How to Buy Bitcoin with Apple Pay

With the arrival of cashless and cardless payments, more crypto exchanges now accept the popular Apple Pay payment method. Apple Pay is an exclusive payment technology for iOS devices designed to help customers make a shift from physical wallets to online wallet, eliminating the need for cash or even bank cards.

Apple Pay supports most major credit and debit card providers, including Visa, MasterCard, and American Express, and Apple’s own Apple Card. It works with federal payment cards, including Social Security, veterans’ benefits, Direct Express payment network and cards issued through GSA Smart Pay.

In this guide we’ll review how to buy Bitcoin with Apple Pay – in 2022 it is accepted as a way to buy crypto.

Where to Buy Bitcoin with Apple Pay – Best Platforms

For a quick overview of where to buy Bitcoin using Apple Pay right now, the top platforms are:

  1. Coinbase – Buy Bitcoin with Apple Pay in the United States and Worldwide
  2. Kraken – Secure and Trusted Bitcoin Exchange that Supports Apple Pay
  3. Coinmama – Apple Pay Supported Crypto Exchange with Simple Transaction Flow
  4. Metamask – Popular and Reliable Crypto Wallet for Apple Pay Users
  5. BitPay – Fast, Easy, and Secure Way of Buying Bitcoin using Apple Pay

Read on for a detailed comparison of each of the above crypto exchanges in terms of Apple Pay fees, minimum deposits, and more.


How to Buy Bitcoin with Apple Pay – Quick Steps

Here’s a quick overview of the steps required to buy Bitcoin with Apple Pay on Coinbase:

  • ✅ Step 1: Open a Coinbase AccountVisit the Coinbase website and sign up for a new account by filling in your personal information and choosing a username and password. You will also need to verify your identity using your passport or driver’s license.
  • 💳 Step 2: Deposit Funds – If you already have a Visa or Mastercard debit card linked in your Apple Wallet, you will automatically be prompted to use Apple Pay as one of the many payment methods for buying Bitcoin on Coinbase, when you are using an Apple Pay-supported iOS device or Safari web browser.
  • 🔎 Step 3: Search for Bitcoin – With funds now available in your Coinbase account, you can now buy Bitcoin on the platform. Click on ‘Trade’ when Bitcoin appears in search results.
  • 🛒 Step 4: Buy Bitcoin – Enter the amount you want to invest in Bitcoin with Apple Pay and confirm your buy order. The BTC will be credited to your account balance instantly.

We provide a breakdown in screenshots of how to buy Bitcoin with Apple Pay at the end of this guide.

Buy Bitcoin with Apple Pay – Top Platform Reviews

Many popular crypto exchanges now support Bitcoin using Apple Pay instantly, so your Bitcoin investment process can be processed quickly.

It is always recommended to do your own research on the types and amounts of fees that different platforms charge to buy cryptocurrency using Apple Pay or any other payment method, along with the minimum deposit. Also be mindful of the safety, security, and accessibility of each crypto platform.

With that in mind, these are widely regarded as the best places to buy Bitcoin with Apple Pay:

1. Coinbase – Overall Best Way to Buy Bitcoin with Apple Pay

Coinbase is a reputable cryptocurrency exchange that allows you to buy Bitcoin with Apple Pay (and Google Pay, debit/credit cards, or a bank wire), making it one of the first of the major crypto exchanges to do so.

The Coinbase website is user-friendly, and creating an account takes only a few minutes. The KYC procedure is fast, with ID documents being confirmed almost instantly.

Apple Pay users can hold their Bitcoin in the Coinbase wallet, which is both a crypto and NFT wallet. Along with two-factor authentication and encryption, Coinbase holds 98 percent of its customers’ tokens in cold storage.

Buy Bitcoin with Apple Pay Coinbase

The Coinbase app is free to download. Because the Coinbase wallet software is non-custodial, you are responsible for safeguarding your private keys. Coinbase recently added staking rewards for any Cardano you hold in 2022, and also supports crypto staking for Tezos, Algorand, DAI, Cosmos and Ethereum 2.0.

You can also earn free crypto through the Coinbase Earn program where you take part in simple quizzes and learn about cryptocurrency.

Coinbase Pro is its more advanced trading platform that also has lower fees, and retail and professional traders to buy, sell, and trade crypto with charting tools, real-time order books, and a market data feed.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. 

2. Kraken – Secure Bitcoin Exchange that Supports Apple Pay

Kraken Logo

Another popular crypto exchange that supports buying Bitcoin with Apple Pay is Kraken. Founded in 2011, merely two years after Bitcoin was launched, Kraken is one of the oldest Bitcoin exchanges in the industry.

Just like other reliable crypto exchanges, Kraken requires users to undergo a KYC process for verification of identity after signing up. Note that there is a minimum transaction amount of $10 and a maximum spending amount of $7,500 / €7,500 over a seven-day rolling period using Apple Pay or other digital wallets.

