![]() ![]() With Apple Pay wallet and BitPay, users can purchase the queen of cryptocurrencies but also USDC and BUSD. In general, BitPay does not yet allow in-app cryptocurrency purchases, but contactless cryptocurrency purchases via NFC are possible in store and online using Apple Pay on supported devices. The famous BitPay also integrated Apple Pay in 2021 to buy, exchange and make purchases in BTC and other crypto assets via the wallet. Transaction fees are 3.75% of the deposit amount when using Apple Pay wallet in the US, while in the UK, it is about 2%. As for the US, however, it was not until December 2022 that Binance integrated Apple Pay only for debit cards and only to deposit dollars to buy crypto. In contrast, the web’s most popular crypto-exchange, Binance, has introduced and begun providing Apple Pay integration to purchase cryptocurrencies with credit and debit cards only to citizens of the United Kingdom and the European Economic Area (EEA). The limit for purchasing BTC with Apple Pay on Coinbase depends on the sum of the debit card’s transaction limit and Coinbase’s limits and is also subject to change based on policy, geographic area, and location. However, Apple Pay users must have linked a debit card to their wallet to use Coinbase, and in addition, while buying Bitcoin is possible, selling and cashing via the app on iOS devices is not yet active. Apple Pay Wallet: buying Bitcoin via Coinbase, BitPay and BinanceĬoinbase introduced the ability to buy Bitcoin via Apple Pay back in June 2021, followed later in August with the integration of Google Pay as well. Later, taking advantage of Near Field Communication (NFC) technology, the wallet was also accepted as a payment method by offline stores.Īnd it is NFC that has also enabled some crypto platforms to accept Apple Pay as a payment method. Initially, the service only offered users payments on the device itself such as to pay for music and apps. IOS and iPhone devices have been using the Apple Pay wallet since 2014. ![]() For this very reason, integrating the Apple Pay wallet as a payment method for purchasing BTC is a strategy that increases and expands precisely the adoption of the queen of crypto. Apple Pay Wallet: buying Bitcoin via Coinbase, BitPay and BinanceĪpple Pay Wallet: buying Bitcoin and crypto thanks to integration on platformsĪs is well known, Apple Pay does not provide for the direct purchase of Bitcoin and cryptocurrencies, but thanks to crypto platforms such as Binance, BitPay, and Coinbase, this becomes possible.Īfter all, there are ‘only’ more than 507 million Apple wallet downloads, while in the US, it has a dominant 43.5% market share in the mobile payments market.Apple Pay Wallet: buying Bitcoin and crypto thanks to integration on platforms.
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