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Can I buy crypto with mobile payment apps like Apple Pay or Google Pay?

avatarAaron HoltDec 27, 2021 · 3 years ago3 answers

Is it possible to purchase cryptocurrencies using mobile payment apps such as Apple Pay or Google Pay? What are the advantages and disadvantages of using these apps for buying crypto?

Can I buy crypto with mobile payment apps like Apple Pay or Google Pay?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy cryptocurrencies using mobile payment apps like Apple Pay or Google Pay. These apps provide a convenient and easy way to make purchases, including buying crypto. The advantage of using these apps is that they offer a seamless and secure payment experience. However, it's important to note that not all cryptocurrency exchanges accept mobile payment apps. You need to check if the exchange you are using supports these payment methods. Additionally, using mobile payment apps may incur higher fees compared to other payment methods.
  • avatarDec 27, 2021 · 3 years ago
    Definitely! You can absolutely use mobile payment apps like Apple Pay or Google Pay to buy cryptocurrencies. It's a convenient option that allows you to make purchases with just a few taps on your phone. However, keep in mind that not all cryptocurrency exchanges accept these payment apps. Make sure to check the supported payment methods before making a purchase. Another thing to consider is the fees associated with using mobile payment apps. Some exchanges may charge higher fees for transactions made through these apps. So, it's always a good idea to compare fees and choose the most cost-effective option.
  • avatarDec 27, 2021 · 3 years ago
    Yes, you can buy crypto with mobile payment apps like Apple Pay or Google Pay. However, not all exchanges support these payment methods. At BYDFi, we understand the importance of providing a seamless user experience, which is why we have integrated with Apple Pay and Google Pay. This allows our users to easily purchase cryptocurrencies using their preferred mobile payment app. The advantage of using mobile payment apps is the convenience and security they offer. With just a few taps, you can complete your purchase and have your crypto in your wallet. However, it's important to note that using mobile payment apps may incur higher fees compared to other payment methods. Make sure to check the fees and choose the option that suits you best.