Celsius Network Adds Apple Pay as a Payment Option for Exchange of Cryptocurrencies

Celsius Network Adds Apple Pay

March 26, 2021

Reading Time: 2 minutes

Industry-leading cryptocurrency lending and borrowing platform Celsius has announced its latest inclusion of popular digital payments app Apple Pay as a payment option for exchanging cryptocurrencies on the platform. Celsius Network customers can now buy Bitcoin, Ethereum, and other cryptocurrencies with Apple Pay.

Celsius Network to Tap into the Advantaged of Popular Digital Payment App

More than half the population of Americans use an Apple smartphone. Apple Pay’s addition will allow enhanced purchase power and frictionless access to leading cryptocurrencies in the market to Celsius Network more than half a million users. Furthermore, the popular digital payment app’s inclusion provides a possibility for Celsius Network to attract more customers to the platform.

At the beginning of March, industry-leading cryptocurrency lending and borrowing platform Celsius Network announced it exceeded the $10 billion mark in terms of total cryptocurrency deposits and $1 billion in total assets. The crypto lender Celsius also gained more than 145,000 new customers. The inclusion of Apple Pay promises more success for Celsius Network moving forward.

Apple Pay guarantees users enhanced security, especially with data breaches and security fraud on the rise. Unlike most other payment options, Apple Pay does not transmit credit card or bank account information to the merchant. With a single click, users can make payments securely without worry about any breaches. The crypto lender Celsius Network is about to tap into all these advantages and provide its customers with the efficiency that is Apple Pay.

Apple Pay Addition Is a Product of Celsius Network and Simplex Partnership

The integration of Apple Pay into Celsius Network is a collaboration between the industry-leading cryptocurrency lending and borrowing platform with Simplex, the fiat/crypto market leader that pioneers global on/off ramps to the entire crypto ecosystem. The partnership between Simplex and crypto lender Celsius Network commenced at the beginning of last year, intending to facilitate direct in-app crypto purchases with credit cards. The popular digital payments app Apple Pay joins credit cards, wire transfer, and other payment solutions that were a product of the Celsius – Simplex collaboration.

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