With the rise of the crypto industry and Bitcoin, in particular, we saw that it is quite hard for a non-techie audience to puzzle out all these seed phrases, wallets, addresses, and commissions. Luckily now we have every chance to buy Bitcoin with Apple Pay in a few clicks.
Apple Pay is a contactless payment system for iOS devices that allows users to make payments in stores, apps, and on the web. It is one of the most protected payment options because it uses industry-leading security to keep your information safe. When you use Apple Pay, your credit or debit card number is not stored on your device and is not shared with the seller. Instead, an individual device account number is assigned, which is encrypted and stored securely as a secure element on your device. Each trade is authorized with a single-use security code that is unique to each device.
In this guide, we are going to review the top 3 exchanges for your fast and secure transactions!
Where to Buy Bitcoin with Apple Pay
While almost all modern crypto exchanges offer Apple Pay payments, currently, there are three decent platforms you should leverage to buy “digital gold.”
These are:
1. Kraken
Kraken is among the longest-running cryptocurrency exchanges in the world, having been in business since 2011. Over the past few years, it has established itself as one of the few cryptocurrency exchanges allowing users to trade over 120 cryptocurrencies using a wide range of fiat currencies. This helped it stand out from the competition.
In addition, the platform supports a wide range of services, such as staking, margin trading, and futures trading, that are available to users.
Kraken is known not only for its cheap fees, which is an additional advantage for Apple Pay users but also for the ease of use and the high degree of security measures associated with the platform. Learn more about
2. Bitget
The Bitget exchange was founded in 2018. It is one of the largest centralized sites. Bitget supports derivatives and OTC markets. According to CoinMarketCap, Bitget is the 8th largest cryptocurrency exchange.
26 tokens are available for trading, and the number of trading pairs is 37. The platform features spot and futures markets. However, the main focus is on derivatives. The TradingView technical analysis platform is integrated into the exchange interface.
Here you can set a plan to buy bitcoins with Apple Pay on a regular basis.
You should definitely opt for this exchange if you aim to trade your bitcoins on the derivative market. Various features like the technical analysis platform that are mentioned above and the copy trading can help you out further in this process.
3. Crypto.com
Founded in 2016, Crypto.com has evolved into a full-fledged and well-known international cryptocurrency center in a few years. This crypto ecosystem consists of an app, an exchange, a DeFi wallet, Crypto Credit, Crypto Earn, and many other services. On top of this, the process of buying BTCs with Apple Pay on Crypto.com is fast and smooth.
Crypto.com works with regulators around the world and is committed to providing you with the most convenient way to buy, sell and stake cryptocurrencies.
Comparison Table of Top 3 Exchanges
Crypto Exchange | Score | Trading volume (24h) | Avg. Liquidity | Weekly Visits | Apple Pay Support |
Kraken | 7.5 | $377,646,833 | 742 | 978,767 | ✔️ |
Bitget | 6.0 | $436,782,712 | 584 | 1,422,129 | ✔️ |
Crypto.com | 5.8 | $160,375,629 | 622 | 1,038,226 | ✔️ |
How to Buy Bitcoin with Apple Pay in 2 Minutes
Estimate Cost : USD
Time Needed : 0 days 0 hours 2 minutes
Follow these steps to start buying Bitcoin with your eligible credit cards stored in your Apple Wallet:
Login to Bitget
Log in to your account on any of the mentioned exchanges, e.g., Bitget.
Select Bitcoin
Search for Bitcoin and click “buy.”
Select Apple Pay
Choose Apple Pay as your payment method.
Enter your password
Pass biometric ID verification or enter a password. It will take about 3 seconds for your transaction to be done. After that, you’ll find the purchased amount of Bitcoin in your spot wallet.
Tools
- Apple Pay Device
- Crypto Wallet
Things to keep in mind while buying Bitcoin with Apple Pay
Your order may not be filled right away due to the following reasons:
- The price has expired. The system gives you 15 seconds to end a purchase. Please note that the time also depends on your network connection.
- Your order exceeded the buy limit or was below the minimum amount.
- There are no eligible credit/debit cards in your Apple Wallet. Please add another card and make sure it was issued in the USA (if you are using Crypto.com or Kraken).
- Your bank rejected this transaction.
Why Should I Buy Crypto with Apple Pay?
Buying crypto with this method has a number of benefits. Here are some of the most common ones:
Simplified route
With Apple Pay, you don’t have to buy stablecoins like Tether and search for trading pairs. Everything required from you is to find the related page in the app/on the website and conduct a transaction with your virtual Apple Wallet.
100% security
The complete information of the customer’s bank account is stored in the chip. Access to other programs is prohibited, data is not shown to other devices, and even the Apple Pay payment system cannot access it.
Access to the banking operations of the client is closed. All payments are kept confidential since the main component responsible for managing authentication launches Secure Enclave payment transfers. In addition, it stores the owner’s fingerprint image for the Touch ID function.
More than just a wallet
Bitcoin price is too delicious, but the payday is yet to come? It is possible to apply for a loan through the Apple Pay application. Now you can purchase crypto even if your funds are insufficient.
No hidden fees
There are cases when a customer has to pay the exchange’s commission and then fulfill the one from their bank. Luckily Apple has addressed this issue, and now you pay a single fee for all the services included. The final amount is indicated right on your screen.
The company has partnered with major credit card issuers and banks to provide a seamless experience for its users. So now you can forget about the extra charges.
Better purchase tracking
There are times when you buy Ethereum with different credit cards. Eventually, this complicates the tracking system as you have to check several reports to find that one transaction.
With Apple Pay, all purchases can be combined into one report, even if they were made using different bank cards.
FAQs
How do I connect my exchange account to Apple Pay?
If the platform supports this function, then no more actions are required from your side. The app will automatically connect to your existing Apple Pay account. From there, buying a cryptocurrency can be completed in three steps: “buy,” “pay with…” and “view and confirm purchase.”
Is it possible to buy crypto with Apple Pay?
Yes! Now you can not only buy clothes and tickets and pay in cafes but also purchase digital currency. All you have to do is to check whether your crypto exchange or wallet supports Apple Pay.
What exchanges provide the opportunity to leverage Apple Pay?
In 2023, it is harder to find those that have no Apple Pay support. However, it is crucial to find the most secure option. Currently, we recommend using Crypto.com, Kraken, and Bitget.
Is Apple content with crypto purchases?
Apple Pay has announced that it will soon expand support for cryptocurrencies, allowing users to buy, hold and sell digital assets directly in the Apple Wallet app. The move makes Apple one of the most cryptocurrency-friendly large corporations in the world and could bring more attention to this asset class.
What are the Apple Pay cryptocurrency fees?
There are two fees to consider when investing in Bitcoin and other cryptocurrencies:
– Deposit fee. This fee is charged when you deposit USD into your exchange account
– Trading fee. The commission you incur when exchanging USD for Bitcoin (BTC).
However, some websites offer zero fees/other terms and conditions. So we recommend you check this with your exchange of choice.