How to buy crypto with Apple Pay

How to buy crypto with Apple Pay

Robert McDougall 

September 16, 2022

Cryptocurrency

You have decided that you want to buy some crypto, but you don't want to use credit/debit card or bank transfer. It is very convenient to purchase everything using Apple Pay these days, and you are looking for options to do the same with crypto. The great news is that you can easily use Apple Pay to buy Bitcoin or crypto.

Where can I buy cryptocurrency using Apple Pay?

There are so many different crypto exchanges available now, but how do you know if they are legitimate and secure? All of the best crypto exchanges and any platform we review on our site are trusted and safe, so you don't need to worry about losing your funds. The next thing you need to figure out is which exchanges accept Apple Pay. This is a more difficult task, since most exchanges don't support this payment method, but we have done the research for you and provided you with some options. The best one to choose is Bybit as it has more than 220+ coins, 24/7 live chat support, no KYC verification requirements, plenty of trading options, and other features. If you want to learn more about Bybit before signing up, read our review here.

How to buy cryptocurrency with Apple Pay?

There are only 4 simple steps involved when purchasing crypto using Apple Pay. I will go into more detail below with detailed screenshots, so you can easily follow along.

Step 1: Compare crypto exchanges

Step 2: Sign up to crypto exchange

Step 3: Go to the 'Buy Crypto' section

Step 4: Buy cryptocurrency

Step 1 - Compare crypto exchanges that accept Apple Pay

The first thing you need to do is compare crypto exchanges that support Apple Pay as a payment method. From our detailed tests, we have found the three best exchanges below. In this step-by-step guide, I will be using screenshots from my Bybit account, so if you want to easily follow, you can also create an account on Bybit.

Top 3 Recommendations

#1

Bybit

   Best Overall  

Rating

4.9

#2

KuCoin

Over 700+ coins

Rating

4.6

#3

Crypto.com

Best Mobile App

Rating

4.4

If you want to do more research before opening an account with a crypto exchange, have a read of our article on the best crypto exchanges here. But remember you need to check if the exchange you want to use accepts Apple Pay before you sign up.

Step 2 - Sign up to crypto exchange

It is quick and easy to open an account with Bybit, and you don't even need to complete KYC verification. This means no uploading of your photos or driver license to prove your identity. Click on this link to sign up, and you will receive FREE $10 Bitcoin as one of our readers: https://partner.bybit.com/b/16338

When you click on that link, you will be taken to a page like the screenshot below. Type in your email address, create a password, then click Create Account. You can also sign up using your Google account or mobile number if you prefer.

Note: Bybit is not available for residents of the US or Singapore. However, since Bybit does not conduct KYC, some people still use it, with the aid of a VPN. If you do not wish to use Bybit, you can use KuCoin or Crypto.com instead.

After you have created your account, you will need to verify your email address by entering the code that is sent to your email. After that, you will be taken to a screen like the one below. You can select whether you are new or experienced, and Bybit will guide you accordingly! Bybit also has 24/7 live chat support, so if you ever need assistance, simply contact them. Choose which of the buttons best represents your situation.

Step 3 - Go to the 'Buy Crypto' section

The next step is to begin the purchase process. Whether you clicked that you are a new or experienced trader in the step above, you should see an orange 'Buy Crypto' button on the screen. Click that button to begin your crypto purchasing journey. If your screen doesn't look like the one below, you can click 'Buy Crypto' in the menu along the top, and then select 'One-Click Buy' from the dropdown menu.

Now your screen should look like the one below. Simply choose which fiat currency you wish to spend, and the cryptocurrency you want to buy. In our example we will purchase $250 USD worth of Bitcoin. Next, click in the 'Payment Methods' dropdown menu, and you will notice that there is no option for Apple Pay here. Do not worry, you can definitely use Apple Pay, but you need to select 'Google Pay' at this step. Click the orange button underneath to begin your purchase.

You will see a screen like the one below, with several payment channels. You will notice that some of them, for example MoonPay, Simplex, and Mercuryo support Apple Pay. I have chosen MoonPay in this example, as it is the cheapest option for Apple Pay. The price per Bitcoin is displayed under the name of each payment channel. LegendTrading is the cheapest option, but it doesn't support Apple Pay.

When you have chosen the payment channel, you can tick that you have read and agree to the disclaimer, then click the 'Continue' button.

Step 4 - Buy cryptocurrency

You will be redirected to the third-party payment channel where you can make your payment. In our example, we are taken to the MoonPay website. Enter your email address and click 'Continue' to create an account.

Enter the verification code that was sent to your email address, tick the boxes, then click 'Continue'.

Next you need to fill in your personal details such as name, birthday, and Nationality to finalise your account. After you do this, you will be able to complete your purchase using Apple Pay.

Now you can go back to Bybit to see that your purchase was made successfully. Click on 'Assets' in the menu along the top right, then select 'Assets Overview'. Your screen will look similar to the one below, and you can see the value of the crypto that you have purchased. You can also see a more detailed view by clicking along the menu items along the left side. Congratulations, you have managed to buy crypto using Apple Pay!

Frequently Asked Questions:

Where do I store my cryptocurrency after buying?

When you buy crypto with any of our recommended exchanges your coins will be automatically stored in a wallet provided on the platform. You can choose to hold your crypto here, for easy access and convenience, or you can send it to your own hardware wallet for safekeeping. The best hardware wallets for offline storage are Ledger and Trezor

Is buying crypto using Apple Pay legal?

Yes it is legal to buy crypto using Apple Pay. The only restrictions will be based on your country, and whether the purchase of cryptocurrencies is legal where you reside.

Is buying crypto using Apple Pay safe?

If you use a reputable crypto exchange, then it is safe to buy crypto using Apple Pay. The best cryptocurrency exchanges have robust multi-layered security measures, so you can buy crypto with peace of mind. 

Does this method work for all cryptocurrencies?

This method will work for any cryptocurrencies that are listed on the crypto exchange you choose. You will have to check that the coin you want is listed on the platform you choose. Bybit offers more than 220+ cryptocurrencies, so you should be able to purchase the coin you like. If the coin you want to buy on Bybit is supported on the platform, but not available using instant purchase, you can buy USDT, then use it to trade for the coin you like on the market.

Marketplacefairness.org provides all its content for informational purposes only, and this should not be taken as financial advice to buy, trade or sell cryptocurrency or use any specific exchange. Please do not use this website as investment advice, financial advice or legal advice, and each individual's needs may vary from that of the author. This post includes affiliate links with our partners who may compensate us. 

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