In the latest announcement made on Friday, Crypto.com has revealed that from now onwards its users can buy crypto conveniently by using Apple Pay. Our resources have confirmed this news from Crypto.com’s official website as well and they were affirmative.
The crypto exchange and payments company, Crypto.com, in collaboration with Apple Pay has made this facility available in the US only at the moment and plans to gradually launch it in other countries as well. The news is warmly welcomed by Apple users as they were facing hurdles in buying cryptocurrencies before and now they are optimistic that the procedure will become quick, easy, and secure for them.
What Is Apple Pay?
Apple Pay is an iOS-based payment service launched by Apple Inc. which provides a digital wallet as well. Now this service will enable Apple users to buy crypto through Crypto.com. It is a speedy, convenient, and safe payment method that people widely use on their iPhones, Apple Watches, iPads, and Mac Books. The service, which allows Apple users to buy crypto, will adhere to the regulations of US and credit/debit card fees as well.
This move will permit users to easily and securely make in-app purchases from Crypto.com by using their Apple devices. To utilize this amazing feature, it is mandatory for users to add their credit or debit card to Apple Wallet. Once a user fulfills this requirement, he is instantly authorized to use Apple Pay to make crypto purchases through Crypto.com seamlessly and securely.
The Process
The process of buying crypto through Crypto.com is really easy especially when you opt to pay via Apple Pay. You need to visit Crypto.com or open its app. Tap on the “Buy” option and then select any of the available cryptocurrencies. At present, 250+ cryptocurrencies are listed on the platform for sales and purchases. Once a cryptocurrency is selected, select Apple Pay from the payment options and tap the “Buy” option again to proceed.
Remember that there is a small (2.99%) processing fee. By confirming the purchase via pin code, fingerprint, or facial recognition, the process will be completed. After completion of the process, the balance is updated within seconds and users can verify it from Crypto Wallet as well as transaction history that remains available on the Crypto.com app.
Recap
In May, the platform announced that it is going to update its reward program for Visa Cards which had remained active for the last 4 years consecutively. In the present month, the new plan took into effect according to which, the cashback rate for Cronos (CRO) has been revised. After that, Crypto.com has now once again made itself into the news but this time with a piece of more attractive news as the number of Apple users in the US is more than 115 million and all of them can take advantage of this new feature. According to estimates, up to 47 percent of the US population is using any Apple device and this integration between Crypto.com and Apple Pay can prove vital for all of them.
