Most platforms trading Bitcoin accept money transfers in fiat currency. Individuals with Google Wallet accounts can also enjoy quicker and cheaper Bitcoin transactions. For that matter, this article sheds light on a straightforward process of buying BTC in Europe and a few pointers to brokers and crypto exchanges.
Google Wallet (G Pay) Broker
A Bitcoin broker on Google Wallet is a digital platform that allows buyers and sellers to transact on a digital platform and use Google Wallet as a payment option. Customers in Europe have to open a digital wallet account and deposit money into it in EUR to buy Bitcoin. Keep it locked to discover the easier way to purchase digital coins using Google Wallet.
The digital wallet is a product of Google that facilities online and in-app transactions. You can only download and install the app on Android and iOS devices, including smartwatches. The service provider now goes by Google Pay (G Pay), a rebrand that occurred when Google Wallet merged with Android Pay for unification.
Crypto Exchanges For Google Wallet
Not all exchange platforms accept the digital wallet to purchase Bitcoin in Europe. As a stepping stone into the crypto space, you should identify an option that embraces Google Pay, centralized platforms in this case. That means customers can exchange fiat currency for crypto and vice versa. However, some exchanges might not accept the wallet to pay for crypto coins in Europe. Most of the top selections are decentralized, limiting you from trading crypto for crypto. Several crypto enthusiasts see Google Wallet as a less famous payment method for BTC than bank transfers and Credit/Debit cards.
If Google Wallet is not new to you, you’ve probably advanced in the crypto space to know every process works. If you are a beginner, the next step explains how to begin your quest to obtain the ‘digital gold’ using Google Wallet.
Buy Bitcoin with Google Pay/Wallet
- Install the G Pay on your Android or iOS smartphone.
- Choose a suitable broker or cryptocurrency exchange, keeping in mind that your choice allows you to deposit money using Google Wallet. More specifically you can buy bitcoin with google wallet using a P2P Crypto exchange.
- Register an account to purchase crypto in Europe. The process should be quick and straightforward to include necessary information like full names, email addresses, and user passwords.
- In this case, deposit fiat currency, EUR, to your account using Google Digital Wallet. Ensure you link the latter to a debit card, credit card, or bank account with funds in it.
- You can now buy Bitcoin with Euros in your digital wallet. As an added plus, initiating a money transfer takes a short time.
The Bottom Line
Google Wallet is a popular means of payment that continually rises to prominence as many people adopt it globally. However, many brokers have not embraced its growth and prime features as a worthwhile payment option despite its growth and prime features. That still doesn’t rule out the milestones the digital wallet has achieved to make online payments more efficient.