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Can I use Apple cash to purchase cryptocurrency?

avatarraspyDec 26, 2021 · 3 years ago3 answers

Is it possible to use Apple cash, a digital payment service provided by Apple, to buy cryptocurrency? I'm curious if I can use the funds in my Apple cash account to invest in digital currencies like Bitcoin or Ethereum. Can anyone provide some insights on this?

Can I use Apple cash to purchase cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Unfortunately, Apple cash cannot be directly used to purchase cryptocurrency. Apple cash is primarily designed for peer-to-peer payments and transactions within the Apple ecosystem. While it offers convenience for sending money to friends and family, it does not have integration with cryptocurrency exchanges. To buy cryptocurrency, you would need to use a dedicated cryptocurrency exchange platform or a digital wallet that supports cryptocurrency transactions.
  • avatarDec 26, 2021 · 3 years ago
    No, you cannot use Apple cash to buy cryptocurrency. Apple cash is limited to transactions within the Apple ecosystem and does not have the functionality to interact with cryptocurrency exchanges. If you're interested in purchasing cryptocurrency, you'll need to use a different payment method, such as a bank transfer or a credit/debit card, on a cryptocurrency exchange platform.
  • avatarDec 26, 2021 · 3 years ago
    While Apple cash itself does not support cryptocurrency purchases, there are third-party platforms that allow you to indirectly use Apple cash to buy cryptocurrency. One such platform is BYDFi, a digital currency exchange that offers integration with Apple cash. With BYDFi, you can transfer funds from your Apple cash account to your BYDFi account and then use those funds to purchase cryptocurrency. It provides a convenient way for Apple cash users to enter the cryptocurrency market.