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Coinbase Adds Apple Pay Onramping Support

Coinbase ramps up its options for onramping.
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Dec 2, 2024 • 1 min read

Coinbase has integrated Apple Pay into its Onramp service, enabling seamless fiat-to-crypto conversions in seconds, simplifying user onboarding.

What’s the Scoop?

  • Coinbase Onramp now supports Apple Pay for fiat-to-crypto purchases. Users benefit from lightweight KYC for eligible transactions and free USDC on/offramps.
  • Apple Pay integration caters to more than 60 million U.S. users, offering instant onchain access.

Bankless Take

Coinbase’s Apple Pay integration is a strategic move to streamline crypto onboarding for mainstream users. By addressing common pain points like lengthy KYC and complex workflows, Coinbase is reducing barriers to crypto adoption. The addition of Apple Pay broadens accessibility, potentially driving greater onchain activity. For developers, this positions Coinbase Onramp as a critical tool for user-friendly fiat-to-crypto transitions, pushing Web3 apps closer to mass-market appeal.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

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