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Personal Finance · head to head

Apple Pay vs Bitstamp

Apple Pay logo

Apple Pay

Personal Finance

The easier way to pay and send money

From
Free
Rated
-
Full reviewWebsite
Bitstamp logo

Bitstamp

Cryptocurrency & Blockchain

The original crypto exchange since 2011

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Apple Pay apple Pay works only in countries and regions that support contactless payments and is not available in all markets; Bitstamp trading fees are higher than some competitors
  • They diverge on capability: Apple Pay covers Digital wallet, Bitstamp covers Spot Trading.

Where they differ

Only the attributes on which Apple Pay and Bitstamp actually diverge.

Attributes where Apple Pay and Bitstamp differ
AttributeApple PayBitstamp
Pricing modelfreefreemium
PlatformsIOS, WatchOS, MacOSWeb, Mobile iOS, Mobile Android
CategoryPersonal FinanceCryptocurrency & Blockchain
Founded20142011

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Apple Pay

  • Digital wallet
  • Secure payments
  • Contactless transactions
  • P2P money transfers
  • Credit cards
  • Debit cards
  • Bank accounts
  • IOS support

Only in Bitstamp

  • Spot Trading
  • Staking
  • Instant Orders
  • API Trading
  • SEPA
  • SWIFT
  • Credit Card
  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Apple Pay

  • Contactless in store payment from iPhone and Apple Watchnot Bitstamp
  • Paying in apps and on the web without entering card detailsnot Bitstamp
  • Sending money between Apple users with Apple Cash and Tap to Cashnot Bitstamp

Bitstamp

  • Exchangesnot Apple Pay
  • Tradingnot Apple Pay
  • Compliancenot Apple Pay

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Apple Pay

  • Apple Pay works only in countries and regions that support contactless payments and is not available in all markets
  • Apple Cash is available only in the 50 United States, the District of Columbia and Puerto Rico
  • Apple Cash Family accounts and Tap to Cash transactions are each capped at 2000 USD within a rolling seven day period
  • Mac support requires a Touch ID equipped model
  • A card works only if the issuing bank supports Apple Pay, and banks may charge their own overseas usage fees

Bitstamp

  • Trading fees are higher than some competitors
  • Limited selection of newer or smaller altcoins compared to larger exchanges
  • Customer service response times can be slow during high-volume periods

Pricing, plan by plan

Apple Pay

Free
  • FreeFree
    • Secure payments
    • P2P transfers
    • Transit passes

Bitstamp

Free
  • StandardFree
    • Spot trading
    • Staking
    • Instant orders

Which should you pick?

Choose Apple Pay if

  • You need digital wallet.
  • You want to start without paying.
  • You work on IOS, WatchOS, MacOS.
  • You also want secure payments.
Apple Pay review

Choose Bitstamp if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Mobile iOS, Mobile Android.
  • You also want staking.
Bitstamp review

Questions people ask

Is Apple Pay or Bitstamp better?
Neither clearly leads. Apple Pay starts at Free and Bitstamp at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Apple Pay or Bitstamp?
Apple Pay starts at Free and Bitstamp at Free.
Does Apple Pay or Bitstamp run on more platforms?
Apple Pay runs on IOS, WatchOS, MacOS. Bitstamp runs on Web, Mobile iOS, Mobile Android.
Can I use Apple Pay for free?
Both have a free tier, so you can try either at no cost before committing.
What is Apple Pay best used for?
Apple Pay is most often used for contactless in store payment from iphone and apple watch, paying in apps and on the web without entering card details, sending money between apple users with apple cash and tap to cash. Of those, contactless in store payment from iphone and apple watch and paying in apps and on the web without entering card details are not what Bitstamp is typically brought in for.
What can Apple Pay do that Bitstamp cannot?
Apple Pay covers Digital wallet, Secure payments, Contactless transactions, P2P money transfers. Bitstamp covers Spot Trading, Staking, Instant Orders, API Trading.

Answered from the vendors’ own pages

Bitstamp: When was Bitstamp founded?

Bitstamp was founded in August 2011 in Slovenia by Nejc Kodrič and Damjan Merlak.

Source
Bitstamp: Where is Bitstamp registered?

Bitstamp is registered in Luxembourg and was recognized by Luxembourg as a virtual currency exchange in 2016.

Source
Bitstamp: How many cryptocurrencies does Bitstamp list?

Bitstamp lists approximately 107 cryptocurrencies with close to 230 spot trading pairs including USD, EUR, GBP, and stablecoin base currencies.

Source
Bitstamp: Who owns Bitstamp?

Bitstamp is owned by Robinhood, which acquired the exchange to expand its cryptocurrency trading capabilities.

Source
Bitstamp: How many customers does Bitstamp have?

Bitstamp is trusted by more than 5 million customers worldwide.

Source
Bitstamp: How does Bitstamp store customer cryptocurrencies?

Bitstamp keeps most client crypto in cold storage for security and offers additional security features including 2FA and withdrawal-address whitelisting.

Source
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Related pages

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