Are you looking to buy Bitcoin with Apple Pay? You can now purchase Bitcoin using your iPhone or iOS devices on some of the leading cryptocurrency exchanges in the market. This includes reliable platforms such as Uphold, eToro, Kraken, BitPay, and more, so you can be sure that you are accessing a secure and trusted exchange.
But how exactly can you buy BTC with Apple Pay? And what’s the best app to use for this purpose? Moreover, is it possible to buy Bitcoin with Apple Pay without going through a lengthy verification process?
This comprehensive guide will answer all these questions and more. We’ll explore the ins and outs of buying crypto with Apple Pay, providing you with the knowledge you need to make informed decisions in the crypto marketplace. So, let’s dive in and unlock the potential of buying Bitcoin with Apple Pay.
It is easy and convenient to buy Bitcoin with Apple Pay via these exchanges and provides a safe way for you to make transactions. Whether you’re trading for day-to-day purposes or for long-term goals, buying Bitcoin with Apple Pay is the way forward.
| 🍏 Method | 📝 Summary |
|---|---|
| 📱 BitPay Wallet App | 1. Download the BitPay Wallet app. 2. Tap “Buy Crypto”. 3. Choose the amount and select Bitcoin (or other cryptocurrency). 4. Choose Apple Pay as your payment method. 5. View your offers and complete the transaction. |
| 💻 BitPay Website | 1. Enter the amount of Bitcoin you’d like to buy. 2. Enter your wallet address. 3. Choose your preferred rate and select Apple Pay as your payment method. 4. Complete the transaction. |
| 🌐 Coinbase | 1. Sign into Coinbase on an iOS device that supports Apple Pay. 2. Click on Bitcoin on the dashboard, then select “Trade”. 3. Select “Buy BTC with cash”. 4. Enter the amount that you wish to purchase, then select “Add payment method”. 5. Select “Apple Pay”. 6. Confirm the purchase via Apple Pay on your device. |
| 🌐 Coinmama | 1. Get your own Bitcoin wallet. 2. Select the amount of Bitcoin you wish to buy on the homepage. 3. Click “Buy”. 4. Fill out your details and confirm your identity with a photo ID. 5. Paste your Bitcoin address into the form. 6. Select Apple Pay as your purchase method. 7. Complete the purchase. |
| 🌐 Paxful | 1. Create an account and verify your details. 2. Select Apple Pay as your payment option. 3. Choose the currency you want the exchange rate to be in. 4. Search for offers, pick a seller and click “Buy”. 5. Enter the amount that you wish to purchase. 6. Follow the instructions for payment, then click “Mark as paid”. 7. The seller will release the Bitcoins to your Paxful wallet. |
What you'll learn 👉
Buy Crypto With Apple Pay
For the majority of newcomers, Apple Pay represents the simplest and quickest way to get into the game. There are several ways to pay cash for Bitcoin with Apple Pay – I explain some of the most common below.
Uphold
It is regulated by the US laws
A beginner-friendly interface
A lot of advanced features and listed coins
This is a high-risk investment and you should not expect to be protected
if something goes wrong.
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What Is Apple Pay?
Apple Pay first entered the payments market in 2014 with its proprietary digital wallet (Apple Wallet) and mobile payments application. It enables Apple account holders to send and receive money via a text message, and to pay for goods and services both online and in physical stores.
You can download the app to all your Apple devices and synchronize them. To add a card, tap the ‘+’ sign on the App’s main page, then scan the card with your iPhone. Follow the simple prompts to activate your card, and you’re ready to spend.
The Apple wallet will also hold cash that can be used for purchases or sent to your debit card account. Apple Cash is how you receive payments via text message.
Where Is Apple Pay Available?
Apple Pay works in most countries, with a few notable exceptions. Mexico is not yet on board, but almost every country in Europe and Asia is. There’s a full breakdown of where you can use Apple Pay here.
Paxful
Download and install the Paxful app, and follow the usual drill to set up an account. Buying Bitcoinis a little different on Paxful as you buy from a real person. It’s a peer-to-peer marketplace, so you need to be cautious about who you are dealing with.
Select Apple Pay to filter out vendors who don’t accept it, then view whichever is the best deal. Select a vendor by reputation, reliability, the number of sales, and average transaction time. The prices typically vary from utterly ridiculous to relatively normal, But I am writing this in a market crash. Currently, the cheapest offer is 25% above the spot price, so I would look elsewhere until the Paxful vendors adjust their offers.
The Paxful app has a wallet to store, receive, and send your cryptocurrency. It’s worth a look, but there are much more cost-effective places to acquire your Bitcoinat the moment.
Coinmama
Buying Bitcoin on Coinmama is convenient but not cheap, with the spread at a whopping 9%.
