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Author: Admin | 2025-04-27
Charges an extra 1% of the total transaction value on top of this. Pros and cons of buying crypto using Apple Pay on BitPayProsConsConvenient and user friendlyID process for larger paymentsTransparent fee structureLack of crypto options; many competitors offer a wider range of assetsMetaMask is a non-custodial cryptocurrency wallet that was founded back in 2016. It allows its users to interact with the Ethereum network and dozens of other blockchains via its browser extension or mobile application.The wallet gained significant traction in 2020 as interest in decentralized finance (DeFi) spiked. MetaMask users can easily interact with DeFi applications across numerous blockchains using the wallet. Thus, the wallet is often referred to as one of the market’s leading “web3” wallets. MetaMask wallet users can also use the platform to buy, send, receive, and swap cryptocurrencies.How to buy crypto using Apple Pay on MetaMask1) Open the MetaMask wallet application on your iPhone. Click on the “Buy” button. 2) Select Apple Pay as your payment method. Now press “Continue to amount.” 3) Select the cryptocurrency you want to buy and the fiat currency with which you want to buy it. Then, enter the amount you would like to purchase. Now press “Get quotes.” 4) MetaMask will now fetch cryptocurrency exchange rate quotes. 5) You will be presented with a selection of exchange rates and fees from different MetaMask partners. Select your preferred quote from one of MetaMask’s partners. You will be taken to a portal to complete the transaction using Apple Pay. MetaMask charges & feesMetaMask has integrations with Coinbase, Transak, Moonpay, and Wyre for buying crypto directly in-platform. Users are able to buy crypto using Apple Pay with all four. Fees will vary depending on which MetaMask partner users opt to purchase with. MetaMask charges a 0.875% fee on all cryptocurrency swaps. Pros and cons of buying crypto using Apple Pay on MetaMaskProsConsUser friendly: Easy to set up and manageDoes not support Bitcoin (although users could convert their BTC to wrapped Bitcoin, an ERC-20 token compatible with the Ethereum blockchain)The wallet supports multiple blockchains beyond Ethereum, including Binance’s BNB network, Polygon, Avalanche, and more.Third party KYC requirements: MetaMask does not ask for any personal information to set up an account. However, if you want to purchase crypto via the MetaMask platform through one of MetaMask’s partners, such as MoonPay or Wyre, you must provide some personal information. High fees and limited customer
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