals, but not all products can be to be legit.
There are all sorts of counterfeit items – from electronics to clothing.
Some merchants have also been known to defraud buyers by tricking them into paying before they receive an item.
Final thoughts
Bitcoin is slowly gaining adoption in the e-commerce space, but yet to be adopted by the most prominent players like; Aliexpress and Amazon.
Despite the fact that it’s still not available, people can still pay for goods on Aliexpress with BTC using either Bitcoin debit cards, gift cards or intermediary services.
The cryptocurrency is converted to fiat currencies at the point of checkout, making it convenient for all parties involved.
Don’t leave your cryptocurrency in an exchange wallet, as they are most target for hackers, who steal people’s investment with viruses.
Get yourself a hardware wallet (like; Ledger Nano X/S), but if you don’t want to spend that much in securing your money, you can still use a mobile hot wallet.
Since doing shopping online is a public practice, it’s also very good to hide your transaction footprints with a secure VPN.
If you don’t know the best Virtual Private Network to use for all of your transactions, you should read my guide on the best VPNs for crypto.
