Apple is not going to create cryptos like Facebook, but it does not stay out of the cryptosphere. Apple Pay makes its debut on Lumi. Users of the latter have an additional payment method to purchase crypto.
Low ceilings for Apple users
The multi-crypto wallet Lumi which makes it possible to buy, store and exchange cryptocurrency, added Apple Pay to the list of its means of payment.
Since December 11, 2020, with the release of the latest version of the app, this payment option is available for users of ’Apple.
The process of buying cryptocurrency is even simpler since it does not require KYC verification, for those who already have an account with theApple Pay wallet.
The daily and weekly limits are quite low. For US citizens, they are set at $ 500 per day; the annual limit is $ 5,000. For non-US citizens, the weekly and daily limits are $ 1,000; the annual limit is $ 7,500.
Simplicity, functionality, efficiency
According to the statements of the team of Lumi, the integration of multiple payment methods into the wallet, responds to the company’s strategy to improve the ease of use of the application.
CEO of Lumi, Diana furman, said the company’s goal is to make an application as user-friendly as possible, tailored to individual needs.
In the absence of a one-size-fits-all solution, the wallet interface is designed so that users can choose from a wide range of functions.
Founded in 2017, Lumi is a non-private, open-source wallet with Android, iOS and web versions. It combines a high level of security and complete anonymity with a simple interface.
The most common cryptocurrencies on the market are available on the wallet – Bitcoin (BTC), Ether (ETH), Tether (USDT), DAI, etc. – as well as more than 1,200 tokens ERC-20.
The integration of Apple Pay into Lumi is a further step in increasing the adoption of cryptocurrencies. Apple Pay does not follow the path of PayPal which could explode the adoption of Bitcoin but, it improves the user experience offered by Lumi and makes the purchase of cryptos even easier for wallet users accustomed to this means of payment. . Apple has simplicity in its DNA, Lumi is also positioned on this axis: an apple inspired Newton, another aura inspired Diana Furman and her team?
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