It seems to be getting easier for consumers to buy cryptocurrency with their debit or credit cards.
Crypto.com, a Singapore-based cryptocurrency exchange platform, is allowing its 50 million users to begin purchasing crypto on its app using a debit or credit card connected to Google Pay, according to a recent press release.
Android users will be able to select from over 250 cryptocurrencies to buy using their smartphones, tablets or virtual wallets.
But, as with all things crypto, there are risks involved. Here’s what to know.
What to know before buying crypto with Google Pay
To get started using Google Pay for Crypto.com purchases, Android users should first make sure a debit or credit card is connected to their Google Pay account. Then, when users make a purchase within the Crypto.com app, they simply select the Google Pay option. All that’s left to do is accept the card processing fee and complete the purchase.
Users’ crypto balances will update accordingly, and they will be able...
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