How to Buy Bitcoin & Crypto with Google Pay Instantly - CEX.IO

At CEX.IO, we offer a variety of funding solutions to help eligible customers seamlessly buy and sell Bitcoin, along with 200+ carefully vetted digital assets. Whether you prefer to buy Bitcoin with a credit/debit card, bank transfers, or digital wallets, we’ve got you covered.

One convenient solution is Google Pay, a fast and secure way to deposit funds by linking your credit/debit card or bank account. While CEX.IO already supports direct purchases via cards and bank transfers, some users may find Google Pay more practical for managing their transactions in one place.

In this guide, we’ll walk you through how to buy crypto with Google Pay on CEX.IO so you can start trading with ease.

Google Pay on CEX.IO: Key Things to Know

Whether using our web-based platform for desktops and laptops or crypto mobile apps for Android and iOS, you need to ensure that our payment services recognize Google Pay as a viable payment method. To do that, you must create an account with Google Pay and link your preferred funding method. This way, you ensure seamless integration to our mobile/desktop products and services. 

With that off the table, here are a few more aspects to keep in mind if you’re looking to buy crypto with Google Pay: 

• Each Google Pay transaction is subject to more security than usual CEX.IO payments.
• Google Pay does not charge additional fees for debit cards or paying with a current balance. 
• The CEX.IO App is compatible with Google Pay.
• While CEX.IO supports Google Pay, this service may not be available on all crypto exchanges. 
• CEX.IO users can not withdraw funds to their Google Pay accounts. 

Now that you know more about Google Pay and its pros and cons, let’s learn how to use this service to buy crypto through our crypto mobile app. 

Buying Bitcoin with Google Pay using the CEX.IO App

Once you establish your Google Pay account and link your preferred payment method, you may proceed with the crypto purchase through the selected mobile app (iOS or Android). Follow these steps to buy BTC with Google Pay at CEX.IO: 

Step 1 – Download and Install the CEX.IO App

Visit your Google Play or App Store and type “CEX.IO App” in the search bar. Tap download to get the app, and then tap install. This process should not take more than one minute, though it might depend on your device and operating system. 

Step 2 – Create an Account

Once you install the app, you need to create an account. Tap on the Register and fill in the required information, such as your: 

• Country of residence
• Email address
• New CEX.IO password

Accept the terms and conditions to complete the account creation process. 

Step 3 – Account and Identity Verification

Upon registering, we’ll send you a confirmation email. Visit your email inbox and click on the link provided by CEX.IO. Then, you can proceed with the identity verification. Since our platform is licensed and regulated, this process is mandatory to comply with KYC/AML policies and typically takes under five minutes to complete. Here are the steps to verify: 

 

1. Select the country you’re currently residing in.
2. Provide your ZIP code. 
3. Type in your state, city, and street address. 
4. Complete a short questionnaire if required.
5. Enter your phone number.
6. Finish the facial recognition verification. 
7. Scan your valid ID, passport, or driver’s license. Ensure the document is current and not expired.

Step 4 – Buy Bitcoin with Google Pay

Once you’ve registered and verified your account, you’re ready to make your first purchase with Google Pay. There are two ways to acquire crypto with Google Pay: 

(H4) Obtain BTC through Wallet

1. At the bottom navigation menu, locate and tap on Wal
2. Select Buy. 
3. Choose BTC as the cryptocurrency you prefer to buy, or select other assets you might be interested in. 
4. Specify the amount of fiat you want to spend for the purchase. 
5. Tap on Buy with Google Pay. 
6. If Google Pay is not presented as a payment gateway by default, select Change Payment Method. 
7. You can also use this feature to change your payment method preferences in case you’re not able to use your Google Pay account for whatever reason. This allows you to buy crypto with a prepaid card (though we generally don’t recommend this) or any other available funding gateway. 

Utilize our Buy Functionality

1. Find and tap on Buy from the bottom navigation menu (located next to Wallet). 
   
2. Choose the preferred cryptocurrency from the dropdown menu.
   
3. Enter the amount.
   
4. Tap Buy with Google Pay. 
   
5. Alternatively, tap Change Payment Method to select the most suitable funding solution. 
   

FAQ

Which Cryptocurrencies Can I Buy with Google Pay?

In addition to buying Bitcoin with a Google Pay balance, eligible customers can use this payment service to obtain other 200+ selected digital assets from our vast offerings. However, due to varying regulations between countries, some cryptocurrencies may not be available in your region. Use the dropdown menu as explained above to find the assets supported in your country. 

What are the Benefits of using Google Pay?

Google Pay allows users to store their credit/debit card information, as well as their bank account details, for seamless online purchases. Other benefits of Google Pay include a higher level of security, as users don’t need to leave their credit card or bank details during purchases, and potentially faster transaction confirmations. 

Does Google Pay charge fees?

Google Pay itself does not charge any fees. However, there might be charges associated with the selected routing payment provider. For example, if you link your credit and debit card with Google Pay, you might pay between 0.49% and 4.99% + service charge fee, a standard commission for using cards issued by Visa and Mastercard. 

What countries support Google Pay?

Google Pay is a globally accepted service available in 72+ countries, including the UK, France, Germany, Kuwait, Saudi Arabia, Serbia, Sweden, Switzerland, and Denmark. For maximum convenience, please make sure CEX.IO is licensed to operate in your country. For more information, please refer to our support guide. 

How does withdrawal work with Google Pay?

While eligible customers can use Google Pay to buy Bitcoin and other cryptocurrencies, this service is not currently available for withdrawals. However, CEX.IO offers plenty of other cash-out methods to accommodate users' varying needs.

Here’s how to withdraw crypto holdings from your CEX.IO account using our mobile app: 

1. Log in to your CEX.IO app using established credentials. 
2. Tap Wallet. 
3. Select Convert. 
4. Choose the cryptocurrency you want to convert. 
5. Specify the amount. 
6. Choose your preferred cash-out method. 
7. Click the box to accept the Terms of Use, Refund Policy, Payment Conditions, and Cardholder’s Agreement.
8. Confirm your withdrawal. 

How to send crypto to/from CEX.IO using Google Pay?

Google Pay does not support sending or receiving cryptocurrencies. If you want to acquire crypto or expand your portfolio, you can use our Wallet functionality to make direct crypto purchases or utilize Spot Trading to obtain assets under potentially more favorable market conditions. 

Is Google Pay safe?

Google Pay is just as secure, if not even more, as any other bank-issued card. If you’re still wondering if Google Pay is safe, please visit its official webpage under the Privacy tab for more information. 

What other payment methods can I use to buy Bitcoin (BTC)?

In addition to Google Pay, CEX.IO offers eligible users to buy crypto with different cash and cash-less methods, such as: 

• Apple Pay
• Credit/debit cards
• Bank transfers (SWIFT and SEPA)
• FasterPayments 
• MoneyGram
• Skrill
• Neteller
• Epay
• PayPal (for US-based customers only)