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How to Buy Bitcoin With Google Pay
Nowadays, Bitcoin trading platforms accept a wide range of fiat payment methods. You can use them to deposit fiat money (such as USD, GBP, or EUR) into your account and buy Bitcoin and other available cryptocurrencies. If you have a Google Pay account and are looking for a quick and easy way to invest in Bitcoin, you’ve come to the right place.
In this guide, we’ll show you some of the top Bitcoin brokers that accept Google Pay. We’ll discuss how these brokers work and how to use Google Pay to buy Bitcoin. We’ll also point out some of the significant advantages and disadvantages of using this payment option while suggesting the best alternatives to Google Pay as well.
In-app, online and in-person contactless purchases on mobile devices are supported by Google Pay, which allows customers to make payments using Android phones, tablets or watches.
| Exchange | Why we like it | Best for |
|---|---|---|
| Coinbase | – User-friendly interface – Native crypto wallet – Earn interest on your crypto – Low account minimum | Beginners looking to trade large-cap coins. |
| eToro | – Access stocks and crypto in one place – Copy the trades of experts – Regulated by global bodies – Access Bitcoin Spot ETF | Investors who want to buy crypto and stocks. |
| Kraken | – Cold wallet storage – Trade with leverage up to 5x – Advanced traders can access – Kraken Pro with sophisticated trading tools – Over 200 cryptocurrencies available | Advanced traders who are interested in margin trading. |
| Crypto.com | – Excellent mobile app – Users can receive trading discounts by holding CRO – Native decentralized wallet – Over 250 cryptocurrencies available | Traders who want to manage their portfolio on their mobile phones. |
| Binance | – Over 500 cryptocurrencies available – Extensive range of educational materials – Automated trading | Users who are looking to build a diverse portfolio with lots of different cryptos. |
What Is a Google Pay Bitcoin Broker?
A Google Pay Bitcoin broker is an online cryptocurrency trading platform that accepts Google Pay as a payment method for deposits and withdrawals.
To buy Bitcoin with Google pay on one of these platforms, you need to open an account and fund it with fiat money (such as USD, GBP or EUR). To do that, it’s essential to use reliable fiat payment options — such as Google Pay.
Google Pay is an online payment system owned by Google. It’s also a type of digital wallet that powers online, in-person, and in-app purchases. It’s available only to people who have Android phones, tablets, or watches. This service was formerly known as Android Pay, but it has merged with Google Wallet to create a unified app branded as Google Pay (or simply, G Pay).
What Crypto Platforms Accept Google Pay to Buy Bitcoin?
A growing number of crypto platforms have started accepting Google Pay in recent years. Here are some of the best places to buy Bitcoin with Google Pay in terms of important factors such as features, fees, and security.
eToro – Reputable Platform With Unique Features
eToro has been around much longer than most crypto platforms and has gained a reputation for quality and reliability in that time. As well as crypto, eToro offers traditional instruments like stocks and ETFs. Users also get access to unique features such as Smart Portfolios, copy trading, and social trading.
The main downsides of eToro is the the trading fee is higher than many crypto platforms and it doesn’t offer as many cryptocurrencies as other platforms. eToro partnered with Google Pay in 2024, so customers can add their eToro card to Google Pay for easier checkout.
Coinbase – Easiest Way to Buy Bitcoin With Google Pay
Coinbase bills itself as the easiest way to buy crypto, and this is hard to argue with given its simple, intuitive interface and educational resources. Google Pay is available to US and European customers for making simple purchases, though they will need to use another method for depositing and cashing out.
Other accepted payment methods include cards, bank transfer, and PayPal. Although, the simple purchase fees can be a bit high, the Advanced Trade fees are pretty competitive, and Coinbase provides a range of innovative features such as Learning Rewards, Web3 access, and NFT support.
Kraken – Top Choice For Advanced Trading Features
Kraken provides an easy way to buy Bitcoin and over 200 other coins with Google Pay. But if you want to move beyond simple purchases, you’ll find everything you need on the Kraken Pro platform, from customizable charts and indicators to real-time performance monitoring. You can also easily switch between spot, margin, futures, and staking.
