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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.
Updated May 11, 2023, 4:13 p.m. Published Sep 22, 2021, 6:29 a.m.
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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.
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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
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