How to buy Bitcoin with Google Pay in 2022

Google Pay is becoming more and more popular as a payment method, and now you can use it for cryptocurrencies like Bitcoin as well. This guide explains how.
By: Jonah Keri
Jonah Keri
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He… read more.
Updated: Jan 20, 2022
Tip: our preferred broker is, eToro: visit & create account

An increasing number of cryptocurrency brokers and exchanges are accepting Google Pay as a payment method. Read this guide to learn about the pluses and minuses of using Google Pay as a payment method to buy crypto, and the best platforms on which to do so.

Where can you buy Bitcoin with Google Pay?

We’ve compiled a list of the best exchanges and brokers that accept Google Pay, so if you’re just looking for a platform then you can go ahead and pick one below to get started. Otherwise, keep reading to learn more about what to look for what makes a good broker.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Offers 15 crypto coins to buy&sell including BTC, LTC, ETC, NEO and more
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
2
Min. Deposit
$1
Promotion
User Score
9.3
The world's largest cryptocurrency exchange with over 2bn daily users
Innovative trading platform offering enormous range of crypto coins
Supports over 60 methods of payment including PayPal
Start Trading
Description:
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Payment Methods
1Pay, 2C2P, 3d Secure Credit Card, ACH, ANELIK, Abaqoos, AdvCash, AlertPay, Alfa-Click
Algocharge, AliPay, American Express, Apple Pay, AstroPay, BPAY, Bank Link, Bank Transfer, Bank Wire, Baofoo, BitGold, BitPay, Bitcoin, Boleto, Bonds, Borneo Exchanger, Bradesco, CEX.io Mobile App, CFDs, CSS System, CUPS, CartaSi, Carte Bleu, Carte Bleue, Cash, CashU, Cashier Order, Check, Check (UK only), China UinonPay, China Union Pay, China UnionPay, ClickandBuy, Commodities, Contact, Contact Z, Credit Card, Cryptocurrencies, Currencies, DCPay, DIXIPAY, Dankort, Debit Card, Dengi Online, DineroMail, DirectPay, Dotpay, E-dinar, ELV, ENets, EPS, ETFs, EXCARD, Easy2Pay, EcoPayz, Ecommpay, Ecurrencyzone, EgoPay, Emerchant Pay, Eprotections, EstroPay, Ethereum, Euro Bank Account, Euteller, Express Dotpay, Express Polish Post Office 24/7, Express Zabka Market, Ezeebill, Ezybonds, FasaPay, Fastapay, Fastbank, Faster Payments, FilsPay, Forex, GTBank, Gate2Shop, Giropay, GlobalCollect, GlobalPAY, GlobePay, Gluepay, Halcash, I-Account, IPS, Ideal, Indices, Individual US State License(s), Indonesia Exchanger, InstaBill, Instadebit, IntellectMoney, Interswitch, Investmate, Investmate, Itukar, KNET, Klarna, LaoForexBoard, LavaPay, Lion Payment, LiqPay, Litecoin, Lobanet, MOTO, MT4, MT5, Mailing Cash, Market Maker, Masari, Mastercard, MegaTransfer, Mister Cash, Mobile Trading App, Mobile Trading Platform, Moneta, Money Bookers, Money Order, MoneyBookers, MoneyGram, MoneyPolo, Multibanco, NETBANX, Nab, Namecoin, Neosurf, NetPay, OKPAY, OMT, OmahPoin, OnPay.ru, Online Naira, OrangePay, PAYSEC, POLi, POLi & BPay, PYEER, PagoEfectivo, Paxum, Pay Nova, PayCo, PayPal, PayRetailers, PayWeb, Payeer, Payoneer, Payonline, Payvision, Payza, Perfect Money, PocketMoni, Postbank, Powercash 21, Prepaid MasterCard, Prepaid MasterCard (I-Account), Prepaid MasterCard (Intercash), Prepaid MasterCard (Payoneer), Privat 24, Przelewy24, QIWI, RBK Money, Rapid Transfer, RegularPay, SEPA, Safecharge, SafetyPay, SahibExchange, Shilling, SmartPay, Sofort, SolidTrust Pay, SorexPay, Sporopay, Stock Certificate, Stocks, Swish, Teleingreso, Thailand Exchanger, Ticketsurf, Todito Cash, Trade Interceptor, Transact Europe Payment, Trazus, TrustPay, Trustly, UAE Exchange, UPayCard, USD, Ukash, Unet, UnionPay, Unistream, Uphold, Verve, Vietnam Exchanger, Visa, VixiPay, VoguePay, Vouchers, Wallet One, WeChat, Web Based Trading Platform, WebMoney, WebPay, Webtrader, Western Union, Wire Transfer, Wirecard, Yandex, Yandex Money, Yemadai, YuuPay, Z-Payment, Zenith, cTrader, dinpay, eCard, eCheck, eKonto, ePay bg, ePayments Transfer, eToro Mobile Trading Platform, eToro Trading Platform, eTranzact, iPay, mPay, neteller, paysafecard, postepay, skrill, unichange.me
Full regulations list:
3
Min. Deposit
$100
Promotion
User Score
8.7
24/7 trading when the markets are open
Trade the four big names in crypto- Bitcoin, Ethereum, Litecoin and Bitcoin Cash
Premium MT4 and MT5 with suite of bespoke trading tools and indicators
Start Trading
Description:
OANDA is the trusted name for Forex and CFD trading. Since 1997 OANDA has established a reputation for fair and transparent pricing and responsive customer service. Easy account opening process.
Payment Methods
Bank Wire, Check, Credit Card
Full regulations list:
CFTC, FCA, IIROC, MAS, NFA
Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest.

