Bitcoin Forum

it's a real question because i see many other payment method from isolate country ... and aliexpress don't allow paypal.
so bitcoin is more competitive for fees (and chargeback, too).

 :)

 ;D and the 24h to verified the credit card payment is ... you see what i mine ...  :D

They have their own payment system. They own little paypal.

Today do not using. But surely will use in a near future.

Adding Bitcoin on Aliexpress won't work with their policy I guess mate . As we all know that Bitcoin is irreversible once you do the transaction . so basically if you send BTC to the seller It's done . there is no way you can claim your buyer protection to be extended or do Chargeback even if the seller don't send the goods .

~ Madness

But paypal is accepting BTC so they should too soon.

That is where an escrow service comes in handy?
There are more ways to do so, with btc it could be easyily setup. Aliexpress could accept the payments and pay the merchant through their own creditcard service?
If all needs to be reversed they fix it with the merchant and then pay back the bitcoins?

It would be great though, got some great deals and looking for more :)

Dont they already have something called Alipay ? And just like you would argue for any other store to accept bitcoin, aliexpress already has more options for payments than most of the other marketplaces.

Correct.  They have their own payment system called Alipay, which is why they don't incorporate Bitcoin:

http://global.alipay.com/ospay/home.htm

They'd be cannibalizing their own product by doing so.  If and when Bitcoin approaches their level of transaction volume, I'm sure they'll consider adding it as an option.

we're probably gonna get added once bitcoin shows the world how amazing it is :>

Considering the opposition faced by Bitcoin in China, it is not surprising to see major Chinese retailers such as Alibaba / Aliexpress avoiding BTC payments. Hopefully they will reconsider their decision in a few years.

Aliexpress use always an Escrow (it's not alibaba !).

So, you can have a complete recovery of fund if you don't receive the item ... or a partial refund if the item is not the descripted indicate on the action.

Aliexpress is like ebay but without paypal (job do by aliexpress in internal).

i believe it is matter of time and it will have crypto currencies system installed in it.

yes, i think too ... when i read "so, the 50% hashrate of bitcoin is located in China, now ... in 2015".

 ;D things doesn't append by error ...

Basically because they already have their own payment system/processor? The alipay is what they call it afaik.

6 years in. I think we are already past that phase now. Its just the volatility which keeps the people out from investing into it.

they don't work with shits :)

they want real cash not "bitcoin". same for others. do you really think that a big company needs BTC? hahah

even they accept bitcoin(because it's trendy) they don't own it. they get cash from an exchange like Bitpay.

they don't need complications and why would they need BTC? BTC market is TOO small. up to 1.5 mil users and only up 100.000 regular users.

a medium online referral program has more members :)  

let's not forget that wordpress doesn't accept BTC anymore. they only got up to 1-2 BTC payments per week... YES, 1-2 payments/weekly. :)

BTC market is a joke. it's only propaganda and nothing more.

Worldpress, what the fuck is that?

http://i1.kym-cdn.com/photos/images/original/000/168/900/9bc.gif

I have been looking at aliexpress for a while, is it pretty safe to buy stuff from there? I ask because alibaba looks sketchy some time and they are the same company.

They can add a Escrow feature like ebay

But if the Seller claim that he sent the goods and the buyer claims that he didn't receive the goods during two months (buyer protection length) , how an Escrow is going to solve this problem ? I don't see any solutions for that .

~ Madness

it is always a risk, but aliexpress has buyer protection. I have orderd a few things and they all deliverd. Did order some stuff yesterday, it takes a while to get here, but the price makes the wait worth while!

That happens with ebay too , Collateral damage i think

Thanks  might look into buying stuff there to test it out.

You could send Bitcoin to aliexpress, you will get your goods then they will pay the seller.

That is one of the main issues with bitcoin, I believe that when the price becomes super stable like most currencies the acceptation rate will grow substantially.

Not yet.

Well actually if a company does wish to accept, then the first thing they do is convert it to fiat instantly through services like bitpay. Almost none of them hold the coins.

Well that is a problem for main stream acceptance if no companies want  to hold it.

where at???

