How to buy Bitcoin (BTC) with Google Pay from Canada

Nilooka Dissanayake avatar
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Andrew Boyd avatar
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Updated 29 Aug 2022

A growing number of crypto exchanges accept deposits via Google Pay, making it easier and faster to buy Bitcoin.

Scroll down for a list of crypto exchanges that support Google Pay deposits and our comprehensive guide to buying Bitcoin with Google Pay in Canada.

Unsure about what exchange to use?

Where to buy Bitcoin with Google Pay

Coinbase

On website

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Highlights

  • Buy, sell, and hold over 250 cryptocurrencies in a beginner-friendly interface.
  • Regulated and publicly listed in the US, offering peace of mind on security and transparency.
  • Auto-invest lets you set recurring buys for dollar-cost averaging.
  • Coinbase Wallet is available for those who want full control of their crypto and NFTs

Pros

  • The interface is clean, simple, and ideal for beginners—one of the easiest ways for Canadians to get started with crypto.
  • Strong focus on security, with 2FA, cold storage, and insurance on custodial assets.
  • You can earn small amounts of crypto through educational mini-courses via Coinbase Earn.
  • Supports Apple Pay and Google Pay, making fiat-to-crypto purchases more convenient

Cons

  • Trading fees are high compared to other platforms—best for small, infrequent buys.
  • No advanced features like futures or margin trading.
  • Limited customer support options, and response times can be slow during peak periods.
Coinmama

On website

Coinmama

Highlights

  • Supports buying Bitcoin, Ethereum, and a small list of major coins.
  • Non-custodial — you must have your wallet, giving you full control of your crypto.
  • Instant crypto purchases with debit card, credit card, Apple Pay, or bank transfers
  • Global platform that's been operating since 2013, with a reputation for reliability and ease of use.

Pros

  • One of the fastest ways to buy crypto directly with Canadian cards.
  • Ideal for beginners who want quick, one-time purchases without dealing with order books or complex trading tools.
  • No account lock-ins or custodial risk—you're in charge of your assets from the start.
  • Offers 24/7 customer support, which isn’t common among global exchanges

Cons

  • Limited coin selection.
  • Higher fees than platforms that offer CAD funding or more trading options.
  • No selling option for Canadian users — it's a buy-only platform here. You’ll need another exchange to convert crypto back to fiat.
Kraken

On website

Kraken

Highlights

  • Trade over 370 cryptocurrencies, covering nearly all major and many niche tokens not available on some Canadian exchanges.
  • Fund with Interac e‑Transfer, bank wire, or even in-person Canada Post deposits.
  • Offers both a simple app for quick buys and Kraken Pro with low maker/taker fees starting at 0%/0.10% and advanced order options.
  • Earn passive income with staking of 10+ crypto assets ranging from 4 % to 20 % APR, with rewards paid twice weekly

Pros

  • Great for building a diversified or DeFi-focused portfolio.
  • Advanced traders benefit from maker/taker pricing that becomes competitive as volumes grow.
  • Security is top-tier.
  • You can stake coins directly through Kraken with flexible terms.

Cons

  • Interac e‑Transfer deposits carry a 0.5% fee, and withdrawals have a $10 charge, higher than some Canadian peers.
  • Instant buy fees are steep.
  • Deposit and withdrawal processes can be confusing and slow, with some users seeing delays of up to several days.
  • No native Canadian tax-reporting tools on the platform.
Paxful

On website

Paxful

Highlights

  • Buy and sell digital currencies using over 350 different payment methods.
  • Supports peer-to-peer trading.
  • Get a full-featured, secure wallet app.

Pros

  • Multiple deposit options are available.
  • Low fees.
  • Free wallet.
  • Rewards program.

Cons

  • Limited number of coins.

First time buying?

How to buy Bitcoin with Google Pay

Step 1: Choose a crypto exchange that supports Google Pay deposits

To buy Bitcoin with Google Pay, you need to open an account with an exchange that accepts Google Pay as a deposit method.

You can use Finty to compare different crypto exchanges, their fees to deposit and withdraw fiat, tradable coins, etc.

Step 2: Verify your identity

The second step is to verify your identity. This usually requires an image of your driver’s license, passport, or another form of officially-issued photo ID.

Step 3: Decide how much you want to invest

Bitcoin is a highly volatile commodity. The market can flip from bull to bear very quickly. Therefore, it’s best to consider its price volatility and carefully consider the amount you want to buy.

Step 4: Deposit funds

Now that you have decided how much you want to invest, you’ll need to fund your exchange account.

In the exchange dashboard, locate the page for depositing funds, select ‘Google Pay’ as a payment method, and proceed to deposit the funds.

Not every card issuer allows purchases of cryptocurrency. If yours doesn’t, the payment may fail at this stage. Depositing funds with PayPal is a popular workaround in this situation.

Step 5: Make an order

You typically have a choice of orders, namely market order (the easiest to use), trigger order (automatically executes when the price hits a set target), and recurring (allowing you to build your holdings over time).

Step 6: Buy

The final step is to fill out the order form and complete the purchase. Once processed, your Bitcoin will be in your wallet at the crypto exchange.

Still not sure?

Pros and cons

Pros

  • No extra charges: Google Pay does not charge transaction fees for making purchases.
  • Secure: Digital wallets such as Google Pay and Apple Pay are very secure, using several layers of authentication and end-to-end encryption to protect transactions.it's
  • Private. Because you don’t provide your actual card details, it's more difficult for anyone to profile you should the exchange ever sell transaction data or suffer a data breach.
  • Fast. Depositing funds with Google Pay is very convenient.

Cons

  • Not widely supported by exchanges. Google Pay is available to use at several of the larger exchanges, but many exchanges are yet to adopt it as a funding method.

Extra help

FAQs

How long does it take for funds to transfer using Google Pay?

It takes a few seconds or minutes for funds to transfer into your exchange account through Google Pay.

Can I buy Bitcoin with Google Pay anonymously?

Paxful, which is a peer-to-peer exchange, supports Google Pay for anonymous purchases.

Can I buy other cryptocurrencies with Google Pay?

Yes, you can buy other cryptocurrencies with Google Pay. All you have to do is enter the desired cryptocurrency in the place of Bitcoin on the order form.

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