By: Álex Miguel | Last update: 01/25/23
Popular Bitcoin exchanges are starting to open up to the increasingly popular Apple Pay payment method. In this post, I’ll review some of the best options users currently have for purchasing Bitcoin with Apple Pay.
Buy Bitcoin with Apple Pay Summary
The easiest way to buy Bitcoin with Apple Pay is probably Coinmama. Here are the steps:
- Get your own Bitcoin wallet.
- Visit Coinmama, select the amount of Bitcoin you want to buy and Click “Buy Now”.
- Complete the KYC process.
- Paste your Bitcoin wallet address.
- Select Apple Pay as your purchase method.
- Complete the purchase.
That’s all! If you want to read in-depth about additional exchanges that accept credit cards, read on. Here’s what I’ll cover:
- Buy Bitcoin with Apple Pay using Coinbase
- Buy Bitcoin with Apple Pay using Coinmama
- Buy Bitcoin with Apple Pay using Paxful
- Buy Bitcoin with Apple Pay using Exodus Wallet
- Buy Bitcoin with Apple Pay using BitPay
- Conclusion
1. Buy Bitcoin with Apple Pay via Coinbase
Advantages: Easy-to-use interface, established reputation
Cons: Some US states not supported, high fees
Founded in 2012, Coinbase is one of the most popular and well-known cryptocurrency exchanges in the world. Publicly traded and headquartered in the US, Coinbase is a beginner-friendly platform that makes buying cryptocurrencies easy.
Coinbase already supported instant purchases with a debit or credit card, but has now added Apple Pay as a very convenient option for iOS users. This will automatically appear as a payment option when you use the Coinbase website on an Apple Pay-enabled device, making the process super simple. Rates are the same as bank card purchases, with a total charge of 4.99%.
Visit Coinbase Read review
How to use Coinbase
- Sign in to Coinbase on an iOS device that supports Apple Pay.
- Click Bitcoin on the panel, then select “Trade.”
- Select “Buy BTC with Cash”.
- Enter the amount you want to purchase, then select “Add payment method.”
- Select “Apple Pay.”
- Confirm the purchase through Apple Pay on your device.
2. Buy Bitcoin with Apple Pay via Coinmama
Advantages: Highly respected company, excellent customer service, available worldwide
Cons: Some US states not supported, high fees
Coinmama is a cryptocurrency exchange that has been around since 2013 and is available in 188 countries. Coinmama is known for allowing users to buy Bitcoins with a credit card and now also accepts Apple Pay. The platform is easy to use and sends coins immediately after payment.
Although the fees are relatively high, they are still competitive when using Apple Pay as a payment method when considering other factors such as market premiums.
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How to use Coinmama
- Get your own Bitcoin wallet – (you can read our complete Bitcoin wallet guide here)
- Select the amount of Bitcoin you want to purchase on the home page.
- Click “Buy”
- Fill out your details and confirm your identity with a photo ID. This should take Coinmama just a couple of hours to verify.
- Paste your Bitcoin address into the form.
- Select Apple Pay as your purchase method.
- Complete the purchase.
3. Buy Bitcoin with Apple Pay through Paxful
Advantages: No purchase fees
Cons: Seller premiums are high, purchase limits are low
Paxful is a peer-to-peer (p2p) cryptocurrency exchange founded in 2015. Paxful connects buyers and sellers of Bitcoin and other cryptocurrencies through a variety of payment methods, including Apple Pay. Paxful does not charge fees for cryptocurrency purchases; However, sometimes the seller may charge a substantial premium over the current market price.
It’s also worth noting that, as with all p2p services, it’s important to evaluate the credibility of the individual seller, not just the credibility of the platform itself.
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How to use Paxful
- Create an account and verify your details.
- Select Apple Pay as your payment option.
- Choose the currency you want the exchange rate to be in.
- Search for offers, choose a seller and click “Buy.”
- Enter the quantity you wish to purchase.
- Follow the payment instructions and then click “Mark as Paid.”
- The seller will release the Bitcoins to your Paxful wallet.
4. Buy Bitcoin with Apple Pay via Exodus Wallet
Advantages: Easy to use, purchases can be made from the app
Cons: The maximum purchase limit is low and is not available in many countries.
Exodus is an extremely easy-to-use wallet that is perfect for beginners. It’s been around since 2015 and supports Apple Pay purchases in the latest version of its iOS app, with a limit of $250. Buying Bitcoin with fiat currency on Exodus is only available in about 40 countries around the world.
Visit Exodus Read review
How to use Exodus
- Download and install the Exodus app.
- Run the application and go to the “Profile” tab.
- Tap “Buy Bitcoin.”
- Select the amount of Bitcoin you want to buy.
- Double check the amount of Bitcoin you have selected and then tap “Pay.”
- Confirm the purchase using Apple Pay.
- Bitcoin should appear shortly in your Exodus wallet.
5. Buy Bitcoin with Apple Pay via BitPay
Advantages: Well-established company, also supports cryptocurrency purchases
Cons: Custodial wallet, low maximum purchase limits for US clients
BitPay is one of the largest cryptocurrency payment processors in the world. Based in Atlanta, USA, it is known for helping merchants accept crypto payments and convert them to fiat currency at the point of sale.
The company offers a mobile application that allows users to buy, exchange and purchase with cryptocurrencies. Like some of the other wallets, BitPay facilitates Bitcoin purchases through Apple Pay, in partnership with Simplex and Wyre. Maximum purchase amounts are Simplex’s standard limits, including $500 for US users and $1,000 for other countries. Around 45 countries support Apple Pay purchases through BitPay.
Visit BitPay Review coming soon!
How to use Apple Pay with BitPay
1. Download and install the BitPay app
2. Open the app and set up a wallet.
3. Tap the “Buy Crypto” tab.
4. Enter the amount you want to spend in Bitcoin.
5. Confirm your payment method and country.
6. Confirm the purchase using Apple Pay.
6. Conclusion: How do I choose which exchange to use?
Since there aren’t too many options for buying Bitcoins with Apple Pay yet, it’s pretty easy to choose an exchange to use. If you are in the United States and want to buy large amounts of Bitcoins quickly and safely, Coinmama is your best option. Exodus is the best option for US users looking to purchase smaller quantities and easier transactions. If you are anywhere else in the world, Paxful works great.
Have you used Apple Pay to buy Bitcoins? Let me know what your experience was like in the comments section below.