Coinbase added more options to buy crypto with Apple Pay and with Google Pay as crypto continues to see huge growth over the past few weeks as we reported in our crypto news previously.
The prices of coins surged across the board as the sentiment continues to skew in the positive and investors seem to be pouring back into the market with the showing patterns that indicate more buy pressure trends that are higher than sell pressures. Accumulation patterns continue to show that the investors are hoarding the coins rather than selling them as the exchange reserves continue to crash. The more good news continued to shake the market as the crypto prices remained in an uptrend and now Coinbase added more options to buy crypto using Apple Pay. This method was unavailable to customers but Coinbase had said that users were able to use their crypto cards on Google Pay and Apple Pay.
This was a welcome development and opened a new way that crypto enthusiasts will use their cards out in the world but there still has no other option to use Apple Pay and buy crypto until now. The move by coinbase is a main part of the efforts to add more safety and security ways for users to buy crypto and added payment options like Apple Pay which will ensure users don’t have to go through long processed to get crypto. What’s more to, Apple Pay remains one of the most trusted digital wallets at the moment.
Coinbase uses the information linked to users’ Apple Pay to facilitate crypto purchases which means that if a debit card is added to the users’ wallet, they can pay for crypto purchases using an Apple Pay option which will appear on Coinbase and the process works with any Apple Pay-enabled iOS device or via a Safari web browser. In addition to this, there’s the ability for users to get instant cashouts of $100,000 on a single transaction. Coinbase made the option available for users on a 24/7 basis which means that the users will have more access to cashouts and the process of getting done in a moment. While bypassing the high fees it will also reduce the length of time for a withdrawal to go through.
In addition to Apple Pay, Coinbase announced mroe plans to add in the option for the users to be able to buy more crypto with Google Pay later in the year. The feature is set to roll out in the Fall which will open up over 150 million people in more than 40 countries to this new option. The additions will add to their existing lists of ways users can purchase cryptos. With the US customers being able to buy crypto using debit cards, wire transfers, or ACH, it can be done using their coinbase USD wallets.
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