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Coinbase adds Apple Pay to supported payment option

Published 08/05/2021, 05:48 PM
Updated 08/05/2021, 06:00 PM
Coinbase adds Apple Pay to supported payment option

Coinbase will now allow its customers to use Apple (NASDAQ:AAPL) Pay to purchase cryptocurrencies on its platform.

The leading U.S. cryptocurrency exchange announced on Thursday that customers would be able to link their debit cards to the mobile payment and digital wallet service. They said in a blog post:

Today, we’re introducing new and seamless ways to enable crypto buys with linked debit cards to Apple Pay and Google (NASDAQ:GOOGL) Pay, and instant cashouts up to $100,000 per transaction available 24/7 [...] If you already have a Visa (NYSE:V) or Mastercard (NYSE:MA) 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.

Coinbase is not a first in this regard. Back in April, Gemini enabled Apple Pay and Google Pay cash transfer options on its exchange.

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