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Exciting news for anyone looking to buy cryptocurrency! Coinbase has teamed up with Apple Pay to make purchasing crypto more effortless than ever. Starting this week, you can buy digital currencies like Bitcoin and Ethereum directly in third-party apps using Apple Pay.
This integration is part of Coinbase Onramp, a service designed to simplify how you convert regular money (like USD) into crypto. In the past, buying crypto could be a bit complicated, often involving multiple apps and extra fees. With this new integration, it’s all in one place—no more hassle, just a quick and easy transaction with a few taps.
So why is this a big deal? For starters, it means buying crypto is now as easy as making any other payment on your iPhone. Whether you’re using an app to make a purchase or managing your crypto, you can now do it with Apple Pay. This move is another step towards making cryptocurrencies more accessible to everyday people.
Apple’s Changing Attitude Toward Crypto
Apple has had a bit of a love-hate relationship with crypto in the past. Remember when they banned certain features from Coinbase’s app in 2022? Or when they wouldn’t allow people to use their Apple credit cards to buy crypto? Over the years, Apple has been pretty cautious about getting involved with the crypto world.
COINBASE NOW LETS YOU USE APPLE PAY TO BUY CRYPTO
Coinbase $COIN just announced Apple Pay $AAPL can now be used for all fiat-to-crypto purchases via Coinbase Onramp pic.twitter.com/Zb1Lv4ttXY
— Evan (@StockMKTNewz) December 2, 2024
But things seem to be changing. Apple’s CEO, Tim Cook, has publicly said he owns crypto himself and has even hinted at making it easier to buy with Apple Pay. With this new integration, Apple appears to be warming up to crypto, signaling a shift in its approach to the industry.
A Good Time for Crypto
This integration comes at an interesting time. With President-elect Trump promising a friendlier stance on crypto, many believe it’s helping boost the market—Bitcoin’s price is nearing $100,000! Plus, with the SEC’s Gary Gensler stepping down, there’s hope for a more welcoming regulatory environment for digital assets.
Coinbase’s CEO, Brian Armstrong, has long criticized Apple for being tough on crypto, but this new collaboration shows things are moving in the right direction. It’s clear both companies see the growing potential of crypto, and this partnership will help make digital currencies more mainstream.
What Does This Mean for You?
Whether you’re a seasoned crypto investor or just starting out, buying digital assets is easier than ever. No more jumping between apps or websites—just use Apple Pay in the apps you already love.
Coinbase users can now buy digital assets directly through Apple pay in less than 30 seconds! 💰📲 pic.twitter.com/jM0eftt7YZ
— BrotherHood (@BHVenture) December 3, 2024
With this move, Coinbase and Apple are making it clear that they believe crypto is here to stay. If you’re curious about how to get started or want to try it out yourself, check out Coinbase’s website or look for updates in your favorite apps.
About Coinbase
Coinbase is a leading cryptocurrency exchange that makes buying, selling, and storing digital currencies easy and secure. Their mission is to build an open financial system for the world, where anyone can access and use crypto.