What is a Google Pay Bitcoin broker?

A service that lets you buy and sell cryptocurrency while also accepting Google Pay as a payment method. More broadly, a Bitcoin broker is a platform that acts as a middle man to execute Bitcoin trades for you. If you’ve already linked your credit and/or debit card to Google Pay, a Google Pay broker can be a quick and easy way to transfer money into your account.

How to deposit and withdraw via Google Pay

Deposit

Different Bitcoin brokers and exchanges may have different procedures for making deposits. That said, these broad strokes offer some guidelines on how to deposit money using Google Pay:

  1. Open an account and then verify it with a form of photo ID.
  2. Go to your broker’s website, and select the Google Pay option on the “Add money” screen. 
  3. After that, you’ll be prompted to link your Google Pay account to your brokerage account.
  4. Enter the amount of Bitcoin you want to own and select Google Pay as the payment method.

Withdraw

You have two options. If you’ve already used Google Pay to make a deposit in your brokerage account, you can simply click withdraw on your broker’s website and the process will be done in a flash. Or even if you haven’t used Google Pay for deposits, as long as your broker accepts it, you can set up withdrawals by following the process outlined above.

What should I look for in a broker?

When looking for a broker you want to make sure that it offers quality service and best-in-class features as well as the ability to use Google Pay. Here are some key traits to look for.

  • Low withdrawal and deposit charges. The fees you’ll have to pay are generally lower than what you’ll find by transacting with, say, cash. Still, deposit and withdrawal fee amounts can vary. Our guides will help you find the most reasonable fees.
  • Speed. Your broker should let you find the coins you want and execute the trades within minutes. In some cases you can even do this instantly. 
  • Ease of use. The best brokers make the process a breeze. Don’t waste time with brokers that are confusing, have a complicated interface, or require you to jump through hoops before you can do anything.
  • A strong reputation. Positive reviews and industry awards are two of the most positive indicators for a broker’s reputation. Take the extra time to read up on the accolades of the platform you plan to choose.
  • A verifiable track record. Ideally the trading platform you choose will have been in business for a while, so you can ensure it carries a track record of reliability.

Should I buy BTC with Google Pay?

Pros

  • Fast and easy. Google Pay is one of the fastest and easiest contactless ways to make purchases around the world. 
  • Partnerships with numerous major banks. Google Pay is supported by the four biggest banks in the US, as well as numerous major financial institutions around the world. So you can link to a number of different payment cards all at once.
  • Increasingly accepted by Bitcoin brokers. In 2019, blockchain company Coin Ninja and crypto remittance company Wyre struck a deal to accept Google Pay as a payment method for any transaction with an intermediary. 

Cons

FAQs

Can I remain anonymous while using Google Pay?
Do I need a crypto wallet?
How fast is buying Bitcoin with Google Pay?
Are Bitcoin transactions using Google Pay instant?
Are there low fees when using Google Pay for Bitcoin?
Can I hold cryptocurrency in my Google Pay account?
Does Coinbase accept Google Pay?
Can I get other cryptos using Google Pay?
Is Google Pay the easiest way to get Bitcoin?
What’s the biggest pro and con of using Google Pay on a peer-to-peer exchange?
How easy is it to find a peer-to-peer exchange that accepts Google Pay?
Is using Google Pay recommended for beginners?
Is using Google Pay a more viable strategy if you plan to hold Bitcoin for the long term?

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Jonah Keri
Financial Writer
Jonah Keri is a trader and analyst who spent 11 years at Investor's Business Daily covering the markets. He now writes about stocks, cryptocurrencies, and other… read more.