Buy Crypto With Google Pay and Apple Pay

Beginner’s Guide

 

With over one hundred million crypto-users worldwide, including 17% of the US adult population, Bitcoin is now part of the mainstream culture. Exchanges are seeing record numbers of new accounts opened, but crypto-holders are still in the minority. Why is this? The most common barrier to Bitcoin ownership is the anxiety around how to buy, store and spend Bitcoin.

Technology is developing rapidly, with payment giants announcing their entries into the market. What does technology giant Apple have to offer the prospective Bitcoiner? How have they engaged with the world of cryptocurrency? Let’s take a look.

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.
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How to Buy Crypto With Google Pay and Apple Pay on Binance

 
1. Log in to your Binance App. Select either [Buy crypto with Apple Pay/Google Pay option] or [Trade].
 
 
2. On the trade menu bar, select [Fiat] and choose the fiat currency you want to use. Then tap [Buy Crypto].
 
 
3. Select the crypto you want to buy and enter the fiat amount you wish to spend. The system will automatically display the amount of crypto you can receive. Tap [Buy].
 
 
4. To buy crypto with Google Pay or Apple Pay, select [Google Pay] or [Apple Pay] and tap [Confirm].
 
 
5. Carefully check the payment details and fees, and [Confirm] your order within 1 minute. After 1 minute, the amount of crypto you will get will be recalculated based on the latest market price. You can tap [Refresh] to see your new order amount. Please note that the fee rate is approximately 2% per transaction.
 
 
6. You’ll be redirected to your Google Pay or Apple Pay’s transaction page. Follow the instructions on-screen to confirm the payment.
 
 
7. Once the payment is complete, tap [View Wallet] to see your transaction history.
 


 

How to Buy Crypto With Google Pay and Apple Pay on Crypto.com

How To Purchase Crypto Via Apple Pay?
More information and steps on how to purchase cryptocurrencies via Apple Pay
 
 

Apple Pay is now available for crypto purchases. Follow the steps below to start buying crypto with eligible bank cards stored in your Apple Wallet.

Step 1

Select Apple Pay as a payment

Step 2

Acknowledge the card fee* and tap Continue

Step 3

Review and confirm the transaction details

Step 4

Pass the biometric ID check or enter your passcode

*Fee varies depending on the country.

 
Who is eligible?

  • Users who:

    • have a compatible iOS device; and

    • have a locally-issued Visa, Mastercard, or Maestro card that has been provisioned to Apple Pay.

  • We are rolling this feature out progressively. Here is the list of available markets:

    • Argentina

    • Australia

    • Austria

    • Bahrain

    • Belarus

    • Belgium

    • Bulgaria

    • Colombia

    • Costa Rica

    • Croatia

    • Cyprus

    • Czech Republic

    • Denmark

    • Estonia

    • Faroe Islands

    • Finland

    • France

    • Germany

    • Greece

    • Greenland

    • Guernsey

    • Hong Kong

    • Hungary

    • Iceland

    • Ireland

    • Isle of Man

    • Israel

    • Italy

    • Japan

    • Jersey

    • Latvia

    • Liechtenstein

    • Lithuania

    • Luxembourg

    • Malta

    • Mexico

    • Monaco

    • Netherlands

    • New Zealand

    • Norway

    • Peru

    • Poland

    • Portugal

    • Qatar

    • Romania

    • Russia

    • San Marino

    • Saudi Arabia

    • Serbia

    • Singapore

    • Slovakia

    • Slovenia

    • Spain

    • Sweden

    • Switzerland

    • Taiwan

    • United States, excluding NY and U.S. Territories (Puerto Rico, Guam, American Samoa, Virgin Islands, Northern Mariana Islands)

    • Ukraine

    • United Arab Emirates

    • United Kingdom

    • Vatican City

 
Why did my order request fail?

Here are some possible reasons:

  • The price timed out. You have 15 seconds to confirm your purchase. Please note that the time required to confirm an order also depends on your network connection, so this may vary by a few seconds.

  • Your order exceeded the purchase limit or it was below the minimum amount.

  • You do not have any eligible credit/debit card in your Apple Wallet. Please add another card and ensure that it was issued in the U.S.

  • Your card issuer declined the transaction.

If all the above scenarios fail to describe your situation, or if you encounter any other problems with your crypto purchase, please contact our Customer Support Team via the in-app chat. You may be asked to provide the date, time, and approximate value of the transaction, so please keep this information handy. These details allow us to assist you better.

 
What is the limit of crypto purchases via Apple Pay?

Your crypto purchase limit depends on your Crypto.com Visa Card tier:

Card tier

Weekly limit

No Card / Midnight Blue

$750

Ruby Steel

$2,000

Jade Green / Royal Indigo

$5,000

Icy White / Rose Gold

$20,000

Black Obsidian

$100,000

Source : Binance and Crypto.com

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