Crypto.com recently announced the integration of Apple Pay into its app and website. Apple does not support crypto payments directly, but Crypto.com users will have the option to make in-app purchases.
These purchases can be made with the help of credit and debit cards through Apple Pay. Through this new development, the exchange should improve and boost the user experience.
Apple Pay will help facilitate a simple and secure payment method that can be used on the exchange to buy cryptocurrencies.
The exchange specifically agreed with the decision to incorporate this feature for its clients, as it could make transactions convenient but also ensure that security is not compromised. In addition, users who have Apple Card as a payment method when buying cryptocurrencies will be entitled to receive 2% Daily Cash on their purchases.
Apple Pay on Crypto.com is only available in the US now
Crypto.com wants its users to be able to easily deposit their funds using Apple Pay. Exchanges are also always on the lookout to make it easy for their users to deposit funds. This specific service must be available through the Crypto.com app itself.
However, this new feature is only available to US users, excluding residents living in New York State and US Territories. Territories include Puerto Rico, Guam, American Samoa, Mariana Islands of the North and also Virgin Islands.
While the feature is only available in the US, the platform has plans to roll it out to other countries on an ongoing basis in the near future. The new feature or functionality will include ongoing debit and credit charges that will be billed to the protocol.
In this new service offered by the exchange, trading limits for cryptocurrency purchases also apply. Apple Pay on iOS devices helps make payments easier for iPhone users.