How to Buy Crypto with Apple Pay

Can I Buy Bitcoin with Apple Pay?

Yes, you can buy Bitcoin and other digital assets using Apple Pay by connecting your account to cryptocurrency exchanges in USA, UK, Europe or Asia. By using regulated trading platforms, you can make secure and quick transactions directly from your Apple devices. This offers a convenient way to start your crypto investment journey, with an easy sign-up and funding process.

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How to Buy Crypto with Apple Pay

Using a regulated digital asset exchange is recommended if you're looking to invest in digital currencies with Apple Pay. Uphold complies with global regulations, offers a quick registration process and supports a wide range of assets, including more than 280 cryptocurrencies, precious metals and traditional currencies.

Here's a simple guide to buying crypto on Uphold using Apple Pay:

1. Account Setup: Sign up for an Uphold account and complete all required verification steps.
2. Choose Deposit Method: On the homepage, select ‘Apple Pay’ as your deposit option.
3. Select Crypto: Choose the cryptocurrency you wish to buy, enter the amount, and click ‘Preview deposit’.‍
4. Complete Transaction: Review your trade details and click ‘Continue with Apple Pay’ to finalize your purchase.

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What are the Fees?

‍When investing in cryptocurrencies through an exchange, it is important to understand the various fees that may apply. These can include charges for depositing funds, executing trades, and withdrawing money. Generally, trading fees on most platforms range from 1% to 2%.

Uphold is an excellent choice as it provides free deposits via Apple Pay to European and British investors. However, if you are based outside of the EEA and UK, there is a 3.99% fee for transferring funds with this method. Its trading fees start at a competitive rate of 0.25% and go up to 2.95%, depending on the asset being traded.

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Is Apple Pay Crypto-Friendly?

Yes, Apple Pay supports cryptocurrency transactions while ensuring users' security. This payment system allows for quick transfers to exchanges regulated by the Financial Crimes Enforcement Network (FinCEN) and the European Union's Fifth Anti-Money Laundering Directive (5AMLD), enabling users to invest in digital assets while adhering to strict regulations.

Using Apple Pay to fund accounts on regulated exchanges means you can invest in cryptocurrencies securely and with peace of mind. It's a straightforward, fast, and safe way to engage in the crypto market, backed by the assurance of meeting legal and regulatory requirements.

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About Apple Pay

Apple Pay is a mobile payment and digital wallet service by Apple Inc. that enables secure transactions using Apple devices. By linking a credit or debit card to the Apple Pay app, users can pay for goods and services online, in apps, and at contactless points of sale. It uses advanced security features like tokenization and biometric authentication to protect user information.

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Bottom Line

In conclusion, using Apple Pay to buy cryptocurrencies is a secure and convenient option. You can easily deposit funds and purchase digital assets by linking your wallet to regulated digital asset investment platforms like Uphold. The exchange offers compliance with global regulations, competitive fees, and a user-friendly interface, making it a top choice for Apple Pay users.