This article provides a complete guide on buying Bitcoin with Apple Pay.
Bitcoin is the world’s first cryptocurrency and has become increasingly popular in recent years. Bitcoin is a decentralized digital currency that is not subject to the control of government or financial institutions. This makes it a popular choice for people who want more control over their own finances. With the growing popularity of Bitcoin, many people are eager to explore the world of digital currency. A convenient option for purchasing Bitcoin is using Apple Pay.
Apple Pay is a mobile payment and digital wallet service that allows users to make contactless payments using their iPhone, Apple Watch or other Apple device. Apple Pay is a convenient and secure way to pay for goods and services, and it’s also a convenient way to buy Bitcoin.
To purchase Bitcoin with Apple Pay, you will need to create an account with a cryptocurrency exchange that supports Apple Pay. Some popular exchanges that support Apple Pay include:
Once you create an account on an exchange, you will need to verify your identity. This is usually done by providing your name, address and date of birth. You may also need to provide government-issued identification, such as a driver’s license or passport.
Once your identity is verified, you can add a payment method to your account. This can be done by linking your Apple Pay account to the exchange. Once your Apple Pay account is linked, you will be able to use it to purchase Bitcoin.
To buy Bitcoin with Apple Pay, simply go to the exchange’s “Buy Bitcoin” page and enter the amount of Bitcoin you wish to purchase. Next, select Apple Pay as your payment method and confirm the transaction. You will then need to enter your Apple Pay PIN or use Face ID or Touch ID to authenticate the payment.
Once the transaction is completed, the Bitcoin will be credited to your wallet at the exchange. You can then withdraw the Bitcoin to your personal wallet or use it to make purchases at merchants that accept Bitcoin.
There are several benefits to buying Bitcoin with Apple Pay, including:
- Convenience: Apple Pay is a convenient way to pay for goods and services, but it’s also a convenient way to buy Bitcoin. You can use Apple Pay to buy Bitcoin anywhere in the world, as long as you have an internet connection.
- Security: Apple Pay is a secure way to pay for goods and services. Your credit or debit card information is stored securely on your Apple device and is not shared with merchants when you make a payment.
- Speed: Apple Pay is a fast way to pay for goods and services. You can buy Bitcoin with Apple Pay in seconds.