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How to buy Bitcoin Cash with Apple Pay
Why investors buy Bitcoin Cash with Apple Pay
Introduced in 2014, Apple Pay is a payment service for web-based payments through iOS and is fully supported by Apple products. Nowadays even many stores accept Apple Pay, leading to an increase in Apple Pay payments worldwide. This means that Apple Pay is supported by thousands of apps and stores around the world, allowing users to purchase a variety of goods and services. While Apple does not directly integrate Bitcoin or other forms of cryptocurrency on its devices, many exchange platforms facilitate transactions or transfers of digital currencies through Apple Pay in order to offer straightforward transactions. On that account, users can buy cryptocurrency on our exchange using the quick, simple, and secure "Apple Pay" payment method. Purchasing cryptocurrencies has never been easier thanks to the simplicity and accessibility of Apple Pay combined with our exchange's user-friendly interface. Some of the main advantages of using Apple Pay as your cryptocurrency payment method include:
- Built-in privacy and security,
- Global availability,
- Faster and easier than using cards or cash,
- Much more convenient cashing out online,
- The ability to deposit up to $20,000 per week to a debit card or bank account,
- Apple Pay also allows a transaction minimum of $1 and a seven-day weekly maximum of $10,000.
Some of the main advantages of using Apple Pay as your cryptocurrency payment method include; built-in privacy and security, global availability, faster and easier than using cards or cash, much more convenient cashing out online, and the ability to deposit up to $20,000 per week to a debit card or bank account. Apple Pay also allows a transaction minimum of $1 and a seven-day weekly maximum of $10,000.
Is BCH a good investment?
Bitcoin Cash crypto (known as BCH) was released in 2017 with an initial price of $440. At the very beginning, BCH surprised everyone with its price rise to $621 in only a few months. Surprisingly, BCH set a record for the all-time highest price of $2,940 in December of the same year. It was shocking for BCH owners because, in less than a year, their investment had delivered almost 6 times the profit. However, 2018 wasn’t that good for people who decided to invest in BCH at the end of 2017, because every month the price dropped until it reached $81 per token in December of 2018. The next year wasn’t so fluctuating for BCH and almost passed with a stable price between $300 to $400. The same happened in 2020. In 2021, the BCH price again climbed and reached $1,454 per coin, and became a highly profitable investment for its owners.
BCH had ups and downs, like any other cryptocurrency. It had shown many times that it could be a profitable investment. However, no one knows what may happen to its future. Therefore, when you want to purchase this coin, you may wonder if it will be a good investment. To answer this question, you need to check several things to understand if BCH might be on growth or may fall. One of them is BCH price predictions. Crypto analysts and experts analyze the performance of crypto and other factors to forecast its future. Most analysts believe BCH's price might reach $2000 by 2030, which means it may be a good long-term investment.
Who can buy Bitcoin Cash with Apple Pay
All users, investors, and holders on our exchange can benefit from Apple Pay payment method no matter a beginner or a professional. Employing Apple Pay’s integrations increase our exchange’s usability and diversify the payment options available to our exchange users.
What is Bitcoin Cash ?
Bitcoin Cash was released in 2017 as a hard fork of Bitcoin, which means it was split from the original protocol to solve the problems regarding scalability, low speed, and high fees that Bitcoin had. Bitcoin Cash is technically and structurally similar to Bitcoin, but it can pack 4 to 8 times larger data into each block. It can also process 116 transactions per second, which means blocks are bigger, and yet the speed is higher compared to Bitcoin. Furthermore, due to its fees, Bitcoin wasn’t suitable for everyday purchases anymore. Thus, Bitcoin Cash was created as an alternative to Bitcoin for everyday use.
What is BCH
BCH is the native coin on the Bitcoin Cash blockchain. It was released alongside its network in 2017. Since it has lower fees, BCH acts like cash in everyday purchases and is known as electronic cash. Many stores and online markets accept this coin in their transactions. Although Bitcoin is still more popular than Bitcoin Cash, more and more people use BCH every day, and it seems that this coin is finding its way to the market. BCH is mineable like BTC, and the process is the same as its origin. Nonetheless, it has a maximum supply of 21 million coins. There is still a small percentage of this coin out there, which is almost equal to 5% of its max supply.
How to buy BCH with Apple Pay instantly?
Our exchange platform allows you to buy, sell, exchange and store digital currencies using different payment methods, one of which is Apple Pay. Users can instantly purchase the cryptocurrency they want through our exchange using Apple Pay, and the funds are then transferred to their wallet. In addition, our exchange’s mobile app and wallet are both Apple Pay compatible, giving our users complete access to all the resources they need to carry out their cryptocurrency transactions quickly and with ease.
Where can I buy BCH online with a Apple Pay?
Our exchange supports Apple Pay as a payment option in order to assist users to trade, buy and sell digital currencies using the Apple Pay digital payment service. To buy digital currency with this payment method, simply just log in to your account on Blocktrade.com site using your email address and a device that supports Apple Pay, choose your desired coin among the options of digital currency, enter the amount of cryptocurrency you need to buy and then select top-up your balance with the fiat currency of your choice, select Apple Pay from the list of available payment methods and increase your balance, then confirm the purchase of the desired cryptocurrency using Apple Pay.
Is BCH Reliable?
Since it is a fork of Bitcoin, it uses the same protocols. Therefore, the network is as reliable as Bitcoin. Bitcoin Cash uses a Proof-of-Work security mechanism, which protects this platform from attackers. However, you should keep your private information safe to prevent any problems regarding hacks or other cyber-attacks on your account. Use a safe exchange like Blocktrade and hold your coins in a secure wallet. If you want to buy BCH and keep it as a long-term investment, we recommend you choose a hardware wallet.
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FAQ
Frequently asked questions
Most investors still prefer BTC over BCH because Bitcoin is more popular and known by people. Furthermore, for people who want to spend their coins, more markets are accepting BTC. Therefore, most people might think that buying Bitcoin is better than Bitcoin Cash. However, if you want to keep your coins as an investment, it is better to compare the price and news about both to find out which one to invest in.
You decide which forms of payment Apple Pay will use to carry out your crypto transactions when using its services in conjunction with our exchange. Plus, Apple Pay enables you to store debit and credit card information on your Apple device in order to facilitate simple online transactions.
You can use Bitcoin Cash as payment for purchasing goods, even buying coffee. You can trade it with other coins or use it to create smart contracts.
Apple Pay does not impose any additional fees on top of those levied by your credit card provider. However, additional fees shouldn't apply to Apple Pay transactions made using a debit card. Also, note that our exchange charges no trading fees as well.
Many exchanges support Bitcoin Cash and let you purchase via debit or master card. One of them is BlockTrade, an exchange regulated in the EU that accepts many coins. You can do trading without any fee on this exchange. Thus, it will be the cheapest exchange you can find to buy BCH.
No. Users cannot exchange cryptocurrencies using Apple Pay. However, our exchange has a variety of tools and products for trading and exchanging cryptocurrencies if you're interested in doing so. Additionally, the wallet on our exchange enables users to easily manage their cryptocurrency assets.
