Coinbase now lets you buy cryptocurrency with Apple Pay

Coinbase now lets you buy cryptocurrency with Apple Pay

By

Coinbase adds Apple Pay support
Try it out today.
Photo: Coinbase

Coinbase, the popular cryptocurrency exchange, now lets you buy assets using Apple Pay. The new payment method appears with you have a Mastercard or Visa debit card added to the Wallet app.

What’s more, Coinbase is making it faster to cash out up to $100,000.

With support for over 100 countries and almost 60 million users, Coinbase has become one of the biggest cryptocurrency exchanges in the world since it was founded back in 2012. It now turns over more than $1 billion a year.

Coinbase is also one of the easiest ways to buy crypto assets on your iPhone and iPad. And now, with Apple Pay support, it’s also one of the fastest.

Coinbase adds Apple Pay support

Coinbase on Thursday added both Apple Pay and Google Pay as payment methods for cryptocurrency buyers. The Apple Pay option appears automatically when you have a support debit card added to the Wallet app.

Apple Pay isn’t just available inside the Coinbase app, but also on the Coinbase website when you use a supported version of Safari. That means you can also use it when trading cryptocurrency on your Mac.

Alongside Apple Pay, customers in the U.S. can now buy cryptocurrency using an ACH or wire transfer from their bank account, a debit card, or by using funds in their Coinbase wallet.

Withdraw up to $100,000 instantly

Coinbase also confirmed this week that it is making it faster to withdraw your money. It has become the first crypto exchange to offer instant cash-outs using Real-Time Payments (RTP) for customers in the U.S.

The feature lets you securely and instantly take out up to $100,000 per transaction, which you can get your hands on in seconds. There are no limits on the amount of cash you can withdraw per day.

These features will be expanded to more countries in the coming months, Coinbase said. “Stay tuned for announcements.”