Is it possible to use an Apple Card to buy digital currencies?
Minal ahmed SheikhJan 12, 2022 · 3 years ago3 answers
Can I use my Apple Card to purchase digital currencies such as Bitcoin or Ethereum?
3 answers
- Jan 12, 2022 · 3 years agoUnfortunately, as of now, Apple Card does not support direct purchases of digital currencies. The Apple Card is primarily designed for use with Apple Pay and traditional payment transactions. However, you can still use your Apple Card to fund your account on a cryptocurrency exchange and then use that balance to buy digital currencies.
- Jan 12, 2022 · 3 years agoNope, sorry! Apple Card doesn't allow you to buy digital currencies directly. You'll need to use another payment method, such as a bank transfer or credit card, to purchase cryptocurrencies. Once you have the digital currencies, you can store them in a digital wallet or trade them on a cryptocurrency exchange.
- Jan 12, 2022 · 3 years agoWhile the Apple Card itself doesn't offer direct support for buying digital currencies, you can use it indirectly. For example, you can link your Apple Card to a payment app that supports cryptocurrency purchases, such as Coinbase or Binance. By using these apps, you can use your Apple Card to fund your account and then buy digital currencies within the app. Just make sure to check if your preferred cryptocurrency exchange or wallet supports Apple Card as a payment method.
Related Tags
Hot Questions
- 80
What is the future of blockchain technology?
- 73
What are the best digital currencies to invest in right now?
- 57
How can I buy Bitcoin with a credit card?
- 53
Are there any special tax rules for crypto investors?
- 52
How does cryptocurrency affect my tax return?
- 42
What are the best practices for reporting cryptocurrency on my taxes?
- 37
What are the tax implications of using cryptocurrency?
- 25
How can I minimize my tax liability when dealing with cryptocurrencies?