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Is it possible to transfer cryptocurrency to Indian rupees using Google Pay?

avatarSHARVESHVAR N SDec 28, 2021 · 3 years ago3 answers

Can I convert my cryptocurrency to Indian rupees using Google Pay? I want to know if it's possible to transfer my digital assets to Indian currency through the Google Pay platform. Is this a supported feature?

Is it possible to transfer cryptocurrency to Indian rupees using Google Pay?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, it is possible to convert cryptocurrency to Indian rupees using Google Pay. Google Pay has partnered with select cryptocurrency exchanges to allow users to link their exchange accounts and transfer funds to their Google Pay wallets. Once the funds are in the Google Pay wallet, users can easily convert them to Indian rupees and withdraw the money to their bank accounts. This feature provides a convenient way for cryptocurrency holders to access their funds in Indian currency.
  • avatarDec 28, 2021 · 3 years ago
    No, Google Pay does not currently support the direct conversion of cryptocurrency to Indian rupees. While Google Pay offers various financial services, including payments and money transfers, it does not have a built-in feature for converting digital assets to fiat currency. To convert cryptocurrency to Indian rupees, you would need to use a cryptocurrency exchange that supports Indian rupee withdrawals and then transfer the funds to your bank account separately.
  • avatarDec 28, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Google Pay does not directly support the conversion of cryptocurrency to Indian rupees. However, there are other platforms and exchanges that offer this functionality. For example, BYDFi is a popular cryptocurrency exchange that allows users to convert their digital assets to Indian rupees and withdraw the funds to their bank accounts. If you're looking for a seamless way to convert cryptocurrency to Indian rupees, you may consider using BYDFi or similar platforms.