What Is Apple Pay? Can You Use It To Buy Bitcoin?

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Apple Inc. launched Apple Pay for mobile users. It is not just a payment but also a digital wallet service. It facilitates users to make payments in person, online, and in-app using their iPhone, iPad, or Apple Watch. To use Apple Pay, you need to link a credit or debit card to your Apple Wallet, and then you can make contactless payments using your device by holding it near a compatible point-of-sale terminal.

As for buying Bitcoin, Apple Pay itself does not support the direct purchase of cryptocurrencies like Bitcoin. However, there are some third-party services and apps that allow you to buy Bitcoin using Apple Pay as a payment method. These services typically require you to first link your Apple Pay account to their platform, and then you can use it to purchase Bitcoin or other cryptocurrencies.

Example – How to buy BitCoin using Apple Pay?

To buy BitCoin with Apple Pay and deposit it on ZenGo, you can follow these steps:

  1. Download the ZenGo app on your mobile device and create an account if you haven’t already.
  2. Navigate to the Buy/Sell tab within the app.
  3. Choose Bitcoin and select Apple Pay as your payment method.
  4. Enter the amount of BTC you want to purchase, and confirm the transaction.
  5. You will be prompted to authenticate the purchase using your Apple Pay credentials.
  6. Once the purchase is complete, the BTC will be deposited into your ZenGo wallet.
  7. You can then view your BTC balance and use it to make transactions or transfer it to another wallet if you wish.

Remember, the availability of Apple Pay as a payment method may depend on your location and the exchange or wallet you are using. Additionally, buying BTC with Apple Pay may incur additional fees, so be sure to check the transaction fees and any other associated costs before making a purchase.

Three common ways to buy BTC using Apple Pay

There are several ways to buy Bitcoin (BTC) using Apple Pay. Here are three possible methods:

  1. Paxful: Paxful is a peer-to-peer Bitcoin marketplace that allows users to buy Bitcoin using various payment methods, including Apple Pay. To use Apple Pay on Paxful, you’ll need to find a seller who accepts it as a payment method, create an account on the platform, and follow the instructions provided to complete the transaction.
  2. Coinmama: Coinmama is a cryptocurrency exchange that enables users to buy Bitcoin and other cryptocurrencies using their credit/debit cards or Apple Pay. To use Apple Pay on Coinmama, you’ll need to sign up for an account, verify your identity, and then select Apple Pay as your payment method when purchasing Bitcoin.
  3. Bitpanda: Bitpanda is a European-based cryptocurrency exchange that allows users to buy and sell Bitcoin using a variety of payment methods, including Apple Pay. To use Apple Pay on Bitpanda, you’ll need to sign up for an account, verify your identity, and then select Apple Pay as your payment method when buying Bitcoin.

It’s important to keep in mind that the availability of Apple Pay as a payment method for purchasing Bitcoin may differ depending on your country of residence and the platform you opt for use. Additionally, it’s always a good idea to do your research and choose a reputable exchange or marketplace before making any Bitcoin purchases.

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