Alipay P2P · Live USDT Rates
Alipay is one of the two dominant Chinese payment apps. CNY P2P merchants quote Alipay alongside WeChat Pay — instant settlement via the Chinese banking system.
AlipayP2P · per-exchange & fiat
| # | Exchange | Market | Best Buy | Best Sell | Buy ads | Sell ads | Total ads |
|---|---|---|---|---|---|---|---|
| 1 | Binance | 🇨🇳USDT/CNY | ¥6.80 | ¥6.78 | 986 | 1.1K | 2.1K |
| 2 | Htx | 🇨🇳USDT/CNY | ¥6.78 | ¥6.79 | 619 | 807 | 1.4K |
| 3 | Gate | 🇨🇳USDT/CNY | ¥6.78 | ¥7.00 | 517 | 581 | 1.1K |
| 4 | Okx | 🇨🇳USDT/CNY | ¥6.79 | ¥6.81 | 177 | 97 | 274 |
| 5 | Binance | 🇭🇰USDT/HKD | 7.88 | 7.71 | 32 | 31 | 63 |
| 6 | Bybit | 🇭🇰USDT/HKD | 6.26 | 8.61 | 11 | 18 | 29 |
| 7 | Binance | 🇬🇧USDT/GBP | £0.75 | £0.81 | 7 | 10 | 17 |
| 8 | Htx | 🇺🇸USDT/USD | $1.00 | $1.20 | 2 | 3 | 5 |
| 9 | Htx | 🇭🇰USDT/HKD | 7.81 | 7.67 | 1 | 3 | 4 |
| 10 | Binance | 🇵🇰USDT/PKR | ₨330.00 | ₨278.50 | 1 | 3 | 4 |
| 11 | Binance | 🇸🇦USDT/SAR | 4.40 | 3.81 | 1 | 3 | 4 |
| 12 | Htx | 🇷🇺USDT/RUB | — | ₽81.00 | 1 | 3 | 4 |
| 13 | Binance | 🇯🇵USDT/JPY | — | ¥140.70 | 1 | 2 | 3 |
| 14 | Htx | 🇵🇭USDT/PHP | — | ₱50.09 | 1 | 1 | 2 |
| 15 | Htx | 🇰🇿USDT/KZT | — | 550.00 | 1 | 1 | 2 |
| 16 | Htx | USDT/TWD | — | 28.00 | 1 | 1 | 2 |
| 17 | Htx | 🇮🇳USDT/INR | — | ₹135.81 | 1 | 1 | 2 |
| 18 | Binance | 🇻🇳USDT/VND | — | ₫25,084.00 | 1 | 1 | 2 |
| Σ | Total · 18 (exchange, fiat) combos | — | — | 2.4K | 2.7K | 5.0K | |
About Alipay on P2P
Alipay is one of the two dominant Chinese payment apps. CNY P2P merchants quote Alipay alongside WeChat Pay — instant settlement via the Chinese banking system.
P2P trading via Alipayworks like every other rail: the exchange escrows the seller's USDT, the buyer sends fiat through Alipay off-platform, and once the seller confirms receipt the crypto releases. Counterparty risk lives on the Alipayside — chargebacks, account holds and KYC mismatches are the failure modes. Always check the merchant's completion rate (>98%) and order count (>1000) before committing.
On OpenRate we currently track 5,012 Alipay P2P ads across 5 exchanges and 13 fiat markets. The deepest liquidity is in CNY, HKD, GBP — sort the table above by total ads to see which (exchange, fiat) combo has the most active merchants right now.
Frequently asked questions
How do I buy USDT with Alipay?+
Open a P2P market on any exchange (Binance, Bybit, OKX), filter the payment-method dropdown to Alipay, pick a buy ad with a high-completion-rate merchant, and start the order. The exchange escrows the seller's USDT; you send fiat via Alipay off-platform; the seller confirms receipt and the USDT releases. Typical settlement is 5–15 minutes.
Which P2P exchange has the best Alipay rates?+
Across the 5 exchanges where Alipay is currently active, Binance, Bybit, Gate, Htx, Okx carry the most Alipay ads. Rates differ by 0.1–0.5% between venues; this page shows the live prices side-by-side so you can pick the tightest spread.
Is paying with Alipay on P2P safe?+
Yes — the platform escrows crypto until both sides confirm fiat settlement. Counterparty risk is on the Alipay payment rail (chargebacks, account holds), not on the exchange. Always verify the merchant's completion rate (>98%) and order count (>1000) before committing capital.
Why are Alipay P2P spreads tighter than non-China rails?+
Alipay is one of the two dominant Chinese payment apps. CNY P2P merchants quote Alipay alongside WeChat Pay — instant settlement via the Chinese banking system.
What fiats can I use with Alipay?+
Alipay is currently active across 13 fiat markets on the exchanges we track, with the deepest liquidity in CNY, HKD, GBP. The full per-(exchange, fiat) breakdown is in the table above.