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Leading cryptocurrency exchange Bybit is making a significant move to expand its user base by integrating the contactless payment system Apple Pay into its platform. This integration allows customers worldwide to buy digital assets with just a single click.
Bybit representatives stated that this new feature will greatly simplify the process of funding trading accounts and purchasing cryptocurrencies, especially for newcomers to the market. Users only need to select the desired amount and currency, then complete the transaction through Apple Pay—eliminating the need to input bank card details and other tedious procedures. Additionally, the transaction fee is a remarkably low 0%.
“Previously, we observed certain entry barriers for new participants due to the complexities of registration and funding. The integration of Apple Pay completely removes these obstacles. Moreover, the added security level is guaranteed by Face ID technology,” commented Bybit. However, residents of Russia will not benefit from this new feature due to existing restrictions, and they will still need to use p2p resellers.
For American users, this integration signifies a major step towards seamless and secure transactions in the cryptocurrency market, aligning with the increasing adoption of digital payment methods in the USA.
