Coinbase, the major US-based cryptocurrency exchange listed on Nasdaq’s first fully electronic exchange, said that users can now purchase cryptocurrency on the platform using Apple Pay.
Coinbase, the major US-based cryptocurrency exchange listed on Nasdaq’s first fully electronic exchange, said that users can now purchase cryptocurrency on the platform using Apple Pay. Prakash Harramani, Director of Payments and Funding at Coinbase, commented on the latest feature:
“We are introducing new and exciting opportunities to buy cryptocurrency using debit cards connected to Apple Pay and Google Pay. Instant withdrawals can be made in a single transaction up to $100,000 and are available 24/7. Along with enabling payments on the platform with Apple Pay, the company also plans to allow its users to pay with Google Pay, without the need to use a Coinbase card.A Coinbase statement published as part of the blog post states that the option to pay with Apple Pay will automatically appear as one of the available methods.
“If you already have a Visa or MasterCard attached to your Apple Wallet, Apple Pay will automatically appear as a payment method when you purchase cryptocurrency on Coinbase using an iOS device or Safari.” Coinbase has been on everyone’s lips lately with the recent legal issues. Most importantly, he filed a class action lawsuit against Coinbase for misleading users during the registration process.
Soon Google Pay
However, the exchange continues to grow and already has the dimensions of a world-leading exchange.
At the same time, Coinbase announced: “Later this fall, you will be able to purchase cryptocurrency using Google Pay, a secure and simple method used every month by 150 million people in 40 countries.”
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