Kraken, is noted for its low fees and diverse coin selection. It’s also one of the few crypto exchanges in the United States to offer advanced trading features like futures trading (the use of leverage).

It is regarded as one of the best platforms for seasoned investors looking to take advantage of margin trading and indicators for technical analysis (TA).

Buy Bitcoin with Apple Pay Kraken

Kraken handles 60+ crypto assets and accepts seven different fiat currencies. The exchange has high liquidity, which makes it easier to buy and sell at a reasonable price without slippage.

Kraken’s staking program offer some of the most competitive APYs in the crypto market, allowing users to earn up to 12% and 7% when staking Cosmos and Ethereum respectively. Bitcoin has a smaller APY of 0.25%.

Kraken is also known for its iOS-optimized trading app that you can seamlessly connect to your Kraken account and use it to buy and sell Bitcoin directly. Kraken’s commitment to security is also demonstrated by the fact that it hasn’t been hacked in a decade.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. 

3. Coinmama – Apple Pay Supported Crypto Platform

Coinmama logo

Since its launch in 2013, Coinmama has aimed to be an easy to use platform to buy Bitcoin and other cryptos, accepting 188 countries all around the world to buy Bitcoin. Rather than being an exchange where you can hold funds, you’ll need your own wallet to receive the Bitcoin you buy on Coinmama.

They support Apple Pay as a method to buy Bitcoin. Coinmama was one of the earliest crypto exchanges to accept Apple Pay deposits, but don’t support it for withdrawals.

The minimum deposit on Coinmama is $30, and a fee of less than 5% is charged, depending on the size of the order, market conditions, and other dynamic factors. The average processing time is within an hour.

Buy Bitcoin Coinmama

Crypto-to-crypto transactions are not supported on Coinmama. To buy crypto, you’ll need to uuse fiat currency like USD or GBP. The site’s minimalist look is aided by Coinmama’s easy transaction flow – buying and selling directly from the company.

On Coinmama exchange customers can only trade Bitcoin for fiat currency (such as US Dollars). Users wishing to cash in other cryptos or make cryptocurrency-to-cryptocurrency swaps may prefer Coinbase.

Coinmama’s user-friendly interface and straightforward approach may appeal to beginners to cryptocurrency trading, but its costs are higher than those of several of its competitors.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. 

4. Metamask – Crypto Wallet that Now Supports Apple Pay

MetaMask is a cryptocurrency wallet that allows you toMetamask Logo manage, receive, and send crypto from Ethereum, Binance Smart Chain, and other blockchains. It can also be used to store NFTs. It works as a browser extension and is compatible with Chrome, Firefox, Edge, and Brave.

This well-known crypto wallet made the announcement they’ll support Apple Pay in March 2022. The catch is that Apple does not enable crypto payments directly through its platform, so you’ll have to go through third-party providers like Wyre, which interact with Apple Pay. No third party is involved with MetaMask, so you hold the keys to your crypto wallet.

Users may now buy crypto using their debit or credit cards, removing the requirement to transmit ETH to the app ahead of time. Using their Visa or Mastercards and the Wyre API, Apple Pay customers can deposit a daily maximum of $400 into their wallet.

Buy Bitcoin on Metamask

Aaron Davis and Dan Finlay founded MetaMask in 2016. Since then, it has evolved from a simple Ethereum crypto wallet to one that can support a variety of blockchains and tokens, ranging from huge chains like Ethereum to smaller chains like GO, which supports colleges and smaller NFT crypto art projects.

To use MetaMask to initiate transactions, you’ll need some Ethereum in your wallet for the transaction fee. Those are determined by the network, hence the fees on a network like Binance Smart Chain will differ from those on the Ethereum chain.

Coinbase also supports storing NFTs on their own wallet, and the Coinbase Wallet is often considered more secure than MetaMask. Beware of scams on social media platforms like Twitter – often scammers will impersonate MetaMask support and reply to your tweets with bot accounts.

5. BitPay – Fast Way to Buy Bitcoin with Apple Pay

Bitpay, a popular cryptocurrency payment processor, has a robust API, seven Bitpay Logoready-to-use libraries, plugins for 22 e-commerce platforms, and rapid integration with the world’s leading e-commerce web services. It’s partnered with Simplex and Wyre.

Earlier known as Copay, BitPay was founded by Jim Aviles and Stephen Pair in 2011. Owners of the BitPay wallet can store, transmit, and receive Bitcoin (BTC) and Bitcoin Cash (BCH). The secure HD wallet has a simple user interface and is accessible as a desktop client as well as a mobile app.

Buy Bitcoin on Bitpay

BitPay is an open-source project and supports fast and secure Apple Pay payments to buy Bitcoin, as well as other popular cryptos and stablecoins. Alongside Apple Pay, users may also buy Bitcoin with a credit card.

