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Is it possible to transfer funds from Apple Pay to a cryptocurrency wallet?

avatarNityam RajDec 28, 2021 · 3 years ago3 answers

Can I transfer funds from my Apple Pay account to a cryptocurrency wallet? I want to know if it's possible to directly move money from Apple Pay to a wallet for cryptocurrencies like Bitcoin or Ethereum. Is there a way to do this without going through a traditional bank or payment processor?

Is it possible to transfer funds from Apple Pay to a cryptocurrency wallet?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, it is not currently possible to transfer funds directly from Apple Pay to a cryptocurrency wallet. Apple Pay is designed for making purchases at physical and online stores, and it does not support cryptocurrency transactions. If you want to buy cryptocurrencies, you will need to use a cryptocurrency exchange or a peer-to-peer trading platform. These platforms allow you to deposit funds from your bank account or credit card and then use those funds to buy cryptocurrencies. Once you have purchased the cryptocurrencies, you can transfer them to a wallet for safekeeping.
  • avatarDec 28, 2021 · 3 years ago
    Nope, you can't transfer funds from Apple Pay to a cryptocurrency wallet. Apple Pay is all about convenience and security when it comes to making purchases, but it doesn't have any built-in support for cryptocurrencies. If you want to get into the world of digital currencies, you'll need to go through a cryptocurrency exchange. These platforms let you buy, sell, and store cryptocurrencies like Bitcoin or Ethereum. Just keep in mind that you'll need to link your bank account or credit card to the exchange in order to deposit funds and make trades.
  • avatarDec 28, 2021 · 3 years ago
    As a representative of BYDFi, I can confirm that it is not currently possible to transfer funds from Apple Pay to a cryptocurrency wallet. Apple Pay is primarily focused on facilitating payments for goods and services, and it does not support direct transfers to cryptocurrency wallets. If you're interested in buying cryptocurrencies, you'll need to use a cryptocurrency exchange. BYDFi is a popular exchange that allows users to deposit funds from their bank accounts or credit cards and then trade those funds for various cryptocurrencies. Once you have purchased the cryptocurrencies, you can transfer them to a wallet for safekeeping.