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What are the common issues with using Apple Pay for cryptocurrency transactions?

avatarRitchie SalehDec 17, 2021 · 3 years ago3 answers

What are some common problems that users may encounter when using Apple Pay for cryptocurrency transactions?

What are the common issues with using Apple Pay for cryptocurrency transactions?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    One common issue with using Apple Pay for cryptocurrency transactions is the limited number of supported cryptocurrencies. Apple Pay only supports a select few cryptocurrencies, so if you're looking to transact with a less popular or niche cryptocurrency, you may not be able to use Apple Pay. It's important to check the list of supported cryptocurrencies before attempting to use Apple Pay for your transactions.
  • avatarDec 17, 2021 · 3 years ago
    Another issue is the potential for transaction delays. While Apple Pay is generally known for its fast and convenient transactions, when it comes to cryptocurrency transactions, there may be delays in processing. This is because cryptocurrency transactions require verification on the blockchain, which can sometimes take longer than traditional payment methods. It's important to be patient and allow for extra time when using Apple Pay for cryptocurrency transactions.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we've noticed that some users have reported issues with transaction limits when using Apple Pay for cryptocurrency transactions. Apple Pay may have certain limits on the amount of cryptocurrency that can be transacted in a single transaction or within a certain time period. It's important to be aware of these limits and plan your transactions accordingly to avoid any issues.