Recently, Crypto.com, a leading crypto exchange, has announced that its users can now swiftly and safely buy cryptocurrency using Apple Pay through the Crypto.com App. For making any cryptocurrency purchases, the existing credit and debit card charges and trading restrictions will still be in effect.
From the Crypto.com iOS App on an iPhone, you may safely and quickly make in-app transactions using Apple Pay. Prior to using this service, people are required to add their credit or debit card to Apple Wallet on their iPhone.
Once they have linked their debit or credit card to Apple Wallet., they would be able to make use of Apple Pay as a simple and safe way to buy cryptocurrencies through the Crypto.com App.
Your capital is at risk.
How to Purchase Crypto with Apple Pay?
Given below are the steps through which you will be able to buy crypto on Crypto.com with Apple Pay:
Step 1: In the Crypto.com App, select the Trade icon from the home page.
Step 2: Choose your desired crypto, for example, Bitcoin, Ethereum, or Dogecoin, and then tap on the Buy button.
Step 3: Click Apple Pay under the Cash icon, then click on the Buy button once again.
Step 4: Select the option to accept the 2.99% card transaction fee and then click on Continue.
Step 5: Select Confirm to execute the transaction using your Touch ID, Face ID, or passcode.
Users’ Crypto Wallet balances will be adjusted accordingly following the completion of the payment, and their transaction history will be provided to them through the app.
Who are eligible to use Apply Pay for making their purchase on Crypto.com?
With an assurance from Crypto.com that it will shortly be open to everyone else, the new payment option is now only accessible to users in the US. Users in the US who meet the following requirements can use Apple Pay:
(a) don’t live in New York or one of the US territories (Puerto Rico, Guam, American Samoa, Virgin Islands, or the Northern Mariana Islands);
(b) have an iOS device that is able to install and use Apple Pay; and
(c) have an American Visa, Mastercard, or Maestro card that can support Apple Pay.
Buy Bitcoin via Crypto.com Now
Your capital is at risk.
Reasons Behind Failure of Crypto Purchase Using Apple Pay
Many users are reporting this issue, and there could be many reasons behind the failure of your transaction on Crypto.com.
Some of the common reasons are listed below:
(a) The price has expired. Your order must be confirmed within 15 seconds. Please be aware that your internet connection can have a little effect on how long it takes to complete a purchase.
(b) The order either fell short of the required minimum or went over the buying limit.
(c) You don’t really have any credit or debit cards that qualify in your Apple Wallet. Kindly add a second card and make sure it was obtained in the United States.
(d) The purchase was denied by your card’s issuer.
Simply get in touch with Crypto.com’s Customer Care Team via the in-app chat if none of the abovementioned situations accurately match your issue or if you face some other issues with your crypto transaction.
Your capital is at risk.
Always keep the transaction details available with you since you might be questioned about the transaction’s date, timing, and estimated amount. It will later help the company in resolving your query fast.
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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Source: https://insidebitcoins.com/news/users-can-now-buy-crypto-using-apple-pay-on-crypto-com