Coinbase Onramp Now Supports Buying Crypto With Apple Pay - MacRumors
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Coinbase Onramp Now Supports Buying Crypto With Apple Pay

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Cryptocurrency platform Coinbase today announced the launch of a new feature designed to let people buy cryptocurrency using Apple Pay.

coinbase apple pay
‌Apple Pay‌ is available for all fiat-to-crypto purchases (aka paper currencies like the U.S. dollar) in Coinbase Onramp, a tool that developers and websites can use to accept crypto payments from customers.


With ‌Apple Pay‌ integration in Coinbase Onramp, a customer can use ‌Apple Pay‌ to buy an item or a service, paying in dollars that are converted to cryptocurrency for the merchant. Coinbase promises a straightforward verification process and free offramping.

Coinbase says that Coinbase Onramp users can expect a faster end-to-end experience with fiat-to-crypto conversion that takes seconds, access to the most popular payment methods, and easier onramping for U.S. customers that use ‌Apple Pay‌.

Developers who already use Coinbase Onramp don't need to do anything, and their customers will see ‌Apple Pay‌ available as an option when making an eligible purchase.

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Top Rated Comments

A
anakin44011
22 months ago
Somewhere there's a joke about using Apple Pay to buy tulip bulbs, but I'd rather not invite the ire of the masses who are no-doubt enjoying the latest "valuations".

Historians aren't going to be kind when they write about us.

Go ahead...let the 'thumbs down' begin...I promise not to be a jerk on the way down, I just ask people not to be a jerk on the way up. Enjoy the ride for what it is.
Score: 20 Votes (Like | Disagree)
wbeasley Avatar
wbeasley
22 months ago

Apple is too slow jumping on the crypto and AI bandwagon, bunch of dinosaurs in charge
It's because it's gambling disguised as currency ;)
Score: 16 Votes (Like | Disagree)
Nugget Avatar
Nugget
22 months ago

Apple is too slow jumping on the crypto and AI bandwagon, bunch of dinosaurs in charge
I think in 10 years time with hindsight we'll look back and consider Apple brilliant for sidestepping both overhyped disasters.
Score: 15 Votes (Like | Disagree)
Nugget Avatar
Nugget
22 months ago
Ew, crypto
Score: 15 Votes (Like | Disagree)
Nugget Avatar
Nugget
22 months ago

It’s good to learn more about crypto
Learning more about crypto is what led me to my negative comments on crypto. Don't equate negative comments with people who just haven't heard the Good News.
Score: 12 Votes (Like | Disagree)
A
architect1337
22 months ago

Crypto is not an investment. It is not mainstream, though proponents desperately want it to appear as though it is so they can encourage more dupes to buy in. The only source of value in crypto is other people's principal. There is no source of growth beyond the initial ante.

It is not an investment so much as it is a currency that can buy nothing but other currencies.

It is absolutely gambling. You are betting that you will be able to time the market better than other people. It is a slightly less than zero sum game-- any money made by one person is necessarily lost by another while everyone is constantly losing a little bit in maintenance fees to the miners recomputing the ledger.
It's not even a currency because very few places will accept it in exchange for 'real' goods and services.

When you use your dollars to buy UK Pounds, you are directly buying another currency that can be used to buy goods and services in that country (you are swapping one currency for another). When you buy Crypto, you are giving someone USD to transfer their already owned crypto to your wallet. The only thing you can do with that crypto is sell it in the future for hopefully more than you paid for it. As the crypto itself has no use, you are relying on your 'buyer' to believe the value of the coin will go up. As soon as that belief vanishes, people won't buy the coin at any price during the slow decline; because they know the price won't ever increase and any amount of money they pay for the coin will be lost.
Score: 6 Votes (Like | Disagree)
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