KuCoin, one of the leading cryptocurrency exchange today announces about the addition of a new payment method. Yes, you heard it right but you might be curious to know what is that payment method. This is Apple Pay… now users of KuCoin can use this to purchase cryptocurrencies.
In order to enrich the current available payments methods, and provide a more secure way for users, KuCoin adds Apple Pay to its platform.
KuCoin doesn’t allow direct purchase of crypto via Apple Pay rather through a third party named Banxa. Now there might be a question in your mind that how to purchase crypto with Apple Pay via Banxa. I’ll tell you later about that in this article, first know Banxa.
Basically Banxa is a fiat-to-crypto payment gateway solution for exchanges, wallets and other cryptocurrency businesses. KuCoin partnered with Banxa in order to provide its users to purchase crypto via Apple Pay, Visa/Mastercard and other 10 payment options.
The fiat currency that is now supported on KuCoin via Apple Pay, Visa and MasterCard are:-
|Payment Method||Fiat Currency||Transaction Speed|
|USD, AUD, CAD, CZK, DKK, EUR, GBP, HKD, NOK, PLN, RUB, SEK, TRY||Instant|
How to Buy Crypto via Apple Pay on KuCoin
Here is the complete step that you have to follow in order to purchase crypto via Apple Pay:-
- Firstly go to Buy Crypto.
- Then choose Third-Party Payment
- Choose Banxa
- Then choose Apple Pay
- Fill in the amount (Minimum amount is 20 USD and Maximum 15000 USD)
- Lastly, click Buy Now to complete the order.
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Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.