Mon, April 22

Apple Pay and Google Pay Gets Support From Gemini

Apple Pay and Google Pay Gets Support From Gemini Exchange News
  • Major cryptocurrency exchange supports Apple Pay and Google Pay.
  • Gemini users can now buy BTC by connecting debit cards to digital wallets.
  • Over 30 cryptocurrencies are available on Gemini.

The most significant cryptocurrency exchange Gemini allows its users to buy cryptocurrencies like Bitcoin, Ethereum via Apple Pay and Google Pay.

In a recent post, Gemini has stated that its users can connect debit cards with Apple Pay and Google Pay to purchase cryptocurrency. More so, over 30 cryptocurrencies are available on Gemini for the users to make a purchase as many users are willing to spend their crypto.

Among that 30 cryptos, the major coins include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) along Ethereum-based tokens like AAVE, DAI, and Maker’s MKR. Moreover, the user’s money will be available to withdraw after one hour from the time of purchase. 

Gemini has not stated the fee charges for buying cryptocurrency using Apple Pay or Google Pay. Gemini maintains a deposit fee chart, in which they charge only for debit card transfers for about 3.49% of the total purchase amount while wire transfer and crypto-to-crypto are free of cost.

Apple Pay Has Already Allowed Its Users To Buy With Bitcoin

Recently, in February, Apple announced that its users can purchase products with Bitcoin using BitPay’s Prepaid Mastercard.

Additionally, BitPay stated that Bitcoin can be added to the Apple wallet so that cryptocurrency holders can spend their crypto via Apple Pay. Moreover, the RBC Capital Markets have analyzed that it could benefit Apple to gain more profits by allowing crypto purchases and trades.

Furthermore, cryptocurrency in this digital world has been enhancing its growth in the past few months through adding payment options with wallets. In addition, many significant figures and companies are now being a great support for cryptocurrency.

Recommended for You

Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.