Coinbase Expands Crypto Buying Reach With Apple Pay Integration (techcrunch.com)
(Monday December 02, 2024 @11:45PM (msmash)
from the expanding-the-fold dept.)
- Reference: 0175583961
- News link: https://slashdot.org/story/24/12/03/0444243/coinbase-expands-crypto-buying-reach-with-apple-pay-integration
- Source link: https://techcrunch.com/2024/12/02/coinbase-now-lets-you-buy-crypto-with-apple-pay-in-third-party-apps/
Major cryptocurrency exchange Coinbase has [1]integrated Apple Pay into its Onramp service , enabling third-party apps to offer direct cryptocurrency purchases through Apple's payment system.
The move significantly streamlines the traditionally complex process of converting traditional currencies to cryptocurrencies, eliminating multiple steps and extra fees previously required. It also marks a notable shift in Apple's historically cautious stance toward cryptocurrency, following years of restricting crypto-related features and removing major exchanges from its App Store in certain markets.
[1] https://techcrunch.com/2024/12/02/coinbase-now-lets-you-buy-crypto-with-apple-pay-in-third-party-apps/
The move significantly streamlines the traditionally complex process of converting traditional currencies to cryptocurrencies, eliminating multiple steps and extra fees previously required. It also marks a notable shift in Apple's historically cautious stance toward cryptocurrency, following years of restricting crypto-related features and removing major exchanges from its App Store in certain markets.
[1] https://techcrunch.com/2024/12/02/coinbase-now-lets-you-buy-crypto-with-apple-pay-in-third-party-apps/