- Coinmama Buy BTC – $34,960 6.1% Premium
- Coinmama Sell BTC – $31,825 3.4% Premium
- Binance Spot BTC Price – $32,944
Coinmama enforces KYC rules, but after confirming your identity, you are free to buy bitcoin using the Apple Pay option. Once your wallet address and payment have been confirmed, expect to wait about one hour before your Bitcoin arrives in your crypto wallet. You can also crypto purchases Bitcoin Cash, Ether, Dogecoin, Ethereum Classic, Litecoin, Cardano, Ripple, and Tezos. You can purchase your cryptocurrency with YEN, GBP, EUR, AUSD, CAD, and USD.
Exodus Wallet
Once you have installed Exodus Wallet on your Apple Pay-enabled iPhone, you are ready to buy BTCand swap it for over a hundred other cryptocurrencies. Exodus Wallet is non-custodial, which makes it more secure as you hold your private keys. This involves noting down your 12-word seed phrase and keeping it safe. Should you ever lose your phone or delete the app, you enter the seed phrase to recover your cryptocurrency wallet and assets.
Exodus is a broker so they keep a stock of actual bitcoin to sell. They charge a reasonable markup of around 3% on BTC, but it will arrive in your wallet almost instantaneously. Click the Buy Bitcoin with Apple Pay and select how much you want. The slider ranges from $50 to a disappointing $500 maximum, so it’s designed for people buying little and often.
Spend Wallet App
Install the application from the App Store to access 16 cryptocurrencies through Apple Pay. Spend Wallet issues a virtual card that also connects to Apple Pay. The wallet has some very basic charting and analytic functions, but the convenience of using your Spend Visa® Card is the killer application.
Your Apple profile is enough to get you approved from within the app, and you can swap between cryptocurrencies and fiat currencies at will. I also noticed that there is no fee for using ATMs, which seems remarkable. There are fees for withdrawing crypto, but it’s not clear whether these are on top of the standard network fees. If so, then this is a problem.
Spot Wallet
It’s another iPhone wallet application enabling you to buy, send, and receive bitcoin. The best part is that Spot Wallet is both decentralized and non-custodial, so you are in control of your cryptocurrency.
It’s a great crypto wallet app for beginners who need Apple Pay connectivity. You can get started for just US$20 and there’s real-time price data, crypto news, charts, and indicators.
How to Spend Bitcoin with Apple Pay
BitPay Card
There have been several hook-ups between credit/debit card providers and cryptocurrency platforms. BitPay claims to be the largest BTC payment options provider, and their card is underwritten by Metropolitan Commercial Bank. MCB is, in turn, backed by the FDIC, so you have some regulatory oversight. Simply scan your card with the Apple Pay application and register the BitPay card.
Why anyone would sell their Bitcoinis beyond me. It’s the only hard asset most people can access. However, If you do need to spend it, there are charges. The card is subject to an issuance fee of 10$. There’s a $2.50 fee for ATM withdrawals (plus what the ATM provider charges). There’s a 3% currency converter, which is about right, but also an annoying $5 per month inactivity fee if you choose not to use your card for 90 days.
The service is only available from the US, but someone will jump in to fill this gap in Europe and the rest of the world very soon. If you live your whole life paying in Bitcoin, then this is an interesting development. Maybe in a few years, it will be the norm. Personally, I like to think that the Lightning Network will be extensive enough to simply use a mobile wallet. We shall see.
Pros
- It’s simple and fast.
- It’s safe. Apple has a reputation for protecting its customer’s privacy and data.
- Apple Pay is accepted by an ever-increasing number of businesses. It’s becoming a standard digital payment method in many countries.
Cons
- Purchase fees tend to be high. Some apps also charge transfer and card fees, and this all adds up.
- There are restrictions on the size of your purchase. If you intend to buy thousands of dollars worth of Bitcoin, you will be better served at an exchange.
Buy Bitcoin with Apple Pay with no verification – is it possible to buy BTC with Apple Pay with no KYC?
It is possible to buy Bitcoin with Apple Pay without verification. However, it may be more challenging to find exchanges that accept Apple Pay and do not require verification. Here are some options to consider:
- Bybit: Bybit is a popular crypto exchange that accepts Apple Pay and does not require KYC verification. It offers 24/7 live chat support, crypto interest options, and low fees1.
- Switchere: Switchere allows you to buy Bitcoin with Apple Pay instantly and without ID verification using your iPhone2.
- Coinbase: Coinbase is a well-known cryptocurrency exchange that supports Apple Pay. While it may require some level of verification, it is a widely used platform for buying Bitcoin3.
- Paxful: Paxful is a peer-to-peer marketplace where you can buy Bitcoin using your Apple Pay digital wallet. While some sellers may require verification, you can find offers that do not require it.
In case you are looking for different ways to buy Bitcoin, read the guide below:
- How to buy Bitcoin anonymously
- How to buy Bitcoin with gift card
- How to buy Bitcoin with prepaid cards
- How to buy Bitcoin with iTunes gift card
- How to buy bitcoin with VISA Gift Card?
- How to buy bitcoin & crypto with Google Pay
