Home>News>Economy>Cryptocurrency>Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow

Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow

Cryptocurrency
06.08.2021
486
Coinbase Enables Crypto Buys With Apple Pay, Instant $100K Cashouts, Google Pay to Follow

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

Buy Cryptocurrencies on Coinbase With Apple Pay

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

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

Coinbase detailed: “If you already have a Visa or Mastercard debit card linked in your Apple Wallet, Apple Pay will automatically appear as a payment method when you’re buying crypto with Coinbase on an Apple Pay-supported iOS device or Safari web browser.”

The announcement adds that U.S. customers can also buy cryptocurrencies with a connected bank account via ACH or wire transfer, a debit card, or funds in their Coinbase USD wallet.

In June, the company announced that selected users could use Coinbase Card with Apple Pay and Google Pay. In contrast, Thursday’s announcement indicates that users no longer need to have a Coinbase Card to use Apple Pay.

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

Later this fall you’ll be able to buy crypto with Google Pay, a safe, simple, and secure way to pay that’s used by more than 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.

Author:bitcoin
16.08.2021, 17:12
110
Mark Cuban Says He Owns USD 494 of 'Strongest Community' Dogecoin
19.11.2021, 20:00
81
Kiribati’s attempts to keep stranded Australian judge out of the country ruled unconstitutional
06.07.2021, 07:41
47
Israeli PM suffers setback in vote on Arab citizenship rights law
23.09.2021, 00:30
166
US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware
17.06.2021, 08:01
61
Bitcoin Fluctuates Around USD 39K, Ethereum and Altcoins Recover Losses
19.10.2021, 07:00
69
FinCEN Links More Than $5 Billion in Bitcoin Transactions to Ransomware
20.09.2021, 08:05
138
'Best bear market ever' — 5 things to watch in Bitcoin this week
06.10.2021, 12:37
126
X Marks The Spot: Use Cash-Secured Puts To Make U.S. Steel Shares More Affordable