Fri, December 1

Coinbase Adds Apple Pay in Its Payment Options

Coinbase Adds Apple Pay in Its Payment Options Exchange News

The crypto world is exponentially growing and trading crypto-assets are becoming seamless with advanced technology. There’s been many sectors planning to integrate digital currency and some have already implemented it. However, to make the purchase simple for investors, many popular exchanges have integrated and updated their payment options. Likewise, Coinbase has now added a user-friendly payment option to its platform.

Coinbase is a global exchange platform for trading digital currency. The platform confirmed its added payment option in its blog post on August 5. According to its announcement, Coinbase users can now purchase digital assets using Apple Pay and later Google Pay will also be added as a payment option.

The blog post states that:

“If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will appear as a payment method when you buy cryptocurrency with Coinbase on an Apple Pay-compatible iOS device or Safari web browser.”

Moreover, the platform describes that users can purchase with linked debit cards to Google Pay and Apple Pay. As well, instant cashouts up to $100,000 per transaction are also available 24/7.

Instant Cashouts

Coinbase offers its US customers to get instant cashouts upto $100,000 per transaction via Real-Time Payments (RTP). Instant cashouts via RTP allow you to receive money in seconds, 24/7, without the high cost of fees. Furthermore, there are no restrictions on how many times you can cash out per day.

Coinbase is expanding its network to more countries while adding more features. Now, US customers can buy crypto with an ACH or Wire transfer from a linked bank account, a debit card, and funds in their Coinbase USD wallet. In addition, Coinbasae accepts this method of payment in 20+ countries.

Similarly, Gemini, a crypto exchange, also integrated Google Pay and Apple Pay, back in April. The platform is focused on developing its network all over the world. There might be many more added options in Coinbase in the near future. Coinbase works on expanding the ability to purchase crypto-assets and cashout instantly, whereas these updates will be posted on its website.

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