Popular crypto exchange platform, Coinmama, has recently announced that customers may now use ApplePay to purchase cryptocurrency. This is great news for both Apple customers and the crypto community. This partnership with Apple is the first of its kind.
“Coinmama, in conjunction with Apple became the first bitcoin exchange to offer millions of Apple users a seamless experience when buying bitcoin.”
What’s so special about ApplePay?
ApplePay is a what many Apple users use to purchase anything from a stick of gum to a plane ticket. The beauty of ApplePay is that it does not require the user to carry around a physical credit card anymore. Once the card is registered into the ApplePay system, the user can spend at any supported retailer by using their iPhone or Watch. Biometric (fingerprint / Face ID) must be completed on the device in order to complete transactions. This, of course, makes credit card and ID theft almost impossible.
Being trusted by millions worldwide, ApplePay has brought convenience and security to traditional markets. Now that Coinmama has been approved by Apple to use their payment system, customers can purchase their favorite crypto with confidence.
Making crypto more mainstream
The partnership between Coinmama and Apple most definitely is a step in the right direction. With more and more traditional market support, the distance between fiat and digital currency is quickly closing. Much like how the CoolWallet S has integrated BANXA and Simplex into its ecosystem for convenient crypto transactions, Coinmama is also dedicated to creating a safe environment to cultivate the mass adoption of crypto. Enough reading for now though. Now is the time to try it out yourself!