Coinbase Adds Apple Pay—Easier Crypto Buys Ahead?

Coinbase just added Apple Pay, making crypto even simpler to purchase. But does this represent a mainstream adoption spike or simply a minor convenience enhancement?

For years, buying crypto has been a hassle for many, with bank limitations, rejected transactions, and sluggish payment options slowing adoption.

By allowing customers to purchase crypto via Apple Pay, Coinbase is capitalizing on one of the most used payment platforms, making onboarding simpler for tens of millions of iPhone owners.

This can decrease the barrier for new investors who’ve been deterred by complicated buying processes. But qualifications exist nonetheless. Apple Pay transactions happen via linked cards, so banks may still reject transactions at whim.

Fees greater than direct bank transfers may be a detraction. And let’s not forget—convenience is lovely, but regulation of crypto purchases through mainstream outlets is still on the horizon.

Will Apple Pay adoption create a wave of fresh crypto buyers, or is this just a baby step towards an interface as easy as buying coffee?