Buy bitcoin with apple pay

How to Buy Bitcoins with Apple Pay

The companies below let you buy bitcoin via Apple Pay.

We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.

Coinbase is the world’s largest bitcoin broker. Customers can use ApplePay to buy crypto like Bitcoin and Ethereum as well as other coins on the platform. Coinbase charges a flat 1.49% fee on all transactions. If you want to cash out, though, you will need to use a method other than ApplePay.

  • High liquidity and buying limits
  • Easy way for newcomers to get bitcoins
  • «Instant Buy» option available with debit card
  • Purchases made with bank transfer can take up to 5 days to complete
  • Coinbase may track how and where you spend your bitcoins

With Coinmama, its easy to use your preferred payments methods you’ve set up in your ApplePay account. Coinmama charges a 4.9%-5.9% (depends on volume) fee on each purchase.

  • Works in almost all countries
  • Highest limits for buying bitcoins with a credit card
  • Reliable and trusted broker
  • Some of the highest fees among credit/debit card bitcoin brokers

Lumi is a multicurrency cryptocurrency wallet that has a built in exchange. The Lumi exchange offers fiat crypto buys via ApplePay. As with most exchanges integreated into wallets, you will need to download the wallet to access the exchange. And like most wallet exchanges, fees are also high.

  • Easy to use for existing Lumi users
  • Supports ApplePay
  • Supports many cryptos
  • High fees
  • Must download wallet

Exodus is a multicurrency cryptocurrency wallet that has a built in exchange. This exchange supports several payment methods, and ApplePay is one of the easiest to use. You will need to download the wallet to access the exchange though. And like most wallet exchanges, fees are also high.

  • Easy to use for existing Exodus users
  • Supports ApplePay
  • Supports many cryptos
  • High fees
  • Must download wallet

Buying Bitcoin has a reputation for being difficult and intimidating, but in reality it really doesn’t have to be so complicated.

These days, it can be as simple as picking up your phone, tapping a few times, authenticating the purchase, and receiving your Bitcoin.

If you’re looking to learn how to buy Bitcoin using Apple Pay — one of the most convenient ways to purchase the cryptocurrency — you’ve come to the right place. But first, let’s take a look at what exactly Apple Pay is.

Chapter 1

Buying Bitcoin with Apple Pay

There are a number of services that support buying Bitcoin with Apple Pay. Coinmama, Wyre, and Banxa all support many U.S. states and dozens of countries worldwide, with some notable differences between their offerings. Additionally, there is always the option of peer-to-peer markets, which offer the widest range of payment methods.

Buying Bitcoin With Apple Pay on Coinmama

Coinmama is one of the largest cryptocurrency exchanges to support Apple Pay. They unveiled this feature in a blogpost that touched on recent trends toward mass adoption of crypto, such as PayPal allowing users to purchase Bitcoin on their platform.

Buying Bitcoin with Apple Pay on Coinmama is simple. After creating and verifying an account, head to the Buy page, where you’ll see options for buying amount of Bitcoin ranging from $100 to $1000. You can also select a custom amount to purchase.

After selecting the amount you wish to purchase and entering the wallet address you want your Bitcoin sent to, select Apple Pay from the range of payment options listed. You’ll need to do this on a device with an Apple Pay-compatible card linked.

As you can see, there is a 5% fee applied for the convenience of using Apple Pay to buy Bitcoin in a matter of minutes. Coinmama makes it easy to see exactly how much Bitcoin you’ll be receiving and how much you’ll pay in fees.

Buying Bitcoin With Apple Pay Using Wyre

Wyre allows you to buy Bitcoin and many other cryptocurrencies using a Visa, Mastercard, or Discover credit or debit card. You can link any of these supported cards to Apple Pay and checkout with it for a streamlined experience.

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One of Wyre’s best features is that it doesn’t require you to create an account or undergo KYC verification in order to purchase Bitcoin, meaning your personal information isn’t at risk in the event of a potential data breach.

Purchasing Bitcoin using Apple Pay with Wyre is available to residents of all U.S. states excluding Connecticut, Hawaii, New York, New Hampshire, Texas, Vermont, and Virginia.

