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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.jpg

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.

Article Link: Coinbase Onramp Now Supports Buying Crypto With Apple Pay
 
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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.
 
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.
Right... because historians thus far have written such glowing words of Central Bankers and societies destroyed by hyper-inflation from government manipulation of currency.
 
It should also mean 2% cashback when paying with Apple Card via Apple Pay, right?

Edit - Sorry, just read CC don’t work.
 
It should also mean 2% cashback when paying with Apple Card via Apple Pay, right?

Edit - Sorry, just read CC don’t work.
If credit cards don’t work with Apple Pay, and I assume that includes the Apple Card, what good is it? What can you use, then?
 
If credit cards don’t work with Apple Pay, and I assume that includes the Apple Card, what good is it? What can you use, then?
Presumably debit cards or Apple Cash. I imagine credit cards treat crypto/token purchases as a cash advance and not a purchase, which most merchants don't want to deal with. Just a guess.
 
I’m seeing a lot of negative comments on crypto. For those who don’t know what they’re doing with crypto, don’t be in it, but it is fast becoming mainstream. If you stick with the blue chip coins or tokens, it is not gambling. It is gambling if you’re spending all of your money on meme coins, except maybe the OG meme, Dogecoin, which is fairly mature. With the advent of bitcoin and ethereum ETF’s, with more to come (probably Solana, Polygon, Cardano, Dogecoin, etc.), you’ll start to find a lot of your mutual funds are invested in crypto.

It’s good to learn more about crypto because it is about to boom with institutional investors flocking to it and including these investment options for their customers. Several large investment firms are now recommending their customers put at least 6% of their portfolios in crypto. There is a ton of money to be made. Consider this time frame to be the ground floor of crypto. An entire industry currently worth $3 trillion is expected to grow to $30 trillion by the end of the decade, matching that of gold.
 
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