Summary: PayTM Bank does not enable direct access to cryptocurrency trading within its financial services. For Indian investors eager to delve into digital currencies, a dependable route is to transfer funds from their cards or accounts to a reputable and licensed digital asset exchange that accepts deposits in Indian Rupees (INR).
Our specialists have singled out Bybit as the recommended choice for PayTM Bank customers. Bybit facilitates rapid and complimentary INR deposits, which can be effortlessly converted into 770+ cryptocurrencies. As a global trading platform, it provides customer support in several languages, including English and Hindi, ensuring availability and convenience for a wide-ranging customer base in India.
Can I Buy Bitcoin with PayTM?
PayTM does not offer the ability to purchase, sell, or hold digital currencies through its online platform and application. If you want to invest in digital assets like Bitcoin, you'll need to sign up with a cryptocurrency exchange in India that operates under the regulations set by the Reserve Bank of India (RBI). Once you've chosen a platform that complies with these rules, you can deposit INR and buy or sell cryptocurrencies according to your investment goals.
How to Buy Crypto with PayTM
The most secure way to buy Bitcoin and other cryptocurrencies using PayTM is through a trustworthy exchange like Bybit. PayTM allows users to transfer funds from their accounts to Bybit using various methods such as UPI, bank transfers, credit cards, and more. The exchange has a vast portfolio of over 770 cryptocurrencies and has solidified its status as a dependable platform for investors across India.
For those who are eager to purchase crypto with their PayTM accounts, this can be accomplished by following these simple steps:
- Sign Up: Create a free account on Bybit and finish the verification process.
- Select Deposit Option: Go to the 'Buy Crypto' section, and pick an option to deposit funds with.
- Pick Payment Method: Select INR (Indian Rupees) as your currency and choose your preferred payment method.
- Execute the Purchase: Identify the cryptocurrency you want, enter your desired investment amount, and click ‘Buy’.
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PayTM Cryptocurrency Policy
PayTM has adopted a progressive stance towards cryptocurrencies. The company offers its users the chance to engage with digital assets through platforms that adhere rigorously to the guidelines established by respected regulators like the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) or relevant international authorities. PayTM maintains the authority to suspend transactions to exchanges that may pose conceivable risks to its clients.
What is PayTM?
PayTM is an Indian e-commerce payment system and digital wallet company. It was founded in 2010 by Vijay Shekhar Sharma in Delhi NCR. The company offers online mobile recharge and utility bill payments, DTH recharge, metro card recharge, IRCTC train ticket booking, movie tickets, bus tickets, cricket league tickets, and flight tickets. PayTM also provides mobile banking services, loans, insurance, and investment products.
As of 2023, PayTM is the largest mobile payments platform in India, with over 300 million users. In 2018, the company processed over 1 billion transactions and had a gross merchandise volume (GMV) of $50 billion. PayTM has also expanded its operations to Canada, Japan, and the United Arab Emirates.

Final Thoughts
In summary, PayTM doesn't allow the direct purchase or sale of cryptocurrencies within its platform, but it has paved the way for secure and regulated interactions with digital assets. For Indian investors keen to explore the world of cryptocurrencies, Bybit is the number one choice. Bybit's alignment with Indian regulations, seamless INR deposit process, and extensive portfolio of over 770 cryptocurrencies make it a preferred platform for PayTM Bank customers.