How to use Google Pay to buy crypto
It is common knowledge that you can use Google Pay (G-Pay) to buy goods and services in several stores, physically and online. But did you know that you can use this mobile payment service to buy crypto?
Although Google Pay is not the most secure payment method for buying crypto assets, it is one of the fastest, easiest and most convenient. So how can you use G-Pay to buy digital assets?
Which cryptos can you buy with Google Pay?
Because Google Pay is only a payment service, you can’t use it to buy crypto directly. You must purchase these digital assets through a cryptocurrency wallet or trading platform that supports G-Pay.
The cryptos you can buy with this payment method will depend on your chosen wallet or crypto platform. For example, Binance supports crypto purchases with Google Pay and offers over 300 coins. You can buy Bitcoin, Ethereum, Binance Coin, TetherUS and over 300 other cryptos with G-Pay on Binance.
Similarly, you can use Google Pay on Metamask to buy many cryptos across many blockchain networks, including Ethereum, Binance Smart Chain and Polygon.
You will usually be able to buy high-profile cryptos, such as Bitcoin, Ethereum, Bitcoin Cash and Litecoin, on all exchanges and wallets that support the purchase of digital assets from G-Pay.
Which crypto exchanges support Google Pay?
Several reputable and safe cryptocurrency trading platforms enable crypto purchases using Google Pay, including the following:
These exchanges allow you to make fiat deposits using G-Pay to fund your crypto purchases. They also support G-Pay for direct crypto purchases – using fiat to buy crypto. Some platforms, such as Binance.US, even allow you to set up recurring crypto purchases using Google Pay.
Alternatively, you can use a self-service wallet like Metamask to buy crypto using Google Pay. This will be useful if you use decentralized crypto trading platforms like Uniswap and PancakeSwap and want to avoid buying digital assets from centralized exchanges.
When choosing an exchange, pay attention to the specifications and fees. For example, Binance.US only supports G-Pay purchases funded by a debit card. And each platform determines its prices.
Please note that Google Pay does not charge fees for using the payment service.
How to buy crypto with Google Pay
To use this payment method, you need a Google Pay account. How to make one.
- Go to pay.google.com and sign in with a Google account. Alternatively, you can click on “Create Account” if you do not have an account.
- After logging in, you will be redirected to the G Pay home page, where you will be asked to add a payment method.
- Enter your credit or debit card details and click “Save”.
- You can add as many payment cards as you want. In this way, you can easily use the appropriate one – credit or debit.
If you already have a Google Account signed in on your mobile device, you can go to the “Manage your Google Account” tab. Here you can manage your G-Pay account, connect and remove cards. Alternatively, if you’re in a supported region (check Google’s list of supported regions), you can use the Google Wallet app to manage your G-Pay account.
After setting up your G-Pay account, you can now use this payment method when buying crypto with an exchange or wallet that supports Google Pay. We use Binance to demonstrate the necessary steps:
- After logging into your Binance account, click “Buy Crypto” and select “Credit/Debit Card”.
- Choose the crypto you want to buy and the fiat currency you want to use to pay and enter the purchase amount. Then click “Continue”.
- Select Google Pay as the payment method and click “Continue”.
- On the next page, check all the details and click “Confirm” if everything is fine. Make sure you’re signed in to your Google Account before verifying.
- In the next window, when Google Pay displays the available card options, select one and complete the payment.
- After processing the payment, you would have bought crypto with Google Pay!
Buy crypto easily using Google Pay
With Google Pay, you can pay for digital assets on multiple crypto trading platforms and wallets. The payment service stores your credit and debit cards securely and offers a convenient shopping experience. And G-Pay doesn’t charge you any extra fees beyond what you incur from your service provider.
Still, don’t forget to check the exchange’s specifications for using Google Pay to buy Bitcoin and other cryptocurrencies.