Uphold – A Transparent Way to Buy Bitcoin
Uphold stands out for its security and transparency. The platform is upfront about its fees and spreads when you buy and sell its 250+ available coins. It is also fully reserved, publishes all its transactions and holdings in real time, and is regulated by the FCA and FinCEN.
It only takes a few taps to buy Bitcoin with Google Pay, and if you choose to purchase any of the 32 cryptocurrencies available for staking, you’ll be able to earn up to 16% on your idle crypto holdings.
Changelly – An Instant Crypto Exchange With A Wide Variety of Coins
Changelly provides a simple way to buy, sell, and exchange more than 500 cryptocurrencies with just a few clicks. In most cases, you don’t even need to complete a KYC process first. The platform searches for the best rates on the market and provides a non-custodial service – so you’ll need to set up your own wallet first.
Trading 212 – Best Place to Trade Bitcoin CFDs
Although you can’t actually buy BTC on Trading 212, you can trade Bitcoin contracts for difference (CFDs). These are derivative contracts that enable you to speculate on the future price of BTC without owning it, but they are complex instruments that should only be used by confident traders.
Depositing to your Trading 212 account via Google Pay is free up to 2,000 GBP/EUR, and after that, you’ll be charged just 0.7%.
How to Buy Bitcoin with Google Pay?
If you’ve already used Google Pay before, buying Bitcoin shouldn’t be an issue for you. Even if you’re a first-time G Pay user, it won’t take much to understand the entire process and become a proud owner of the so-called “digital gold.”
Here’s an overview of how you can get started and buy Bitcoin with Google Pay:
Step 1: Make sure that you have Google Pay installed on your Android phone
You need to ensure you have Google Pay installed on your Android phone. If you already have it installed, continue reading, else check out this Google guide on how to install Google Pay.
Step 2: Select a broker
Pick one of the brokers from our list that meets your needs. All of them accept Google Pay for deposits.
Step 3: Open an account
Centralized cryptocurrency platforms require you to become a registered user to buy cryptocurrencies. Therefore, the next step is to go through the registration process and enter your username, email, password, and other necessary info.
Step 4: Deposit fiat money with Google Pay
Select Google Pay as your preferred payment option and proceed to deposit money. Make sure your Google Pay account is connected to your preferred debit card or Google wallet with some funds in it.
Step 5: Buy Bitcoin
Once your fiat funds have been added to your account balance, you need to select Bitcoin and purchase it. Brokers have made this process fast and straightforward, so you won’t need more than a couple of minutes to become a Bitcoin owner.
Use Google Pay with eToro
How to Deposit and Withdraw via Google Pay
To buy Bitcoin with Google Pay, you need to load your account with fiat money, and that’s where Google Pay comes into play.
Here’s what standard deposit and withdrawal processes look like for online Bitcoin brokers.
Deposit
Every platform has a somewhat unique deposit process so the process might vary depending on the Bitcoin platform you choose. That said, here are some general guidelines that should make the entire procedure clear.
Step 1: Sign in
Log in to your account.
Step 2: Select Google Pay as a preferred deposit option
Go to the Payment page and select Google Pay as a preferred deposit option.
Step 3: Proceed with the transaction
Enter the amount of money you’d like to deposit and proceed with the transaction.
Step 4: Confirm the transaction
Confirm the transaction using your Google Pay app.
Step 5: Buy Bitcoin
Start buying Bitcoin with your newly added funds.
Google Pay is an instant payment method, meaning your deposit should be available seconds after the transaction has been confirmed. It is also worth noting that you don’t need a Google wallet to deposit funds to the Bitcoin exchange.
Withdraw
Google Pay cannot accept cryptocurrencies by itself. Therefore, you can only use Google Pay to withdraw fiat funds from your broker account.
This is a reasonably easy procedure, and it’s similar on most online brokers. Here’s how to get started with funds withdrawal:
Step 1: Logging in
Log in to the platform.
Step 2: Select Google Pay
Go to the Banking page and select Google Pay as your preferred withdrawal option.
