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Kraken’s App Adds Support for Apple, Google Pay
The move is designed to make it easier to buy spot crypto via the exchange’s app.
Kraken users can now buy cryptocurrencies on its app using Apple and Google Pay.
The app will automatically connect to a user’s existing Apple Pay or Google Pay account, according to a blog post on Wednesday.
STORY CONTINUES BELOW
Earlier, users had to copy and paste deposit details from their internet banking app. Kraken Managing Director for Australia Jonathon Miller told CoinDesk the move is an attempt to make the user experience more “seamless.”
“The integration of payment methods like Apple Pay and Google Pay is key to making our platform more accessible to everyone,” said Miller. “This simplifies the purchasing process and brings the payment methods that people are used to using in their everyday life to the crypto experience.”
Earlier this year, Kraken more than doubled the number of trading pairs available to customers using pounds and the Australian dollar as part of a major expansion.
Kraken’s app has a minimum purchase requirement of $10 and a maximum purchase limit of $7,500 during a seven-day rolling period.
Read more: Kraken to No Longer Offer Margin Trading for US Investors Who Don’t Meet ‘Certain’ Requirements
Sebastian Sinclair
Sebastian Sinclair is the market and news reporter for CoinDesk operating in the South East Asia timezone. He has experience trading in the cryptocurrency markets, providing technical analysis and covering news developments affecting the movements on bitcoin and the industry as a whole. He currently holds no cryptocurrencies.
