Apple Pay

Various crypto casinos and exchanges have added Apple Pay to their list of available funding options. Unlike other deposit methods, Apple Pay can only be used on Apple devices. Created in 2014, this payment system has been significantly improved over the years. Setting up the wallet is simple, and your transactions are confirmed instantly. To deposit money into a crypto site, just open Apple Pay and press a button. It’s that easy! Below, you’ll find a list of the best Bitcoin casinos and platforms that allow Apple Pay for funding.

There are 17 crypto trading sites and 89 crypto casinos that support Apple Pay as a deposit method, as seen in the toplists below.

Summary

This deposit option is fairly popular on crypto exchanges, although major platforms like Binance still do not support it. iPhone and iPad users often prefer Apple Pay due to its high level of convenience and quick transaction speeds. Currently, the company does not charge any fees for transfers. Apple Pay has rapidly grown to become a “must-have” payment method for most businesses in the crypto space.

What is Apple Pay?

Apple Pay is a distinctive payment system because it does not store your credit or debit card information, making it highly secure. Additionally, the wallet is pre-installed on newer Apple devices, providing users with easy access to make payments.

Costs When Using Apple Pay

Currently, Apple Pay does not have any transfer fees. However, some critics have suggested that transaction fees could be introduced in the future. While Apple itself does not charge fees for using its payment system, crypto exchanges may impose additional fees for using this deposit method.

Transaction Speed for Apple Pay

Apple Pay transactions are nearly instant, making it an excellent option for purchasing cryptocurrencies on exchanges. However, since this payment method is still relatively new, it is uncertain whether the transaction speeds will remain the same as the network gains wider adoption.

Apple Pay Deposits

The process of purchasing cryptocurrencies with Apple Pay will vary depending on the crypto exchange you use. Typically, you will need to follow these steps:

1. Log into your crypto exchange account and verify your details.
2. Choose the cryptocurrency you wish to purchase.
3. Enter the number of coins you want to buy.
4. Select Apple Pay from the list of deposit methods and confirm the transaction.
5. Complete the payment using one of the available verification methods, such as Face ID, Touch ID, or a PIN code.

Which are the main countries where Apple Pay is used?

Apple Pay is primarily used in the USA, Canada, and several European countries such as Germany, the United Kingdom, Greece, Portugal, and Poland. However, most countries in Africa, including Zambia, Kenya, and Ethiopia, are not included in the system. Other countries outside of Africa where Apple Pay is restricted include Albania, Turkey, and Moldova. Apple plans to expand the availability of this payment method in the coming years.

Is it easy to buy crypto with Apple Pay?

Buying crypto with Apple Pay is simple and straightforward, as long as you’re properly set up. You just need to use an exchange or trading app that supports this deposit method. Keep in mind that to use Apple Pay, you must have added a debit or credit card to your phone that supports it. Additionally, not all cards added to Apple Pay are eligible for online payments, so it’s always a good idea to double-check. Whether you want to buy Bitcoin or Ethereum with Apple Pay, the process is easy.

Can you withdraw with Apple Pay?

Apple Pay can be used for withdrawals on various crypto exchanges. However, it is important to review the payment guide of your chosen exchange, as some platforms may have restrictions on the amount you can withdraw using Apple Pay.

Reputation of Apple Pay

While this payment method is still relatively new, it has gained popularity among iPhone and iPad users. The wallet is pre-installed on these devices, making it highly convenient to use. The Apple Wallet application holds a rating of approximately 3.5 stars on the official Apple App Store, which is considered fair. Most complaints have been related to bugs in the app, but these issues have been addressed and resolved through recent updates to the system.

Apple Pay FAQ

Here are some of the most common questions that CryptoChipy received about this deposit method.

Is it safe to use Apple Pay for cryptocurrencies?

Yes, this deposit method is extremely secure as it does not store your credit card number. Instead, Apple Pay uses a device account number that is encrypted and securely stored on your device.

How do I set up Apple Pay?

If you haven’t set it up yet, it’s time to get Apple Pay, especially if you’re using a newer iPhone model. First, tap the “Add” option and link your credit or debit card. You’ll then need to verify your bank or card issuer, and once completed, the deposit option will be ready to use.

Is Apple Pay instant?

Yes, all deposits made using Apple Pay are reflected instantly. Additionally, setting up the wallet can be done in just a few minutes.

When was Apple Pay founded?

Apple Pay was founded in 2014 and unveiled by CEO Tim Cook.

Where is the mother company based?

This payment method was developed by Apple Inc., which is headquartered in Cupertino, California.

Does this banking method only work on Apple devices?

Yes, this is one of the main limitations of Apple Pay. Additionally, it cannot be used on older iPhones and iPads.

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