Step 3: Enter the amount
Enter the amount of money you’d like to withdraw.
Step 4: Proceed with the transaction.
Proceed with the transaction.
If you’ve already connected your Google Pay account once you’ve deposited funds, you probably won’t have to take any additional steps.
Also, please note that some brokers might accept Google Pay deposits but not withdrawals. Make sure you have your card or Google wallet connected to your Google Pay so that the funds can land in the appropriate account.
Therefore, if you intend to withdraw fiat money via Google Pay, make sure to check whether that’s possible in the first place.
How do I Redeem my Google Play Balance?
Open the menu by tapping the three horizontal lines in the top-left corner, then select “Payment methods.” Locate your available balance under “Google Play balance.” To make a purchase using your balance, choose the desired item, and proceed to checkout.
Can I Convert My Google Play Balance to Cash?
Access “Google Play balance,” tap “Withdraw funds,” and choose the desired transfer amount. Pick your bank account from the available options or add a new account if it’s your initial transaction. Follow the provided prompts to finalize the withdrawal process.
Can I Buy USDT With Google Play Card?
To purchase USDT with your Google Play balance, you will need to use a P2P (peer-to-peer) cryptocurrency marketplace that allows sellers to accept a Google Play Gift Card as a payment method.
How Do I Buy Bitcoins With Google Pay on Binance?
Once logged into your Binance account, navigate to Buy Crypto, choose Credit/Debit Card, specify the cryptocurrency and fiat currency, enter the purchase amount, and click Continue. Opt for Google Pay as your payment method and proceed by clicking Continue.
What Can I Use Google Pay to Buy?
Google Pay is accepted at numerous locations, more than you might imagine—millions, to be precise. It works in select supermarkets, pharmacies, restaurants, clothing stores, gas stations, beauty shops, and other retailers that accept mobile payments.
What Should I Look For When Buying Bitcoin with Google Pay?
We made sure to pick the best Google Pay Bitcoin brokers for you. Still, if you decide to do some research yourself, here’s what you need to pay attention to.
Security: The broker needs to provide maximum security to all users and protect their funds and sensitive data. Moreover, it needs to make sure all its operations are protected from cyberattacks. Top security features to look out for include 2FA, cold storage, address whitelisting, and insurance.
Speed: Some brokers are faster than others, and speed is critical in the fast-paced world of online cryptocurrency trading. Therefore, you want your broker to be as fast as possible in every possible sense.
Ease-of-use: You want to select a trading platform that you feel comfortable using. If you’re new to the world of cryptocurrency trading, you should pick a beginner-friendly broker for starters. Feel free to compare the brokers’ features on this page and choose the one that has the interface that suits you.
Fees: Like it or not, all Bitcoin brokers charge for their services. Usually, these are low fees but apart from trading fees, some might charge deposit and withdrawal fees too. Try to find the best price/quality ratio for your budget.
Remember, every broker has limits as to how much you can deposit, withdraw, and trade. Ideally, you want to find a broker that features low minimum and high maximum limits.
Should I Buy Bitcoin Using Google Pay?
Google Pay is fast, secure, and convenient. However, it also has some downsides, so we’ve decided to list all the advantages and disadvantages of using this payment method.
Pros & Cons
- Fast — All transactions using Google Pay are instant. Once you initiate a deposit, your funds will become available in your broker’s account in no time.
- Convenient — Google Pay is designed to make payments easy, so you won’t have any trouble understanding how to use Google Pay for online transactions.
- Secure — Google is one of the most powerful tech companies in the world, so it’s no wonder it has implemented state-of-the-art security protocols to ensure the highest possible level of protection for Google Pay users.
- Not accepted on all brokers — Even though Google Pay is popular, it’s nowhere near some older payment methods, such as credit cards. As a result, there are fewer brokers that accept it for deposits and withdrawals.
- Only available to Android owners — Google Pay is only available if you have an Android device and a Google account. If you’re not using either of those, you won’t be able to use this service.
Is Using Google Pay the Best Method to Buy Bitcoin?
Google Pay is an excellent payment method, but we wouldn’t go as far as to call it the best for buying Bitcoin.
