Coinbase is integrating Apple Pay into its deposit and withdrawal services
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2024-12-03 04:32:01 2,959
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Golden Finance reports that according to developer documentation, American crypto exchange Coinbase is integrating Apple Pay into its fiat-to-crypto currency deposit and withdrawal service. The product, called Coinbase Onramp, offers one-click purchasing and is designed to reduce the red tape that users need to go through when funding their self-hosted wallets.
Using cryptocurrencies often involves "a lot of friction, so users give up," Coinbase said in a statement. Onramp, formerly known as Coinbase Pay, is essentially a software development kit (CDK) and a set of APIs that enable programmers to embed fiat-to-crypto conversion functionality into their mobile or web applications and browser extensions.