- Fast Transactions: Crypto in seconds via Apple Pay.
- No Fees: Free USDC on Coinbase Onramp.
- Accessibility: Reducing barriers for new investors.
Coinbase, one of the leading cryptocurrency exchanges in the United States, has announced the integration Assessment Apple Pay is adding a new feature to its Onramp services, allowing users to quickly and easily acquire cryptocurrencies. Launching on December 2, 2024, this new feature eliminates complicated steps and makes transactions more accessible for millions of Apple Pay users.
With this functionality, Onramp-based application developers do not need to perform additional configurations, as the integration is automatic. The solution offers a simplified experience for acquiring digital assets such as Bitcoin, Ethereum and Dogecoin, positioning itself as an important step forward in the mainstream adoption of cryptocurrencies.
This partnership with Apple puts Coinbase in a leading position in integrating traditional technologies with the digital asset space. While other platforms, such as Binance and MetaMask, have already implemented similar integrations, the addition of Apple Pay to Coinbase’s Onramp highlights the exchange’s dominance in the US market.
Apple Pay’s intuitive interface is one of the biggest draws of the integration. It eliminates the need for time-consuming procedures like bank account linking and complex KYC verification steps. In just a few seconds, users can convert fiat currency into digital assets directly on the platform.
Another notable advantage is the exemption from fees for transactions involving the USDC stablecoin, pegged to the US dollar, making the process even more attractive to new investors and developers. Onramp currently supports over 100 cryptocurrencies and 60 fiat currencies, making it a robust solution for the Web3 ecosystem.
The impact of the new feature was widely discussed on social media. Influencers and experts pointed out that the collaboration with Apple could be a “turning point” in attracting regular users to the cryptocurrency market. The security offered by Apple Pay also helps break down barriers associated with the complexity of the blockchain, facilitating the entry of new participants.