How to Buy Bitcoin with Apple Pay

Bitbuy is now offering Apple Pay as a payment method for purchasing Bitcoin and other cryptocurrencies. This new feature provides Bitbuy users with a secure, private, and convenient way to buy Bitcoin using their Apple devices.

Why use Apple Pay?

Apple Pay is a mobile payment solution that offers an easy, fast, and secure way to make payments. It allows you to pay in apps or on the web in Safari using your iPhone, iPad, or Mac. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device or on Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, a certified chip designed to store payment information safely on the device.

Every Apple Pay purchase is secure because it is authenticated with FaceID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. This ensures that your transactions remain confidential and safe from potential security threats.

Buying Bitcoin with Apple Pay on Bitbuy

In response to the growing demand for diverse payment options, Bitbuy has integrated Apple Pay into its platform to facilitate faster and more secure transactions. Here's how you can buy Bitcoin with Apple Pay on Bitbuy:

1. Log into your Bitbuy account: If you don't have an account yet, create one by signing up with your email address.

2. Select 'Deposit CAD with card': Once you're logged in, navigate to the deposit section and select 'Deposit CAD with card'.

3. Choose 'Apple Pay' as your payment method: You will be prompted to select a payment method. Choose 'Apple Pay'.

4. Enter the amount you want to deposit: Input the amount of Canadian dollars (CAD) you wish to deposit into your Bitbuy account.

5. Authenticate the transaction: Add your payment details and confirm your payment using FaceID, Touch ID, or your device passcode.

6. Complete the purchase: After authenticating the transaction, you can now proceed to buy Bitcoin or any other cryptocurrency available on Bitbuy.

Fees, Limits, and Risks

Buying cryptocurrency using Apple Pay on Bitbuy involves certain fees, which you can check on Bitbuy's fee schedule. There may also be limits on the amount you can deposit per transaction or per day, so it's essential to be aware of these restrictions. As with all investments, buying cryptocurrency carries potential risks, so it's crucial to do your research and consider seeking advice from financial professionals.

With Bitbuy's user-friendly platform, purchasing cryptocurrency using Apple Pay has never been easier. By following these steps, you can start investing in the exciting world of cryptocurrency today.