Can crypto be used for payments?

Can Crypto Be Used for Payments?

Yes. Crypto can be used for payments where merchants or platforms accept it. Use is growing but still limited compared to fiat. Volatility can make it awkward for daily spending. Regulation varies. In India, crypto is mainly used for investment/trading; merchant acceptance is limited. When you spend crypto, it can be a taxable event (disposal). Check tax treatment before using crypto to pay.