Coinbase users can now buy crypto with Apple Pay

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Crypto exchange Coinbase announced on Thursday that users can now use Apple Pay to purchase crypto assets on its platform, with Google Pay integration to follow.

Today we were introducing new seamless ways to enable crypto purchases with debit cards linked to Apple Pay and Google Pay, and instant withdrawals up to $ 100,000 per transaction available 24/7. , a Coinbase blog post said Thursday.

If you already have a Visa or Mastercard debit card linked to your Apple Wallet, Apple Pay will automatically appear as a payment method when you buy crypto with Coinbase on an iOS device supported by Apple Pay or a Safari web browser, a mentioned the Coinbase blog post.

Coinbase plans to activate the Google Pay feature later this fall.

Buying #Bitcoin just got easier!

You can sync your ApplePay wallet with Coinbase using any Visa or MasterCard debit card.

– Bitcoin Archive (@BTC_Archive) August 5, 2021

In the same article, Coinbase announced instant withdrawals via real-time payments (RTP), allowing customers in the United States with linked bank accounts to instantly and securely cash out up to $ 100,000 per transaction.

The Gemini digital asset exchange took a similar step in April, integrating Google Pay and Apple Pay money transfer options on its platform.

Coinbase went public under the ticker symbol COIN earlier in 2021 and has grown significantly over the years, aiming to comply with regulators.

A new US bill pending approval includes changes to the country’s crypto tax requirements. Coinbase CEO Brian Armstrong recently disagreed with the bill, calling one aspect absurd.

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