How to Buy Crypto with Apple Pay
As outlined above, the best exchange to buy Cryptocurrencies with Apple Pay in over 120 countries is Uphold. Their platform offers fast and cheap deposits and withdrawals via Apple Pay to trade over 270 cryptocurrencies with zero trading fees and tight spread. They accept all VISA and Mastercards.
You can get started in 5 simple steps, or watch the video guide below for more details.
- Sign up to the Uphold platform and verify your identity.
- Tap "Transact" on the bottom of your screen and select "Apple Pay" and enter your deposit amount.
- Find the asset you want to buy and input the amount you want to invest.
- Tap "Preview deposit" and review all of your details.
- Select "Buy with Apple Pay" and confirm the card you want to use and your transaction will be finalized!
Deposit Limits for Apple Pay
The current 24 hour deposit limit to buy Cryptocurrencies on the Uphold platform with Apple Pay is $500 USD. This limit is reset at midnight every day and can be increased if you reach out to their support team. The average deposit limit on other platforms like Coinbase and Kraken for Apple Pay deposits is also $500 USD.
What are the Benefits of Buying Crypto with Apple Pay?
Using Apple Pay to buy Cryptocurrencies has a range of benefits:
- Low Fees – Uphold charges zero fees for all crypto purchases and a small spread of 0.5%, making it one of the cheapest crypto brokers.
- Quick – Purchases are quick and easy with no additional wait time for funds to be transferred from your bank account.
- Secure – Apple Pay is protected by your credit card company or bank, so you can rest assured that your money and account are secure.
- Easy to Use – Apple Pay is easy to use and familiar, making it a great option for first-time investors looking to get started.
- Convenience – You don't have to worry about transferring money into an exchange or waiting for funds to be transferred. You can purchase Bitcoin or other cryptocurrencies directly with Apple Pay and they're available in your wallet right away.
Will Apple Support Crypto Purchases in the Future?
Apple has not officially released any statements regarding their plans to support cryptocurrency purchases directly in the iOS app, but it is something investors are eagerly awaiting. If Apple does decide to allow crypto purchases natively through iPhones and other iOS apps, it will be a huge boost for digital asset adoption.
What is Apple Pay?
Apple Pay is a mobile payment and digital wallet service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web. It is available on iPhone, iPad, and Apple Watch devices. Using Apple Pay is simple, and it can be used to make purchases with a tap of the finger or a double-click of the side button on an Apple Watch. To use Apple Pay, you'll need to add a credit or debit card to the Wallet app on your Apple device. Then, you can use Apple Pay to make payments at participating retailers, both online and in person.
Final Thoughts
Apple Pay is a fast, easy, and secure way to buy Cryptocurrencies like Bitcoin, Ethereum, and more. With Uphold's platform you can purchase over 270 cryptocurrencies with Apple Pay in 120 countries. Their platform provides low fees, quick deposits and withdrawals, secure transactions, and convenience for users looking to make crypto purchases.
We are hopeful that Apple will make a move to support the purchase of cryptocurrencies directly in their app in the future, which would be a significant boost for digital asset adoption globally.