The application further paves way for investors to buy USD Coin (USDC), Uniswap (UNI), Stably (USDS), Tether (USDT), AAVE, Wrapped Bitcoin (WBTC), Binance (BUSD), Wrapped Ether (WETH), Compound (COMP), Yearn.finance (YFI), DAI, Chainlink (LINK), Basic Attention Token (BAT), Paxos Standard Token (PAX), Curve (CRV), Gemini Dollar (GUSD), Synthetix (SNX), HUSD, Maker (MKR), and Universal Market Access (UMA).
The US based users of Lumi wallet are restricted to $500 worth purchases on a daily basis and $5000 per annum. Notably, purchases are limited to $500 per week. Clients outside the US are allowed to acquire cryptos worth $1,000 per day and up to $7,500 per annum. Weekly purchases are also limited to $1,000 per week.
Even though crypto buying facility is provided to residents of almost all countries where Apple Pay offers its service, there are countries where such a facility is not accessible. This includes Serbia, Vatican City, Macao, Romania, Man of Isles, Taiwan, Montenegro, Liechtenstein, Ukraine, Malta, Monaco, Jersey, Russia, China and Kazakhstan.
Apple Pay has carved a name for itself in the world of mobile payment processing facility, which was introduced in 2014. The platform has a worldwide reach of more than 383 million users as per Statista.
Crypto Wallet Lumi Facilitates Purchase of Bitcoin & Ethereum Using Apple Pay