How to buy Apple products with BTC explained

Cryptocurrency is a digital currency that enables users to buy products and services. Cryptocurrency as an investment model became popular in 2009. Bitcoin became the first crypto token with a global launch to its credit. A safe exchange like Bitcoin System, where your digital assets aren’t in danger of being stolen, is the greatest place to purchase that cryptocurrency.

Cryptocurrencies deploy the concept of decentralized finance and blockchain technology. It means crypto tokens are not pegged to any traditional currency. Anyone who has a digital wallet with a private key can purchase crypto tokens. Due to this working model, many investors used this token as an investment model. Over time, the popularity of cryptos grew. Today, crypto tokens are used like traditional currencies. It allows users to pay in cryptos against any services. Along with El Salvador, many African countries have also come out in favor of crypto payments.

Time and again, many economists have pointed out the lack of regulations in cryptos. Yes, crypto eliminates the role of regulatory agencies to monitor your transactions. Since the risks of these investments are high, many countries are working on it. Major developed countries including the USA, India, and the UK are looking at crypto regulations. Recently the UK and the US government have signed a MoU to bring crypto regulations. This will provide major rights to regulatory agencies to monitor these investments.

With the growing popularity of cryptos, many companies allow crypto payments. Popular banks, multinationals and even the automobile industry accept crypto payments. The latest to add to this list is Apple.

Buying Apple products using Bitcoin

Yes, if you are an Apple user with BTC investment, then here is good news for you.

Apple recently made major announcements on its payment policy. The company has come out in support of accepting BTC tokens while buying Apple products.

Like any other payment model, Apple also requires you to set up your digital wallet first. Other than Bitcoin, Apple has also identified various other cryptos for payment. Hence, before creating your digital wallet you need to understand it. You need to set up the digital wallet depending on the crypto token you would like to pay. To make this clear, if you are planning to purchase an Apple phone using Bitcoin and Mac using Ethereum. Then, you need to set up your digital wallet depending on your need.

Once you have completed setting up the digital wallet you can continue your purchase.

How to buy Apple products using cryptocurrencies

Now that we have understood the fundamentals, let us look at various ways to buy Apple products.

Shop directly from Apple retailers or website

If you are planning to buy an Apple through a retailer, then you can easily do so by logging into the Apple BTCS website. The website currently lists more than 100+ crypto tokens to choose from. Once you have selected the right token you can go ahead and complete the transaction.

Using debit card

If you have been a long-time investor in cryptos, then you might be well aware of crypto debit cards. This is another way to shop for Apple products. You can reach out to any Apple retailer in your locality. Once your purchase is completed, then you can make use of the crypto debit card to make payments. Before using the card, you only need to ensure that your card is loaded with the correct crypto token. For example, if you are buying a Mac using Ethereum, then your card should be loaded with ETH tokens.

Advantages of cryptos in buying Apple products

The advantages of using crypto tokens to buy Apple products are varied. Let us look at a few advantages that you can gain through such purchases.

Crypto has a global market

Yes, unlike traditional currencies crypto tokens are not pegged to any currency. These tokens have a global presence allowing you to use your token anywhere in the world.

Crypto payments are secure

This is a major advantage of the crypto payment system. Cryptocurrencies make use of the blockchain philosophy to complete every user transaction. These chains are secured making it highly impossible to trace any user transaction.

Cryptos taking a centre stage in enabling Apple purchases is a big step. This will allow for other products also to consider this payment scheme.