The main reason for this is that it’s still not accepted by many Bitcoin brokers, so you’ll have to look for an alternative if the broker of your choice doesn’t offer Google Pay.
The good news is that all platforms listed on this page accept Google Pay.
What to Consider when Buying Bitcoin with Google Pay
Google Pay is one method to buy Bitcoin, even if it is not the most straightforward. You have more options for cryptocurrencies when you pay with a credit card, debit card or bank transfer. But you can still buy BTC with Google Pay.
Even though the Google Pay transaction itself is quick, the registration process will probably take some time. This is because you need to comply with KYC standards. The KYC process requires you to prove your identity and address before you are approved by the platform.
What Are the Alternative Payment Methods to Buy Bitcoin with?
If you want other payment methods for buying BTC, here are some alternatives you should consider:
PayPal: PayPal is the most popular digital wallet in the world, and it’s accepted by several online crypto trading platforms. It offers fast and secure payments and even accepts cryptocurrencies as of recently. Check out our guide to buying Bitcoin with Neteller to see which money transfer service you prefer. You can also use other mobile apps to buy crypto.
Apple Pay: Apple is Android’s main competitor. Therefore, Apple Pay is also competing with Google Pay for its share of the market. If you’re an Apple device user, it makes much more sense to use Apple Pay. Check out our guide to buying Bitcoin with Apple Pay.
Credit cards: Credit cards are the most popular online payment method, so it’s no wonder that most online cryptocurrency trading sites accept them. The most popular credit cards are Visa and Mastercard, followed by American Express and Discover. You can also buy BTC with your debit card.
Final Thoughts on Buying Bitcoin with Google Pay
To sum up, Google Pay is a popular payment method used for deposits and withdrawals on online Bitcoin brokers around the world. It’s fast and secure — however, it’s not accepted by some platforms.
If you’re ready to make your first Google Pay deposit and buy Bitcoin, check out our list of the best G Pay Bitcoin brokers.
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FAQs
Can I buy Bitcoin with Google Pay anonymously?
You cannot. Google Pay requires you to leave personal info and make an account. On top of that, you’ll have to reveal your identity when registering on a centralized cryptocurrency trading platform.
How fast is buying Bitcoin with Google Pay?
Google Pay transactions are usually instant, but buying Bitcoin might take some time (up to 30 minutes). Still, it’s safe to say that it’s pretty fast.
Do I need a crypto wallet to buy Bitcoin with Google Pay?
To withdraw cryptocurrencies from your balance on the trading platform, you’ll need to use an appropriate crypto wallet, as Google Pay cannot process digital currencies.
Are fees low when using Google Pay to buy Bitcoin?
Yes, Google Pay’s fees are relatively low. However, please note that the broker may impose additional fees for buying Bitcoin.
Can I hold cryptocurrency in my Google Pay account?
Right now, Google Pay doesn’t accept cryptocurrencies. It’s a fiat payment method. So you will have to sell Bitcoin for fiat currency first and then withdraw your funds to the Google Pay app.
Can I buy other cryptocurrencies using Google Pay?
Yes. If the broker of your choice features cryptocurrencies other than Bitcoin, you can easily buy them using Google Pay.
Can I buy Bitcoin with Google Pay instantly?
Even though Google Pay is instant, you’ll still need up to half an hour to process Bitcoin payments, so the answer is — you can do it almost instantly.
Is Google Pay the easiest way to buy Bitcoin?
It’s one of the easiest ways, but there are also several other payment methods you can use to buy BTC around the world. These include PayPal, Apple Pay, credit cards, bank transfer, and more.
Can I buy Bitcoin with Google Pay on Coinbase?
Yes, you can. Simply sign up or log in to your account and deposit funds using the Google Pay option. Make sure you have a card connected to your Google Pay to fund the transaction.
Do I need a Google wallet to buy Bitcoin using Google Pay?
Not necessarily. You can connect Google Pay to your debit card directly which means your funds will be taken out from your debit card instead of the Google wallet app.
Here are some more ways to buy Bitcoin
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