Internationally, residents of Algeria, Argentina, Australia, Austria, Belarus, Belgium, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Cyprus, Czech Republic, Denmark, Dominican Republic, Estonia, Finland, France, Germany, Greece, France, Hong Kong, Iceland, India, Indonesia, Israel, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Mexico, Nepal, The Netherlands, New Zealand, Norway, Paraguay, Peru, Philippines, Poland, Portugal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Tanzania, Thailand, Turkey, and Vietnam can use the service.

Users can link Visa, Mastercard, or Discover debit or credit cards, making it one of the few platforms to support credit cards. Some card providers categorize cryptocurrency purchases differently to regular transactions and impose a cash advance fee. It’s worth checking with your provider to confirm what fees, if any, they will apply.

There is a minimum purchase amount of $1.00. U.S. residents can buy $500 per week, up to a maximum of $5,000 per year. Residents of other supported countries can purchase $1,000 weekly up to $7,500 yearly.

Fees are more competitive than CoinMama, with a $5 minimum fee or 2.9% + $0.30, whichever is greater.

Wyre does not have its own standalone app. Instead, it partners with platforms such as Redeeem and BRD to power in-app crypto purchases.

Buying Bitcoin With Apple Pay Using Banxa

Banxa is very similar to Wyre in that it provides fiat on-ramp services to third-party platforms such as Shapeshift and Changelly. It has the added benefit of having a standalone web interface, meaning you can purchase Bitcoin directly through Banxa’s website.

You will, however, have to provide documents to satisfy Know Your Customer and Anti-Money Laundering (KYC/AML) laws.

Buying Bitcoin With Apple Cash

Another way to purchase Bitcoin using Apple Pay is by using Apple Cash. Apple Cash allows you to send money from any linked card to a recipient. This can be anyone, all you need is their iMessage details. iMessages are end-to-end encrypted, so you’re not sending any payment details in the clear.

You can use Apple Cash to buy Bitcoin on a number of peer-to-peer (P2P) exchanges. Paxful has a decent amount of sellers who accept Apple Cash.

LocalBitcoins is another option.

Be aware that many sellers have quite stringent identity verification policies.

As always, be sure to conduct trades only through the P2P platform where you are protected by the escrow and dispute arbitration services.

Chapter 2

What is Apple Pay?

Apple Pay is Apple’s iOS native payment service and digital wallet. Apple Pay improves on traditional payment methods in many ways, especially when it comes to security.

Your card number is never shared with the merchant you’re purchasing from. Neither does Apple keep track of your transactions, meaning your purchases can’t be used to build a profile that can then be sold to advertisers — as MasterCard, Amex, and potentially many more card providers do.

Not content with merely acting as the middleman for other payment providers, Apple Card is the tech giant’s answer to complicated credit card fee schedules and lack of customer privacy. There are no annual fees, and Apple doesn’t print any number on the physical card. This means that if it falls into the wrong hands, the potential thief would not be able to use your card details to purchase anything — even online, which typically only requires the information immediately visible on the card. It integrates easily with the iOS Wallet app and Apple Pay.

Apple Pay’s software takes advantage of a special chip that all models since the iPhone 6 have built in. This chip, called an embedded Secure Element (eSE), is a specially-designed, tamperproof piece of hardware that can securely host applications and their sensitive data. This can include cryptographic keys, the same keys that secure cryptocurrency wallets. This means that these function a lot like a crypto hardware wallet.

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How to buy Bitcoin with Apple Pay

This beginner’s guide walks you through which Bitcoin brokers let you deposit money with Apple Pay, and breaks down some of the most important things to think about when using one.

Where can you buy Bitcoin with Apple Pay?

Here’s a run-down of the best brokers that accept Apple Pay, which have been chosen by our team of experts based on how quick, easy, and inexpensive they are to use.

What is an Apple Pay Bitcoin broker?

A broker that offers Bitcoin and lets you fund your account using Apple Pay. In general, a Bitcoin broker is a service that offers Bitcoin at a fixed price and executes your trades for you. It usually charges a small fee for doing so, and one of the features of using Apple Pay is that it tends to be a bit more expensive than using a standard payment method, like a bank transfer.

