Crypto Traders Can Now Buy Bitcoin and Ethereum With Apple Pay – Here’s How

The crypto startup Lumi is making it possible for anyone who uses Apple Pay to buy Bitcoin, Ethereum and a long list of altcoins.

A new feature in Lumi’s iOS wallet allows traders to buy crypto assets through Apple’s popular payments service.

The app also allows investors to purchase USD Coin (USDC), Tether (USDT), Stably (USDS), Binance (BUSD), Wrapped Bitcoin (WBTC), Wrapped Ether (WETH), (YFI), Uniswap (UNI), DAI, AAVE, Basic Attention Token (BAT), Compound (COMP), Curve (CRV), Gemini Dollar (GUSD), HUSD, Chainlink (LINK), Maker (MKR), Paxos Standard Token (PAX), Synthetix (SNX), and Universal Market Access (UMA).

Lumi wallet users in the US are limited to $500 purchases per day, $500 per week and $5,000 per year. Limits for users outside of the US are $1,000 per day, $1,000 per week and $7,500 per year.

While purchases can be made in most countries where Apple Pay is available, the option is unavailable for people in Vatican City, Ukraine, Montenegro, Monaco, Malta, Man of Isles, Jersey, Liechtenstein, Romania, Russia, Serbia, China, Taiwan, Macao and Kazakhstan.

Apple Pay is one of the biggest mobile payment providers in the world. Introduced by Apple Inc. in 2014, the platform has a global reach of over 383 million users, according to Statista.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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