Coin base an integration with Apple Pay on Monday, allowing app makers to build the ability to buy crypto with Apple Pay directly into their apps.

The integration is part of Coinbase Onramp, which gives app makers a way for customers to turn their traditional currencies, such as USD, into cryptocurrencies. That process has historically been difficult, requiring users to pay added fees and visit multiple websites or apps.

With the integration of Apple Pay, Coinbase is continuing to push its products toward the average consumer by making crypto purchases more accessible.

Apple seems to be embracing crypto with this integration — at least, more than it used to — perhaps marking a turn for the iPhone maker’s thorny relationship with the crypto industry.

Coinbase, one of the largest cryptocurrency exchanges in the world, has announced that it now supports Apple Pay for buying cryptocurrencies in third-party apps. This move is expected to make it easier for users to purchase cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, using their Apple devices.

How Does it Work?

To use Apple Pay to buy cryptocurrencies on Coinbase, users need to have an Apple device, such as an iPhone or iPad, and a Coinbase account. They also need to have Apple Pay set up on their device.

Once these requirements are met, users can go to the Coinbase app or any other third-party app that supports Coinbase and Apple Pay. They can then select the cryptocurrency they want to buy and choose Apple Pay as their payment method.

What Are the Benefits?

The integration of Apple Pay with Coinbase offers several benefits to users, including:

1. Convenience: With Apple Pay, users can buy cryptocurrencies quickly and easily, without having to enter their credit card information or other payment details.
2. Security: Apple Pay transactions are secure and encrypted, which reduces the risk of fraud and identity theft.
3. Wide Acceptance: Apple Pay is widely accepted, which means that users can buy cryptocurrencies from a variety of merchants and apps.
4. Easy to Use: Apple Pay is easy to use, even for those who are new to buying cryptocurrencies.

What Are the Supported Cryptocurrencies?

Coinbase supports a variety of cryptocurrencies, including:

1. Bitcoin (BTC): The largest and most well-known cryptocurrency.
2. Ethereum (ETH): The second-largest cryptocurrency and the largest altcoin.
3. Litecoin (LTC): A peer-to-peer cryptocurrency and open-source software project.
4. Bitcoin Cash (BCH): A cryptocurrency that was created in 2017 as a fork of the Bitcoin blockchain.
5. Ethereum Classic (ETC): A cryptocurrency that was created in 2016 as a fork of the Ethereum blockchain.

What Are the Fees?

The fees for buying cryptocurrencies with Apple Pay on Coinbase vary depending on the type of cryptocurrency being purchased and the payment method being used. However, Coinbase typically charges a flat fee of 1.49% for purchases made with Apple Pay.

Conclusion

The integration of Apple Pay with Coinbase is a significant development in the cryptocurrency space. It makes it easier for users to buy cryptocurrencies, such as Bitcoin and Ethereum, using their Apple devices. The benefits of this integration include convenience, security, wide acceptance, and ease of use. However, users should be aware of the fees associated with buying cryptocurrencies with Apple Pay on Coinbase.

The recent announcement by Coinbase to allow users to buy cryptocurrencies with Apple Pay in third-party apps has sent shockwaves of excitement throughout the cryptocurrency community. This move is expected to make it easier for users to purchase cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin, using their Apple devices. In this article, we’ll explore the benefits of Coinbase now letting you buy crypto with Apple Pay in third-party apps.

Convenience and Ease of Use

One of the primary benefits of using Apple Pay to buy cryptocurrencies on Coinbase is the convenience and ease of use it provides. With Apple Pay, users can quickly and easily purchase cryptocurrencies without having to enter their credit card information or other payment details. This streamlined process makes it easier for users to buy and manage their cryptocurrencies, which can help to increase adoption and drive growth in the cryptocurrency market.

Security and Transparency

Another benefit of using Apple Pay to buy cryptocurrencies on Coinbase is the security and transparency it provides. Apple Pay transactions are secure and encrypted, which reduces the risk of fraud and identity theft. Additionally, Coinbase provides a clear and transparent record of all transactions, which can help to increase trust and confidence in the cryptocurrency market.

Wide Acceptance and Accessibility

The integration of Apple Pay with Coinbase also provides wide acceptance and accessibility for users. Apple Pay is widely accepted, which means that users can buy cryptocurrencies from a variety of merchants and apps. This increased accessibility can help to drive growth and adoption in the cryptocurrency market, as more users are able to easily and conveniently purchase cryptocurrencies.

Increased Liquidity and Market Growth

The integration of Apple Pay with Coinbase can also increase liquidity and market growth in the cryptocurrency market. By making it easier for users to buy and sell cryptocurrencies, Coinbase can increase the volume of transactions on its platform, which can help to drive growth and adoption in the cryptocurrency market.

Competitive Advantage and Market Leadership

The integration of Apple Pay with Coinbase also provides a competitive advantage and market leadership for Coinbase. By offering a convenient and secure way for users to buy cryptocurrencies, Coinbase can differentiate itself from other cryptocurrency exchanges and attract more users to its platform.

Future-Proofing and Innovation

The integration of Apple Pay with Coinbase also demonstrates Coinbase’s commitment to future-proofing and innovation. By integrating with Apple Pay, Coinbase is positioning itself for future growth and adoption in the cryptocurrency market, as more users begin to use mobile payments and digital wallets to buy and manage their cryptocurrencies.

Improved User Experience and Satisfaction

The integration of Apple Pay with Coinbase can also improve the user experience and satisfaction for Coinbase users. By providing a convenient and secure way for users to buy cryptocurrencies, Coinbase can increase user satisfaction and loyalty, which can help to drive growth and adoption in the cryptocurrency market.

Increased Adoption and Mainstream Acceptance

The integration of Apple Pay with Coinbase can also increase adoption and mainstream acceptance of cryptocurrencies. By making it easier for users to buy and manage their cryptocurrencies, Coinbase can increase the visibility and awareness of cryptocurrencies, which can help to drive growth and adoption in the cryptocurrency market.

Reduced Barriers to Entry and Increased Accessibility

The integration of Apple Pay with Coinbase can also reduce the barriers to entry and increase accessibility for new users. By providing a convenient and secure way for users to buy cryptocurrencies, Coinbase can make it easier for new users to enter the cryptocurrency market, which can help to drive growth and adoption.

Improved Regulatory Compliance and Transparency

The integration of Apple Pay with Coinbase can also improve regulatory compliance and transparency in the cryptocurrency market. By providing a clear and transparent record of all transactions, Coinbase can help to increase trust and confidence in the cryptocurrency market, which can help to drive growth and adoption.

Conclusion

In conclusion, the integration of Apple Pay with Coinbase provides a range of benefits for users, including convenience, security, wide acceptance, and increased liquidity. This integration also provides a competitive advantage and market leadership for Coinbase, as well as future-proofing and innovation. As the cryptocurrency market continues to evolve and grow, the integration of Apple Pay with Coinbase is likely to play an increasingly important role in driving adoption and mainstream acceptance of cryptocurrencies.