How to Buy Crypto with Paytm
A guide to buying Bitcoin and cryptocurrencies with Paytm, the most popular payments app in India.
Summary: Paytm does not offer direct methods for its users to purchase cryptocurrencies via their platform. As such, it becomes essential for investors to locate a regulated cryptocurrency exchange capable of processing Indian Rupee (INR) deposits from Paytm for buying and selling digital currencies.
After evaluating numerous platforms, we've concluded that Bybit is the top platform for buying cryptocurrencies with Paytm. Bybit enables instant INR deposits from Paytm through different methods like debit cards, and credit cards. After users have registered on the exchange, they can trade and stake in a wide array of crypto assets at competitive fees and spreads.
Can I Buy Crypto with PayTM
Yes, you can buy Bitcoin, stablecoins and other cryptocurrencies utilizing your Paytm account, debit card, or credit card. To enable this, users need to register with an Indian crypto exchange that follows local guidelines and accepts INR deposits. Although Paytm doesn't process crypto transactions directly, it's paramount to select an exchange regulated by the Securities and Exchange Board of India (SEBI) to guarantee a secure trading environment.
How to Buy Bitcoin and Crypto with PayTM
The most secure and reliable method to buy Bitcoin and other cryptocurrencies using a Paytm account is through a regulated exchange. This allows users to safely deposit INR from their Paytm account or card. We recommend Bybit due to its compatibility with Paytm, compliance with stringent regulations, and an extensive selection of over 770 assets.
Here's a straightforward 4-step guide to get started:
- Visit Bybit and sign up, making sure you verify your identity.
- Click on the 'Buy/Sell' button, usually positioned at the top of your screen.
- Select 'INR' as your currency and the cryptocurrency you wish to purchase, then choose 'Paytm' as your payment method.
- Click on 'Buy with INR' and follow the on-screen instructions to immediately complete your transaction.

Trading and Deposit Fees
The costs for acquiring cryptocurrency via a Paytm transfer in India can vary based on the chosen exchange platform. Commonly, investment-related expenses include transaction fees, deposit fees, and withdrawal fees, each differing according to the platform and the particular cryptocurrency.
We recommend Bybit for its advantageous fee structure. It enables free deposits through Paytm transfer and charges a mere 0.1% fee for trading crypto assets. This fee setup is more economical compared to popular options such as Zebpay, which typically imposes a 1% fee plus a spread of 0.5%-1%.
Is PayTM Crypto-Friendly?
While Paytm does not directly provide any products or services for purchasing cryptocurrencies, it can be regarded as somewhat crypto-friendly. Users can utilize their Paytm accounts to transfer funds to Securities and Exchange Board of India (SEBI) regulated digital asset exchanges in India that accept INR deposits.
This approach enables users to buy, sell, and trade various cryptocurrencies such as Bitcoin, and Ethereum, among others, within a regulated framework. As a result, Paytm indirectly aids its users' participation in the cryptocurrency market by supporting transactions with compliant crypto exchanges.
What is PayTM?
Paytm, an acronym for "Pay Through Mobile," is one of India's leading digital payment platforms that offers comprehensive financial services. The company was founded in 2010 by Vijay Shekhar Sharma and facilitates various transactions such as money transfers, mobile recharge, bill payments, movie tickets, event bookings, flight and train tickets, and payments at grocery stores, restaurants, parking, tolls, educational institutions, and more.
Users can simply scan QR codes at these locations or enter the mobile number to make payments. Paytm also offers financial services like insurance, loans, and investment opportunities in mutual funds and gold. In addition, Paytm launched a digital wallet, known as the Paytm Wallet, which allows users to make cashless transactions.

Bottom Line
In conclusion, buying cryptocurrencies like Bitcoin through Paytm is indeed possible, albeit indirectly. This requires the use of a SEBI-regulated digital asset exchange that accepts INR deposits, such as Bybit, which we recommend for its comprehensive selection of assets and low fees.
While Paytm itself does not facilitate direct cryptocurrency transactions, its compatibility with trusted exchanges offers users a secure and regulated avenue for entering the cryptocurrency market. This makes Paytm a viable and convenient gateway for those in India who wish to explore the opportunities presented by cryptocurrencies.