What is the Best Way to Buy Crypto with Apple Pay?
Before utilizing Apple Pay to buy cryptocurrency, investors must integrate their iOS device's Apple Wallet with their credit or debit card. Next, sign up with a trusted crypto exchange.
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Log in to your crypto trading account. If you're a new user, register and verify your identity
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Select the "Buy crypto" option
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Select the buy tab and input the desired amount
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Scroll through the list to find your preferred payment method (Apple Pay)
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Follow the next prompt to complete the process after selecting your payment method
With the escalating popularity of cryptocurrencies, an increasing number of people are on the lookout for safe and convenient avenues to acquire digital assets. Moreover, individuals who favor mobile payment platforms like Apple Pay might find themselves facing a scarcity of direct purchasing options for cryptocurrencies. This predicament poses a hurdle for those desiring a smooth and effective entry into the cryptosphere via their Apple Pay accounts.
The traditional way of buying cryptocurrencies has always been through crypto exchanges, and to buy crypto with Apple Pay, you still need these crypto exchanges. You only need to make sure that the exchange you are using integrates Apple Pay as one of its payment options. This article provides traders with in depth detail on how to buy crypto with Apple Pay. Read on to discover which crypto exchange accepts Apple Pay.
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Can you use Apple Pay for crypto?
Yes. You can use Apple Pay to purchase cryptocurrencies on supported crypto exchanges.
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How do I buy USDT with Apple Pay?
To buy USDT with Apple Pay, you can link your debit card to Apple Pay and use it as a payment method on platforms that accept Apple Pay for crypto transactions.
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Which crypto exchange accepts Apple Pay?
Several crypto exchanges accept Apple Pay, including Coinbase, Binance, and ByBit.
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Do you need verification to buy crypto?
Yes, typically, you need to undergo verification procedures, such as providing identification documents, to buy cryptocurrencies on most exchanges.
Can I buy crypto with Apple Pay?
Yes. Traders can buy crypto with Apple Pay on crypto exchanges that integrate the Apple Pay payment method into their deposit and withdrawal options. Apple Pay has become one of the most popular mobile payment services by “Apple Inc.” and has gained popularity for several reasons. With Apple Pay, customers can pay for goods and services using their Apple devices—including iPhones, iPads, Macs, and Apple Watches. The speed of transactions makes Apple Pay many professional traders' favorite.
In this article, we will provide basic information about buying cryptocurrencies through Coinbase, ByBit, and Binance exchanges. The process may differ in details if you use a different exchange. Discussing the topic of the article further, we assume that you already have Apple Pay set up and funds available to spend on buying cryptocurrencies.
How do I buy crypto on Coinbase with Apple Pay?
Log into your Coinbase account, click on Buy, select the coin you wish to buy, select Apple payment method, review the purchase details, and place your order.
Step 1: Login into your Сoinbase app and select the cryptocurrency you want to buy.
Step 2: Enter the amount and select “Apple Pay” from the list of available payment methods.
Buying crypto on Coinbase with Apple Pay
Step 3: Review and place your order.
Buying crypto on Coinbase with Apple Pay
If you are new to Coinbase, research and read Coinbase reviews to learn more about this platform's services.
How do I buy Crypto on ByBit with Apple Pay?
Log into your ByBit account and complete registration and identity verification if you're a new user. Then follow the step-by-step instructions below to buy the cryptocurrency you want:
Step 1: Select the "Buy crypto" option, choose your preferred payment method, input the desired USDT amount, and follow the onscreen instructions to complete the purchase.
Step 2: Select the Buy tab and input the desired USDT amount (USDT is a stablecoin, an analog of the US dollar in the world of cryptocurrencies, used as an example for the purposes of this article).
Buying crypto on Bybit with Apple Pay
Step 3: Scroll through the list to find your preferred payment method.
Buying crypto on ByBit with Apple Pay
Step 4: Follow the onscreen process to complete the process after selecting your payment method.
If you are new to ByBit, research and read ByBit reviews to learn more about this platform's services. You can contact customer service to find out if Apple Pay is available in your region.
How do I buy Bitcoins on Binance with Apple Pay?
If you are new to Binance, research and read Binance reviews to learn more about this platform's services. To buy cryptocurrency on Binance using Apple Pay you will need to register on this popular exchange and pass a simple verification. Then:
Step 1: Log into your Binance account and select “Buy Crypto.”
Step 2: Decide which cryptocurrency to purchase. Enter the amount and choose a payment method.
Step 3: Choose “Apple Pay” as the mode of payment. Click “Confirm.”
Buying crypto on Binance with Apple Pay
Step 4: Press [Purchase] to continue. Verify your payment information thoroughly, then confirm your order by the deadline.
Step 5: Comply with the guidelines to finish the payment process (use a password or Touch ID to confirm). You can view the order details by clicking [View History] after your order has been successfully processed.
Best crypto exchanges
How do I choose which exchange to buy crypto from?
When learning how to buy cryptocurrency with Apple Pay, you need to understand how to choose the exchange, which also acts as the transaction's middleman. The following are the most important factors you should take into account when choosing which cryptocurrency exchange to buy cryptocurrency with Apple Pay.
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Traders should prioritize security, reputation, and regulation when looking for an exchange. Choose cryptocurrency exchanges with robust security features, like two-factor authentication (2FA) and cold storage for funds, even though the majority of them may not be regulated. To increase security, take into account exchanges that abide by the legal requirements in your area
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Examine the fees: Exchanges impose fees on traders, so compare the fees of different crypto exchanges to identify the most affordable choice
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A higher level of exchange liquidity guarantees that your orders can be filled promptly and at a competitive price, so be sure to check it
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Always choose exchanges that support the cryptocurrencies you wish to buy or trade and have an easy-to-use interface
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Verify the available payment options. If you want a platform that offers Apple Pay, ensure to confirm from the customer services, which is why you should opt for cryptocurrency exchange with responsive customer service that can help you out if you run into any problems
Expert Opinion
Apple Pay offers seamless convenience and security when purchasing cryptocurrencies using cryptocurrency exchanges. Apple Pay simplifies the payment process, enabling users to make purchases with a simple touch or glance, thereby enhancing the overall user experience. Furthermore, Apple Pay enhances security by abstaining from storing actual card numbers on devices or servers, thereby reducing the risk of fraud.
However, the utilization of Apple Pay on exchanges for purchasing cryptocurrencies may be restricted by exchange availability and regional limitations. Not all exchanges endorse Apple Pay, so users should confirm its availability on their preferred platform. Additionally, some exchanges may impose restrictions on Apple Pay transactions, potentially affecting larger purchases.
In a nutshell, Apple Pay provides a convenient and secure payment method for acquiring cryptocurrencies on supported exchanges. Its integration with the Apple ecosystem and emphasis on security render it a practical option for users seeking a hassle-free purchasing experience.
Summary
Acquiring cryptocurrency via Apple Pay necessitates you register with a crypto exchange. When buying cryptocurrency on an iOS device or Safari web browser that supports Apple Pay, Apple Pay will be immediately displayed as a payment option if your Apple Wallet is linked to a Visa or Mastercard debit card. Your purchase limit is determined by the combined total of your debit card's transaction limit and the crypto exchange limits, with variations based on region and payment method. If you are not using Safari or an iOS device, or if you are not logged into your account, Apple Pay might not be an option for you to make a payment.
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Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).