How to buy crypto with Google Pay

How to buy crypto with Google Pay

Robert McDougall 

September 16, 2022

Cryptocurrency

So you want to purchase Bitcoin or another cryptocurrency, without using bank transfer or Visa/Mastercard. While they are the most popular methods for buying crypto, it is now also possible to use Google Pay to make purchases. In this guide we will show you the best and easiest way to buy crypto using Google Pay, step by step, with lots of screenshots.

Where can I buy cryptocurrency using Google Pay?

You are probably aware that you can easily buy crypto from an exchange, but how are you supposed to know which ones you can trust? At Marketplace Fairness, we only recommend legitimate and safe crypto exchanges, that have been tested, and are trustworthy. In this article, we have done the research for you, to find the best crypto exchanges that accept Google Pay, so you don't have to spend hours comparing platforms. The #1 place to buy crypto using Google Pay is Bybit, with over 220+ coins, no KYC verification requirements, tons of features, and even 24/7 live chat. To read about Bybit before making a decision, see our comprehensive breakdown of Bybit.

How to buy cryptocurrency with Google Pay?

There are only 4 easy steps to purchase Bitcoin or other crypto using Google Pay. In each of the steps below, I will cover everything in detail, accompanied with plenty of screenshots. 

Step 1: Choose a crypto exchange

Step 2: Create an account

Step 3: Go to the 'Buy Crypto' section

Step 4: Buy cryptocurrency with Google Pay

Step 1 - Choose a crypto exchange that accepts Google Pay

The first step is to choose which exchange you want to use. The number one factor is that it needs to be one that supports Google Pay. After that, look at whether it is legitimate and secure. Finally, you have to look at what features you desire in a crypto platform. Our top three recommendations are here, to make it easier for you to decide. In this guide, I have included plenty of screenshots from my Bybit account, so to follow along easily, sign up with Bybit

Top 3 Recommendations

#1

Bybit

   Best Overall  

Rating

4.9

#2

KuCoin

Over 700+ coins

Rating

4.6

#3

Crypto.com

Best Mobile App

Rating

4.4

To do your own research before signing up to a crypto exchange, you can read this article on the top cryptocurrency platforms. Keep in mind that you must check whether the exchange supports Google Pay before you create an account there.

Step 2 - Create an account

It is very simple to register an account on Bybit; it is less hassle than other exchanges, because you do not need to submit documents or photos of yourself. In fact, no KYC verification is required at all, if you do not wish to. This allows you to trade anonymously and keep your personal information private. If you sign up with our link, you will also receive $10 FREE Bitcoin as a special offer: https://partner.bybit.com/b/16338

After clicking on the link above, you will see a page similar to the screenshot below. Enter your email address, choose a password, and click 'Create Account'. If you like, you can also register with your Google account or mobile number.

Note: Bybit is NOT available in the US or Singapore. However, since Bybit does not require KYC verification, some US residents access Bybit, using a VPN. If you are unable to sign up to Bybit, you can use KuCoin or Crypto.com instead, which are excellent options available in the USA.

After signing up to Bybit, verify your email address by entering the code that is sent to your email. Following email verification, you will see a page like the screenshot below. Choose the appropriate button, depending on whether you are a new or experienced crypto trader, and Bybit will tailor the experience to your needs! Bybit has excellent live chat support that is available 24/7, so if you are ever stuck, you can easily get help. 

Step 3 - Go to the 'Buy Crypto' section

It's time to start the crypto buying process. It doesn't matter if you clicked on new or experienced trader in the step above, you should see an orange 'Buy Crypto' button on your screen. Click on that button to get started. If you cannot see that 'Buy Crypto' button, you can click it from the menu along the top. A dropdown menu will appear, and then you select 'One-Click Buy'.

You should see a screen like the one below. Select the fiat currency you want to pay with, and then choose the cryptocurrency you want to purchase. In this example, I will spend $250 USD to buy Bitcoin. Click on 'Payment Methods' and a dropdown menu will appear. Select 'GooglePay' here, then click the orange button underneath.

Now you should see a screen like the one below, with different payment channels. The price per Bitcoin is shown underneath the name of each payment channel. Select the one you wish to use. In our example, I chose MoonPay, since it is the lowest-cost choice for Google Pay. LegendTrading is even better value, but it does not support Google Pay.

After selecting your payment channel, tick the box to say that you agree to the disclaimer, then click 'Continue'.

Step 4 - Buy cryptocurrency with Google Pay

A new window will open, taking you to the payment channel that you chose. In this example, a MoonPay webpage opened. Type in your email and click 'Continue' to create your account.

Enter the verification code that was sent to your email address, tick the boxes, and click 'Continue'.

Now you have to enter your details: name, date of birth, and nationality, to create your account. After finishing this account set-up, follow the prompts to finalise the transaction with Google Pay.

After making the crypto purchase with Google Pay, return to your Bybit account to check that it was successful. In the top right menu of Bybit, click 'Assets' and then 'Assets Overview' (see screenshot below). You should see a screen like the one below, and the value of your cryptocurrency should be there. To see a more detailed view, click the menu items along the left side of the page. 

That's it, you have successfully bought cryptocurrency with Google Pay!

Frequently Asked Questions:

Where do I keep my cryptocurrency after buying it?

After you purchase crypto with most exchanges, your coins are automatically stored in a wallet supplied by the crypto platform. It is up to you whether you want to keep your cryptocurrency on the exchange, with quick access, or if you want more secure storage in an offline hardware wallet, like Ledger and Trezor

Is it legal to buy crypto using Google Pay?

Yes, it is 100% legal to use Google Pay to purchase Bitcoin or other cryptocurrency. However, be sure to check any legal restrictions in your own country regarding the purchase or crypto.

Is buying crypto with Google Pay safe?

Yes, it is safe to buy crypto using Google Pay, as long as you are using a trusted and legitimate site. You can trust any of the best cryptocurrency exchanges, as they have been tested as real platforms, that are not scams. Keep in mind that buying and investing in crypto is inherently risky due to the volatile nature of the market, so do your due research first, and never invest more than you can afford to lose.

Does this method work for all cryptocurrencies?

You can follow this guide for any of the cryptocurrencies that are available on the crypto exchange you choose. Bybit is a large crypto exchange with over 220+ cryptocurrencies, so there are plenty of options for you to choose from. You may wish to purchase a coin on Bybit that is not supported via instant buy. If this is the case, buy USDT using the method above, and then trade USDT for the cryptocurrency of choice in Bybit's market.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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