Coinbase, a digital currency exchange, is expanding its reach. The exchange is now accepting Apple Pay as a payment option for its userbase, the company announced on Tuesday.
Coinbase is adding Apple Pay support in its iOS and Android apps today for its users. The process is pretty simple: just tap the Coinbase app once to add your Apple ID, then tap Apple Pay at checkout. You’ll be able to use your phone as a form of payment in person at restaurants, grocery stores, and more.
Coinbase has added support for Apple Pay in its mobile and web apps, allowing users to make purchases through the program. This means that Coinbase users can now use Apple Pay to make purchases at merchants that accept Apple Pay in addition to their usual Coinbase login. This is significant because Coinbase users can now use their Apple Pay account to make in-app purchases on Coinbase, which is a feature that is not available to Coinbase users who only use the Coinbase desktop app.
The crypto world is expanding at a breakneck pace, and improved technology is making trading crypto-assets a breeze. Many industries are intending to incorporate digital money, and some have already done so. Many prominent exchanges, on the other hand, have merged and upgraded their payment methods to make the buying process easier for investors. Coinbase has also just introduced a user-friendly payment option to its platform.
Coinbase is a digital currency trading platform with a worldwide reach. In a blog post published on August 5, the website announced the addition of a payment option. Coinbase customers may now buy digital assets using Apple Pay, and Google Pay will be introduced as a payment option later, according to the company’s statement.
According to the blog post:
“When you purchase bitcoin with Coinbase on an Apple Pay-compatible iOS device or Safari web browser, Apple Pay will show as a payment option if you already have a Visa or Mastercard debit card connected in your Apple Wallet.”
Furthermore, the site states that customers may utilize their connected debit cards with Google Pay and Apple Pay to make purchases. Instant cashouts of up to $100,000 per transaction are also accessible 24 hours a day, 7 days a week.
Cashouts in a flash
Real-Time Payments allows Coinbase’s US clients to receive immediate cashouts up to $100,000 per transaction (RTP). Instant cashouts through RTP enable you to get money in seconds, 24 hours a day, 7 days a week, without having to pay exorbitant fees. Furthermore, there are no limits to the number of times you may pay out each day.
Coinbase is growing its network by introducing new services and expanding into new nations. Customers in the United States may now purchase cryptocurrency using an ACH or wire transfer from a connected bank account, a debit card, and money in their Coinbase USD wallet. Coinbasae also accepts this form of payment in over 20 countries.
In April, Gemini, a cryptocurrency exchange, also incorporated Google Pay and Apple Pay. The platform is concentrating on expanding its global network. In the near future, Coinbase may have a slew of new features. Coinbase is working to extend its capacity to buy crypto-assets and cash out immediately, and these developments will be announced on the company’s website.
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The world’s largest cryptocurrency exchange, Coinbase, has added support for Apple Pay in its payment options. You can now use the popular mobile payment system to buy Bitcoin, Ethereum, Litecoin and Bitcoin Cash through the Coinbase app.. Read more about what is the latest firmware for airpods pro and let us know what you think.
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