Summary: If you wish to buy Bitcoin and other cryptocurrencies using Apple Pay, we recommend going through Paxful.

They are a licensed and regulated Bitcoin, Ethereum & Tether investing platform that currently supports over 350 deposit methods including Apple Pay.

Table of Contents

Can I buy Bitcoin with Apple Pay?

Yes, you can purchase Bitcoin with Apple Pay by going through the peer-to-peer cryptocurrency exchange, Paxful. Paxful has been around since 2015 and is based out of New York, United States. They are one of the leading peer-to-peer Bitcoin, Ethereum and Tether investing marketplaces used by millions around the world.

One of the main reasons for their popularity is due to the available deposit methods they support on their platform. They currently support over 350 different deposit methods which is more than any cryptocurrency exchange in the world.

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How to buy Bitcoin or Crypto with Apple Pay

We recommend using Paxful as it's the easiest way to buy Bitcoin, Ethereum & Tether with Apple Pay.

Follow the guide below to get started.

  1. Sign up to Paxful
  2. Complete your verification and Select 'Bitcoin' as currency and 'ApplePay' as payment method
  3. Enter the amount of USD you wish to invest and press 'Find Offers'

You will then be redirected to this page with options of prices you can buy bitcoin at. Simply find the price you wish to buy and select 'Buy B'.

Confirm the amount you will spend in USD and the amount you will receive in BTC and press confirm.

Deposit & Trading Fees

When investing in Bitcoin and other cryptocurrencies, there are two fees one should consider.

  • Deposit Fee - This fee is charged when you deposit USD¬†into your exchange account
  • Trading Fee - This is the fee you will incur when trading your USD for Bitcoin (BTC)

Although when using Paxful, it is always free to buy cryptocurrencies so there are no trading fees charged when buying cryptocurrencies. However, there is fees when selling your cryptocurrencies via Paxful.

It is important to note that when buying cryptocurrencies from other users on Paxful, you are buying cryptocurrency at a rate set by the customers themselves. These rates can vary based on multiple factors such as your verification status, payment method, currency pair (such as USD, EUR, CNY), and order size.

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About Apple Pay

Apple Pay is a contactless payment system for iOS devices that allows users to make payments in stores, apps, and on the web. It was introduced in 2014 and is available in the United States, UK, Canada, Australia, Singapore, Taiwan, and China.

Apple Pay Crypto

Apple Pay is one of the most secure payment options because it uses industry-leading security features to keep your information safe. When you use Apple Pay, your credit or debit card number is not stored on your device or shared with the merchant. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element of your device. Each transaction is authorized with a one-time unique dynamic security code.

This payment method can be used to make purchases in stores, apps, and on the web. In-store, Apple Pay can be used with iPhone 6 or later and Apple Watch. When making a purchase online or in an app, Apple Pay can be used on any device with iOS 11 or later.

Visit Paxful
Posted 
Jun 23, 2022
 in 
Crypto Banks
 category

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