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How to deposit and withdraw via Apple Pay

Deposit

To deposit money , you generally need to follow the these steps:

  1. Open an account and then verify your identity
  2. Go to your broker’s website, and select the “Apple Pay” option on the “Add money” screen.
  3. After that, you’ll be prompted to link your Apple Pay account to your brokerage account.
  4. Add money to your Bitcoin wallet by entering an amount and selecting Apple Pay as the payment method.

Withdraw

You cannot withdraw Bitcoin to your Apple Pay account as it cannot hold cryptocurrency. However, if you’re selling Bitcoin and need to withdraw your money afterwards, you can simply select Apple Pay as the withdrawal option if you’ve already linked your account to the broker. If not, then select “withdraw” and follow the same steps as above.

What should I look for in an Apple Pay Bitcoin broker?

As well as accepting your payment method of choice, make sure your broker offers superior service too. Here are some key traits to look for:

  • Low withdrawal and deposit charges. The fees you’ll have to pay are typically a bit higher than what you’d have to pay if you use a credit card for the purchase instead. Still, rates can vary. Our guides will help you find the best deal around.
  • Speed. Ideally, your broker will enable you to execute trades quickly.
  • Ease of use. The best platforms are quick and easy to use, with a clean interface that means you can always find what you want without spending a long time looking. You should also look for platforms that have their own app so you can access your account on the go.
  • A strong reputation. Positive reviews and industry awards are two of the most positive indicators for a broker’s reputation. Take the extra time to read up on the accolades of the platform you plan to choose.
  • A verifiable track record. Make sure that your broker has been around for long enough to build up a track record of solid performance.

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How To Buy Bitcoin With Apple Pay Instantly

Last Update August 6th, 2021. Initially launched in 2014, Apple Pay is a popular payment method for making purchases and sending money to friends and family instantly and seamlessly.

Apple Pay is supported on most Apple devices including iPhone, Apple Watch, iPad, and Mac.

If you are buying or trading bitcoin in high volumes with Apple Pay our recommendation is to use Coinbase or Paxful for your trading needs.

Where To Buy Bitcoin With Apple Pay Instantly

Company Fees Countries Supported
Coinbase
Free, 0.1% to 5% for sellers Every country except for a few (see banned countries) LocalBitcoins
Free, 1% to advertisers All countries

Table of Contents

How Can I Buy Bitcoin With Apple Pay?

If you want to buy bitcoin using Apple Pay then you have to find a reputable exchange or marketplace that will let you do it.

How To Buy Bitcoin With Apple Pay On Coinbase Summary

  1. Create an account with Coinbase.
  2. Verify your account.
  3. Add Apple Pay as your payment method.
  4. Go to “Bitcoin” and select the amount you want to buy.
  5. Receive bitcoins directly into your Coinbase wallet.

That’s it! You have successfully purchased bitcoin with Apple Pay as the payment method.

6 Ways To Buy Bitcoin With Apple Pay

Coinbase

Website: coinbase.com CEO: Brian Armstrong Headquarters: San Francisco, California Founders: Brian Armstrong, Fred Ehrsam Founded: 2012 Customer service: Knowledge Base More information: Read Review

Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.

Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.

  • Established reputation
  • User-friendly interface
  • High liquidity
  • Large purchasing limits
  • Strong security
  • Support takes time to respond
  • Slow bank transfers
Reputation Fees Privacy Limits
Excellent Low High High

Gemini

Website: gemini.com CEO: Cameron Winklevoss, Tyler Winklevoss Headquarters: New York, New York Founders: Cameron Winklevoss, Tyler Winklevoss Founded: 2014 Customer service: Knowledge Base

Gemini is a simple, elegant, and secure way to build your bitcoin and crypto portfolio. Gemini has low fees and a strong reputation.

The dashboard makes it easy for investors to view a snapshot of their holdings upon login.

Gemini accepts deposits in USD, AUD, CAD, EUR, GBP, and HKD for trading.

  • Ability to set real-time market limit orders
  • Low fees
  • Clean user interface
  • Strong reputation
  • Great customer support
  • Exclusive to a limited number of countries
Reputation Fees Privacy Limits
Excellent Low High High

Coinmama

Website: coinmama.com CEO: Sagi Bakshi Headquarters: Israel Founders: Laurence Newman, Nimrod Gruber, Ilan Schuster Founded: 2013 Customer service: 24/7 email support and Knowledge Base More information: Read Review

Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.

Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.

  • Available worldwide
  • High purchasing limits
  • Dependable and trustworthy
  • Excellent leadership and customer support
  • Fast and secure transactions
  • High fees when purchasing with a credit card or debit card
  • Delay in processing time
Reputation Fees Privacy Limits
Excellent Low High High

Binance

★ ★ ★ ★ ★ Website: binance.com CEO: Changpeng Zhao Headquarters: Malta, European Union Founders: Changpeng Zhao, Yi He Founded: 2017 Customer service: Knowledge Base

Binance is a first-rate exchange for experienced traders who are looking for a respectable cryptocurrency marketplace to perform real-time trades.

With over 166+ cryptocurrencies available, both beginners and advanced traders have a myriad of tools and pairs available to them within one powerful trading platform.

Binance accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.

  • Trustworthy management
  • High volume exchange
  • Low fees
  • A large number of cryptocurrency pairs
  • Global support
Reputation Fees Privacy Limits
Excellent Low High High

Paxful

Website: paxful.com CEO: Ray Youssef Headquarters: New York, New York Founders: Ray Youssef, Artur Schaback Founded: 2015 Customer service: Knowledge Base More information: Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers
  • Buyers and sellers are at risk of being scammed
Reputation Fees Privacy Limits
Excellent Low High High

LocalBitcoins

Website: localbitcoins.com CEO: Sebastian Sonntag Headquarters: Helsinki, Finland Founders: Jeremias Kangas Founded: 2012 Customer service: Knowledge Base More information: Read Review

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.

LocalBitcoins gives vendors the ability to create offers in all currencies.

  • Available in every country of the world
  • A diverse selection of buyers and sellers
  • Supports many payment methods
  • Buyers get their bitcoins fast
  • Private
  • Lack of cryptocurrency diversity
  • Both sellers and buyers have a chance of being scammed.
Reputation Fees Privacy Limits
Excellent Low High High

What Is Apple Pay?

Introduced in 2014, Apple Pay is a digital wallet and mobile payment service that is exclusive to the iOS platform. Apple Pay allows customers to send money to contact through text messages and to make purchases within stores, in-app and online.

The Apple Pay wallet is a built-in feature on iOS devices.

How Apple Pay Works

Where Is Apple Pay Available?

Apple Pay is supported in most countries around the world including most of North America, Europe, Asia, and the Middle East. See the full list of countries here: https://support.apple.com/en-us/HT207957

You can use Apple Pay anywhere that you see the following symbols.

Opera Browser Apple Pay Support

In a partnership with payments firm Wyre, the Opera web browser has given United States and Scandinavian users the ability to buy bitcoin and ethereum with Apple Pay or debit card from the crypto wallet in the Opera browser.

Their iOS app, Opera Touch, has a built-in crypto wallet and simplifies the bitcoin buying process by giving users the ability to make bitcoin purchases instantly with Apple Pay.

Buy Bitcoin With Apple Pay On Exodus Wallet

You can buy bitcoin using Apple Pay if you are using the Exodus wallet for iOS. After ensuring that you have Apple Pay set up and the latest version of Exodus Crypto Wallet installed follow these instructions:

  1. Go to the Profile tab inside of your Exodus wallet application.
  2. Tap on Buy Bitcoin.
  3. Move the slider to the amount of Bitcoin you want to buy between $50 to $250.
  4. Once you have chosen the amount you want to spend you will see how much BTC underneath the slider you will receive, after confirming the details just tap Pay and confirm it using Apple Pay.
  5. After payment has processed you will see that the payment has been successful.

You have successfully purchased BTC with Apple Pay. The bitcoin will arrive shortly in your Exodus Crypto Wallet!

Apps For Buying Bitcoin With Apple Pay

Aside from using Paxful, which has a standalone app available on iOS, there are a number of bitcoin wallet apps that will accept bitcoin purchases made with Apple Pay. In particular, both the Spot Wallet and Spend Wallet App for iOS accept bitcoin purchases made with Apple Pay.

© 2021 Lithium Gold Ventures, LLC. All Rights Reserved.

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