Day-to-day need of money and crypto currency

It is possible to use cryptocurrencies to pay EMIs of a home loan or personal loan taken from a bank, but it is not yet a widely accepted mode of payment.

Banks typically do not accept cryptocurrencies as a form of payment for loans, as they are not yet regulated by most governments and can be subject to high volatility. However, there are some instances where banks and financial institutions are starting to explore accepting cryptocurrencies as a form of payment for loans.

Additionally, there are also third-party services that allow you to convert your cryptocurrency to fiat currency and then make loan payments through traditional channels like bank transfers or credit card payments. However, you should be aware that these services often charge fees for the conversion and may also require additional verification steps.

Overall, while it is technically possible to use cryptocurrencies to pay off loans, it is not yet a common practice and you should check with your bank or loan provider for their policies on accepting cryptocurrency payments.