Dec 2, 2022

Crypto exchange Coinbase says Apple has shut down the ability for users to send NFTs because it can’t collect the 30% in-app fee

Posted by in category: blockchains

Apple’s mobile store can typically charge up to 30% commission on in-app purchases, but gas fees don’t occur within the app. Gas fees, which are the charge a user pays to perform a function on a blockchain, keep its network running. Therefore, you can’t pay for gas fees using Apple’s software.

Apple did not immediately respond to Insider’s request for comment.

“For anyone who understands how NFTs and blockchains work, this is clearly not possible,” Coinbase said. “Apple’s proprietary In-App Purchase system does not support crypto, so we couldn’t comply even if we tried.”

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