Aliexpress

They do not accept bitcoins
The topic is about why don't they accept bitcoin
but then again if you're buying with other payment , good luck, though it was irrelevant to say thank you there if you arne't buying from btc

Is there any way to buy from Aliexpress with bitcoin because i would love to bought some chineese
electroinics and sell them in my country please help !

Hi there , I think you can buy paypal then buy from them but not sure !

Don't be dreaming, dude, aliexpress even doesn't allow bitcoin exchange within their business, because china gov ban it

China hasn't banned btc as of yet

It's actually pretty funny the Chinese government wants people to think that Bitcoin will be continually be banned, when in reality China "controls" Bitcoin:

https://www.cryptocoinsnews.com/china-now-controls-bitcoin-thats-just-beginning/

For all the propaganda speak, politics, regulatory hurdles, etc 80% of all Bitcoin exchange volume in the world is traded by the Chinese Yuan...think about that.

I remember alibaba used bitcoin,but stopped accepting because of china,and aliexpress is owned by alibaba

You could say the same for Alibaba. It technically would be the sellers option if you wanted to do an offsite exchange for bitcoin, but it would be more of a risk.

aliexpress doesn't even use paypal, but I hope that we can see them accepting bitcoin soon,when bitcoin is widespread

Many stores domt accept bitcoin yet, but eventually it will be the norm to buy and sell with bitcoin online.

its because china did not accept bitcoins official yet so , if they accept its sure tgey will become popular and China will ban bitcoins

aliexpress is no.1 china website

I checked aliexpress, their range of products are nice but the prices are horrible are not competitive at all. With high prices like that I wonder why people are using their services at all. I do not care whether expensive shop like that will start accepting bitcoin or not.

They will end up adopting it forced by the competition as the rest keep accepting it. Paypal is already in.

alixepress has alipay which is good and all but implementing bitcoin wouldn't really be their top priority. The company is already one of the largest in the world and bitcoin does well usually for smaller companies. However aliexpress doesn't accept the payment methods I like to use, so btc would make the site much more useable for me.

AliExpress is part of Alibaba group marketed more at international clients. But its base of operations is still in China. While bitcoin is not 'banned' in china as yet. Alibaba group is expecting that it could be indeed happen in the future. As chinese government is a whimsical about this since long time ago. That is mostly the reason they are not open to bitcoin transactions yet.

I can use my bitcoins on AliExpress, but only because I use my Xapo Debit Card, which is loaded with Bitcoins. However, it would be pretty neat if they added a Bitcoin option.

But this is not "bitcoin", it just adds 2 steps in paying with bitcoin. btc->card and card->aliexpress with probably a total of 5% fees along the way.

They could still accept it in the meantime. It shouldn't be that difficult (or costly) to add it as an option, and I'm sure it would pay for itself long before a ban came (if it ever did). I really don't think China will do a full ban on cryptos.

Well since crypto is not central you can't really ban it, but you can ban the exchanges so the chinese would only be able to send it back and forth. Accepting it is a big operation, you have to figure out how to convert the funds and send it along..

I wonder if China has a form of Bitpay/Coinbase? That may be where the issue lies, come to think about it. I wasn't thinking about having to sell the coins/convert them as part of the process. If they had a system like those, that may alter their decision.

Don't think anyone has the balls to set one up, if china bans it your money is gone, well at least your bank accounts which probably will have lots in them

Well, think about it like this. If China doesn't have regulation around cryptos yet (I don't believe they do, in terms of barrier to entry), it should be cheap to set up a service.

The service can mitigate risk by charging fees. In the US, we're looking at what, 0.5%-1%? But that's due to the amount of competition. In China, this is mitigated, so a higher fee can be warranted. Even a 3-5% fee would likely be better than what they have.

That money should offset any potential issues in the future. I think if someone did things smart, they should be able to create a viable system.

The political situation in China doesn't allow anyone to predict what's going on next especially with financial means
Nobody knows what the government will do next, and if they see a threat they can ban a currency or prohibit anything in just a moment

I remember months ago China shut down some exchanges I think and they said something about prohibiting bitcoin in the future. For example if using a computer is legal now, but the government is threatening to ban computers, would you open up a computer shop?

Sure not

Yep aliexpress doesn't even use paypal which is what I primarily use for purchasing things. They have some weird bank transfer things but it makes it much harder for me to purchase things. I'd be happy with either paypal or btc.