Bitcoin is a digital currency that is decentralized and not subject to government or financial institution control. It is traded on exchanges and can be used to purchase goods and services online and in some brick-and-mortar stores.
Apple Pay is a mobile payment and digital wallet service that allows users to make payments in person, in iOS apps, and on the web. It is supported on iPhone, Apple Watch, iPad, and Mac devices.
Also Read: How to Buy Bitcoin with Apple Pay on BitPay
If you want to buy Bitcoin with Apple Pay, you can do so using the Coinbase exchange. Coinbase is a popular and trusted exchange that offers a variety of payment methods, including Apple Pay.
To buy Bitcoin with Apple Pay on Coinbase, follow these steps:
Sign in to your Coinbase account on an Apple Pay-supported iOS device or Safari web browser.
On the Coinbase dashboard, select Bitcoin (BTC).
Click Buy.
Enter the amount of Bitcoin you want to buy.
Click Add payment method.
Select Apple Pay.
Confirm the purchase using Apple Pay.
Once you have confirmed the purchase, your Bitcoin will be added to your Coinbase wallet. You can then view, trade, or send your Bitcoin as you see fit.
Here are some additional things to keep in mind:
Coinbase charges a fee of 4.99% for buying Bitcoin with Apple Pay.
You can only buy Bitcoin with Apple Pay on Coinbase, not sell it or withdraw it to your bank account.
You have a daily limit on how much Bitcoin you can buy with Apple Pay. This limit is determined by Coinbase based on your account verification status and other factors.
If you are new to Bitcoin, it is important to do your research and understand the risks involved before investing. Bitcoin is a volatile asset and its price can fluctuate wildly.
Do you know: You can buy Bitcoin easily on Coincloud ATM, contact Coincloud Customer Service team.
Why buy Bitcoin with Apple Pay?
There are a few reasons why you might want to buy Bitcoin with Apple Pay:
Convenience: Apple Pay is a convenient and secure way to make payments online and in stores.
Speed: Bitcoin transactions are fast and secure.
Privacy: Bitcoin transactions are private and anonymous.
Investment: Bitcoin is a volatile asset, but it has the potential to generate high returns for investors.
Conclusion
Buying Bitcoin with Apple Pay is a convenient and easy way to get started with Bitcoin. However, it is important to do your research and understand the risks involved before investing.
