Before you start crypto trading, discovering the available payment options is essential. Several reputable crypto exchanges offer multiple trusted payment gateways to enhance the security and tracking of your transactions. Buy Bitcoin with Google Pay is such an option serving crypto traders worldwide.
Google Pay offers the ease and security of buying BTC and other cryptocurrencies. It allows users to utilize (store) credentials of both credit/debit cards and bank accounts. In other words, you can buy BTC with Google Pay using your credit card and a bank account.
Cryptocurrency exchanges provide mobile or wallet apps supporting Google Pay to buy BTC or other cryptocurrencies. But make sure to set up Google Pay on your device as a viable form of payment before buying BTC or other digital assets.
Before using Google Pay as a payment method, remember a few things about the service:
- There are no additional fees for Google Pay if you choose to pay with an available (current) balance or via a debit card.
- A minimum transaction of $1 via Google Pay is possible, a weekly maximum of $20,000, and a $25,000 total balance. Adding a minimum of $10 to your Google Pay balance is allowed.
- With Google Pay, you can deposit up to $20,000 weekly to your bank account or a debit card.
- Google Pay may be available on some specific exchanges.
After learning the key points of Google Pay service, you can now use any reputable crypto platform to buy BTC instantly with Google Pay and transfer those assets to your digital wallet immediately. Many mobile and Wallet apps are compatible with Google Pay, ensuring you have all the tools to initiate your crypto business.
How can I Buy Bitcoin with Google Pay?
Buy Bitcoin (BTC) with Google Pay is almost globally available, provided your jurisdiction supports this payment method. You can also trade for other cryptocurrencies and digital assets using Google Pay. Ensure that you use eligible bank cards linked to your Google Pay account when buying BTC or any other cryptocurrency.
Buy Bitcoin with Google Pay using the CEX.IO Mobile app
You can start your crypto journey with CEX.IO’s mobile app, which offers a user-friendly interface. It has made the process of buying BTC using Google Pay very handy for even beginners. However, you must first set up Google Pay on your mobile device.
Once you’ve done setting up Google Pay as your payment gateway, follow the below steps to buy BTC using Google Pay in your CEX.IO mobile app:
- From the home screen of your mobile app, set BTC as the cryptocurrency to buy and select the fiat currency to be exchanged.
- After that, click pre-selected amounts or enter the amount you want to purchase manually.
- Click the button “Buy Now”
- Select Google Pay as your payment gateway.
Here you go; it’s done.
Buying BTC or Other Cryptos with Google Pay Charge Extra Fees?
Google Pay stores your debit/credit card or bank account-related information but does not charge you any additional fees except those charged by your payment provider.
For example, the credit card you are using may charge you a small fee on transactions exceeding specific amounts or across a certain boundary, and such fees could vary for any transactions you do with a Google Pay account.
However, any transactions made with a debit card connected to Google Pay should not cost you such additional fees. Please note that there is no fee to use Google Pay to buy BTC or other cryptocurrencies, but the commissions will still apply to any crypto transactions.
What are the Benefits of using Google Pay to Buy BTC?
People using Google Pay for crypto trading or buying BTC enjoy the following benefits offered by Google Pay:
- Store debit/credit card or bank account information
- Globally online trading facility
- Control over the payment process
- Fast and secure transactions
- No hidden fees
Who is eligible for this?
The users who:
- Trade with a compatible Android device
- Having a locally-issued Visa/Master card in a Google Pay account.
- Living in a jurisdiction that supports this trading facility
Why did your request to buy BTC with Google Pay fail?
There is no single reason behind the failure of request when you buy BTC with Google Pay. Check out some of the possible causes below:
- The price may be timed out. Knowing that the time of around 15 seconds is essential to confirm your purchase. This time also depends on your network connection. The variation of a few seconds is possible.
- Your purchase limit was exceeded or below the minimum amount possible.
- You are not transacting with eligible credit/debit cards in your Google Pay account. Add another locally-issued card to complete your trade.
- Your card issuer agency may have declined such a transaction you were making.
If you don’t fall into the above scenarios, or if there is some other problem with your crypto purchase with your Google Pay account, please contact the provided Customer Support Team. The team may ask you to provide the transaction’s date, time, and approximate value, so have this information written or handy before you contact them. Such details allow them to rectify the problem and assist you better in a better way.
List of the countries that support Google Pay
Trading crypto or any digital asset via Google Pay is now available worldwide. Discover your country in the following list of states that have authorized Google Pay facilities:
- Albania,
- Algeria
- American Samoa
- Angola
- Antigua and Barbuda
- Argentina
- Australia
- Austria
- Azerbaijan
- Bahrain
- Belarus
- Belgium
- Brazil
- Bulgaria
- Canada
- Chile
- Colombia
- Croatia
- Czechia
- Denmark
- Dominican Republic
- Egypt
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- India
- Indonesia
- Ireland
- Israel
- Italy
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kuwait
- Latvia
- Lebanon
- Lithuania
- Luxembourg
- Malaysia
- Mexico
- Netherlands
- New Zealand
- Norway
- Oman
- Pakistan
- Panama
- Peru
- Qatar
- Philippines
- Poland
- Portugal
- Qatar
- Romania
- Russian Federation
- Saudi Arabia
- Serbia
- Singapore
- Slovakia
- South Africa
- Spain
- Sri Lanka
- Sweden
- Switzerland
- Taiwan
- Thailand
- Turkey
- Ukraine
- United Arab Emirates
- United Kingdom
- Uruguay and
- Vietnam
Read more: https://cryptocoinsupdates.com/buy-dogecoin-on-etoro/
FAQS
How do you buy Google Pay credit with BTC?
Google Pay credits are credit or balance on your credit cards. You can also buy Google Pay credits (funds for your credit card) in exchange for your BTC.
Can I buy BTC with Google Pay?
Yes, the facility to buy BTC with Google Pay is globally available and serves to trade multiple digital assets along with different cryptocurrencies and tokens.
When should you buy BTC?
An expert trader or a newbie can buy BTC any time because crypto trading platforms or marketplaces work 24/7, and the order processing goes flawlessly on automation. You can quickly check the trending cryptocurrencies online to make crypto purchases.
How much does BTC cost to buy?
There are many user-friendly online crypto calculators on the web. After choosing the exchange offer (the exchange pair), press the pay-in amount, and the calculator will automatically display all the details of the current exchange rate and commissions to buy.
