Coinbase has made a significant upgrade by adding Apple Pay as a payment option for its Coinbase Onramp service. This new feature aims to simplify the process for the 60 million U.S. Apple Pay users, allowing them to convert fiat to cryptocurrency quickly and easily. With this integration, users can enjoy a faster experience, with transactions taking just seconds, thanks to a streamlined system that requires minimal verification. Existing apps that use Coinbase Onramp will automatically have Apple Pay available for eligible purchases. This move is part of Coinbase’s efforts to enhance its offerings, which recently included rewards for holding USDC and partnerships with Visa to enable quicker fund deposits.
Coinbase has just announced that it has integrated Apple Pay as a payment option for its Coinbase Onramp service. This innovative tool allows users to convert their fiat currency into cryptocurrency quickly and easily. With around 60 million Apple Pay users in the U.S., this move is expected to significantly streamline the process of getting into crypto.
According to Coinbase’s press release, this integration will make it simpler for people to purchase cryptocurrencies, enhancing their access to popular payment methods and speeding up the conversion process to just seconds. The Coinbase Onramp tool is designed to simplify onboarding to crypto, which typically involves a complicated process with multiple applications and lengthy identity checks.
This new feature will automatically appear in apps already using Coinbase Onramp, making it even more convenient for users to get started with digital currencies.
Coinbase has been busy expanding its offerings recently. Just a few weeks ago, it allowed users to earn rewards by holding USDC, a stablecoin, in its wallet. Additionally, they acquired the Utopia Labs team to boost their onchain payment capabilities. Moreover, a partnership with Visa was announced, enabling quicker deposits for customers using eligible Visa debit cards.
With these developments, Coinbase continues to enhance the user experience and accessibility of cryptocurrency, making it easier for everyone to participate in the digital economy.
Tags: Coinbase, Apple Pay, Coinbase Onramp, Crypto Payments, Digital Payments, Cryptocurrency News.
What is Coinbase’s integration with Apple Pay?
Coinbase has added Apple Pay so you can easily buy cryptocurrency using your Apple devices.
How does using Apple Pay on Coinbase work?
When you want to buy crypto, you can select Apple Pay as your payment method and complete the purchase with just a few taps.
Do I need a Coinbase account to use Apple Pay?
Yes, you need to have a Coinbase account to use Apple Pay for buying cryptocurrency on their platform.
Is there a fee for using Apple Pay on Coinbase?
There may be fees for buying crypto on Coinbase, but using Apple Pay itself does not have additional charges.
What cryptocurrencies can I buy with Apple Pay on Coinbase?
You can buy several popular cryptocurrencies, like Bitcoin and Ethereum, using Apple Pay on Coinbase.
