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Coinbase is integrating Apple Pay into its deposit and withdrawal services

According to developer documentation, US-based crypto exchange Coinbase is integrating Apple Pay into its fiat-to-cryptocurrency deposit and withdrawal service. The product, called Coinbase Onramp, offers a one-click purchase feature designed to reduce the red tape that users have to go through to top up a self-hosted wallet. Using cryptocurrencies often involves "a lot of friction, so users give up," Coinbase said in a statement. Onramp, formerly known as Coinbase Pay, is essentially a Software Development Kit (CDK) and a set of APIs that enable programmers to embed fiat-to-cryptocurrency conversion capabilities into their mobile or web applications and browser extensions.