Coinbase Enables Crypto Buying With Apple Pay, Instant $100K Cashout, Google Pay To Follow

Nasdaq-listed cryptocurrency exchange Coinbase has enabled crypto purchases with Apple Pay and instant cashouts of up to $100,000 per transaction. The company will also soon enable crypto purchases with Google Pay.

Buy Cryptocurrency on Coinbase with Apple Pay

Crypto exchange Coinbase announced on Thursday that users can now buy bitcoin and other cryptocurrencies on its platform with Apple Pay. Prakash Hariramani, Senior Director, Coinbase Payments & Financial Hub, explained:

We’re introducing new and intuitive ways to enable crypto purchases with debit cards linked to Apple Pay and Google Pay, and instant cashout up to $100,000 per transaction, available 24/7.

Coinbase detailed: “If you already have a Visa or MasterCard debit card connected to your Apple Wallet, Apple Pay will automatically be used as a payment method when purchasing crypto with Coinbase on an Apple Pay-supported iOS device or Safari web browser.” will appear in.”

The announcement states that US customers can also purchase cryptocurrencies in their Coinbase USD wallet with ACH or via wire transfer, debit card, or funds from a connected bank account.

In June, the company announced that selected users can use Coinbase Card with Apple Pay and Google Pay. In contrast, Thursday’s announcement indicated that users no longer needed a Coinbase card to use Apple Pay.

Noting that the company is expanding its global footprint, Coinbase reiterated that it “now accepts crypto purchases via linked Visa and MasterCard debit and credit cards in 20+ countries, and is on the way.” ” Furthermore, the global crypto exchange revealed:

Later this fall you will be able to buy crypto with Google Pay, a safe, simple and secure way to pay that is used by over 150 million people in 40 countries every month.

Would You Buy Bitcoin and Other Cryptocurrencies with Apple Pay on Coinbase? Let us know in the comments section below.

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