American cryptocurrency exchange Coinbase has announced the full integration of Apple Pay into its Onramp app services.
Starting December 2, users logging into apps built on Coinbase’s Onramp will be able to transact via Apple Pay. As stated in the official Coinbase blog, app developers are not required to take any action to activate this feature.
This integration makes Apple Pay available on one of the largest cryptocurrency platforms in the United States. Although Apple Pay is already supported by platforms such as Binance, BitPay, and MetaMask, the news has received a positive response from the crypto community.
For example, on the X platform (formerly Twitter), users are actively discussing the news. One of the comments reads: “This could be a game changer! The convenience and ease of use of Apple Pay will certainly attract more users to the crypto space.”
Apple Pay integration is easy to use for developers and users, but it can also have a significant impact on the cryptocurrency market. With a large iOS user base, the new functionality helps simplify cryptocurrency transactions, adding an element of reliability and convenience for those just starting to master Web3, cryptocurrency, and blockchain technologies.
Other benefits of the integration include the ability to conduct free transactions with USD Coin (USDC), support for over 60 fiat currencies, regulatory compliance, and access to over 100 cryptocurrencies and 20 blockchains.
While Coinbase expands its capabilities within Onramp, the company has decided to abandon plans to enter the Turkish market, the fourth largest cryptocurrency market in the world by transaction volume.