The BitPay wallet is non-custodial, meaning the user alone has access to their keys. You can enable the single address option or create a standard wallet when creating a new wallet. The only difference between the two is that a single address wallet can be used to make donations. It can also be used in other situations where transparency is required.

Why Buy Bitcoin with Apple Pay

Buying Bitcoin using Apple Pay has several advantages over other payment methods:

Simplified Payments

For Bitcoin purchases across platforms, you can store your debit or credit card itself in the Apple Wallet. To use Apple Pay, simply bring the phone close to an NFC reader and accept or make purchases using Touch ID on the iPhone. That’s all there is to it. You may not need to carry your debit or credit cards for making purchase payments when you want to.

Safe and Secure

Because you don’t need a real debit/credit card, there’s less of a chance that your card(s) or information will be stolen. Apple Pay doesn’t use your credit card number to complete a transaction; instead, it uses a token called a “device account number.” This reduces the chances of data theft or a security breach dramatically.

Can Make Payments Offline

You can make payments using Apple Pay even if you’re not connected to the internet, such as while your phone is in airplane mode.

No Hidden Fees

There are no other hidden or additional charges for using the app – Apple collaborated with major credit card issuers and banks to provide a convenient experience for their users.

100% Privacy

Apple does not keep track of your purchases or store information, so you can invest in Bitcoin with more anonymity. Also using device account numbers rather than the credit/debit card or the number itself helps to protect against hackers.

Beyond the Smartphone

Apple Pay is also available on the Apple Watch, Mac, and iPad, so you don’t even have to take out your phone to invest in Bitcoin.

Buy Bitcoin with Apple Pay without ID

Contrary to what some websites claim, it is not always fully regulated and legal to acquire Bitcoin without first verifying your identity. In order to accept standard payment methods like Apple Pay, credit cards, ACH, or Paypal, crypto exchanges have to adhere to anti-money laundering regulations.

As a result, the cryptocurrency exchange will be required by law to authenticate all registered clients who seek to deposit and/or withdraw funds in US dollars. If you come across a cryptocurrency exchange that provides anonymous Bitcoin purchases with a credit card, they may be operating illegally.

There are a few peer to peer (P2P) marketplaces – even these traders increasingly will want to verify your identity. To avoid tax complications and scams it’s usually best to stick to regulated platforms like Coinbase or eToro, which also supports copytrading Bitcoin traders.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. 

How to Buy Bitcoin with Apple Pay on Coinbase – Tutorial

Step 1: Open a Coinbase Account

Visit the official Coinbase website and create a free account by providing your personal information and selecting a username and password.

Coinbase account making

Step 2: Upload ID

Coinbase will periodically ask you to verify your identity in order to avoid fraud and make account-related adjustments. They also require you to authenticate your ID to ensure that your payment information is only changed by you.

Coinbase ID verification

In the United States, state-issued identification such as a driver’s license or identification card is accepted. In other countries, you’ll need a passport, a government-issued photo ID, or a National Identity Card.

Step 3: Deposit Funds with Apple Pay

If you already have a Visa or Mastercard debit card linked to your Apple Wallet, you’ll be prompted to use Apple Pay as one of the many payment options for buying Bitcoin on Coinbase, as long as you’re using an Apple Pay-compatible iOS device or the Safari web browser.

You can also use Apple Pay with your Coinbase Card without needing to wait for a physical card. Tokenization is used by Apple Pay to keep your card information safe during all purchases.

Deposit funds on Coinbase

Now, enter the amount you want to deposit – the minimum deposit is $2. Depositing cash or cryptocurrency, as well as transferring crypto from one wallet to another, are both free on Coinbase. There are no transaction fees while using the Coinbase Card.

Step 4: Search for Bitcoin

You can begin looking for Bitcoin on Coinbase now that you have cash in your account. When Bitcoin appears in the search results, select ‘Trade.’

Step 5: Buy Bitcoin

All you have to do now is enter how much Bitcoin you want to buy using Apple Pay.

Buy Bitcoin on Coinbase

Before finalizing your transaction, fees will be presented on the trade preview page for you to evaluate and confirm. Once you’re familiar with Coinbase you might want to also use their attached Coinbase Pro platform to pay lower fees if you’re an active trader.

Conclusion

This beginner’s guide has reviewed where to buy Bitcoin with Apple Pay right now in 2022. For other deposit methods, see our separate buy Bitcoin guide.

We’ve also covered how to buy Bitcoin with Apple Pay step by step on Coinbase exchange, one of the most popular crypto platforms in the US and worldwide.

When you choose Coinbase, you are choosing a user-friendly beginner’s platform that also has a more advanced Coinbase Pro platform you can log into with the same credentials.

coinbase logo

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk. 

FAQs on Buying Bitcoin with Apple Pay

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