How To Buy Bitcoin With Apple Pay Using Marketplaces Like Paxful and LocalBitcoins?

Bitcoins or digital currencies are getting popular these days. More and more people are investing in bitcoins as such investments are considered profitable ventures. If you have not invested in bitcoin as of the day then this blog is useful as it illustrates how you can engage in buying bitcoins. If you are using Apple iPhone then you can purchase bitcoins using Apple Pay. Apple Pay is a payment application that was launched way back in 2014. It is used to send money to family or friends seamlessly and instantly. This payment application is supported on iPad, Apple Watch, and Mac apart from Apple’s iPhone devices. This blog highlights how to buy bitcoins with Apple Pay as it illustrates two, person to person marketplaces that accept such payments.

how to buy bitcoin with Apple Pay

Where To Purchase Bitcoins Using Apple Pay Instantly?

Two marketplaces accept Apple Pay payments for bitcoin purchase and they are as follows:-

LocalBitcoins 

Almost all countries support the purchase of bitcoins from LocalBitcoins. It is free to use. However, the fees are 1% to the advertisers.

Paxful

Most countries support bitcoin purchase using Paxful. However, there are a few banned countries. To know which nations are barred from using this marketplace visit online and check relevant websites. It is free to use. The fees are 0.1% to 5% to the sellers.

Tips for Purchasing Bitcoins Using Apple Pay

If you are willing to purchase bitcoins using Apple Pay then you require to search for a reputed marketplace that allows you to do the purchase.

Paxful

  • If you are interested in buying bitcoins using Apple Pay then you require creating an account with Paxful.
  • Next, this is that you need to verify your account.
  • Visit the “Buy Bitcoin” and search for Apple Pay.
  • Start trading with the vendor and complete the terms and conditions.
  • Receive bitcoins in your Paxful wallet. 

The above-mentioned steps illustrate how to buy bitcoins with Apple Pay. Paxful is a person to person marketplace that is founded in the year 2015 and is headquartered in Newyork. It supports more than 300 methods of payments. Paxful offers vendors the ability to create offers in more than one currencies. Among the Pros of using this marketplace is that it uses the Escrow system of payments, it has a wide range of payment options, it is highly secure, it has a simple user-interface, it can be used by a wide type of sellers. Among the cons of using this application, the users are always at risk of being scammed while using this marketplace. With Paxful the reputation is excellent, fees are low, privacy is high, limits are high.

Local Bitcoins

  • If you are interested in buying bitcoins using Apple Pay then you require creating an account with Local Bitcoins.
  • Next, this is that you need to verify your account. 
  • Visit the “Buy Bitcoin” and search for Apple Pay.
  • Start trading with the vendor and complete the terms and conditions.
  • Receive bitcoins in your Local Bitcoins wallet.

The above-mentioned steps illustrate how to buy bitcoins with Apple Pay. Local Bitcoins is a person to person bitcoin trading marketplace. It is founded in the year 2012 and is headquartered in Helsinki, Finland. It is a trading platform and specializes in connecting buyers with sellers. It offers vendors the ability to create offers in almost all currencies. There are a few pros and cons as far as trading with Local Bitcoins is concerned. The pros include the fact that the marketplace is available in every country of the world, it is used by a wide selection of buyers and sellers, supports multiple methods of payments, it is a private marketplace, buyers get bitcoins from this marketplace fast. The cons include lack of diversity in crypto-currency, the buyers and the sellers have a high risk of being scammed. Local Bitcoins have an excellent reputation, it has low fees, high privacy, and high limits.  

For more on how to use Apple Pay to buy bitcoins visit online and check out smart-bitcoin investments for relevant information about bitcoin purchase.