How to Buy USD Coin (USDC)
Make your investments work for you: Buy and sell USD Coin and 40+ cryptocurrencies instantly.
How to buy USDC
Just 3 easy steps to start investing in USD Coin
Create your account
Sign up on the website, and verify your account with complete information.
Select a payment
Select whether you want to purchase USDC with PayPal, Google Pay, etc.
Choose USDC, select how much you want to buy, and make your first investment.
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Learn more about USD Coin
What is USD Coin ?
Circle is a financial technology company that created USD Coin with the collaboration of Coinbase. Their main goal was to help people gain more money on the internet and be able to exchange their coins more easily. The USD coin is considered a dollar in people’s digital wallets.
Learn more on USDC official website.
What is USDC ?
USD Coin or USDC is a stablecoin launched in 2018. Every USDC is equal to 1 USD, somehow it is called the digital dollar. Therefore, it is used like dollars to purchase goods or services. This coin is also an ERC-20 coin based on the Ethereum blockchain so that people can easily store it in all Ethereum wallets, like Coinbase. USDC is considered a haven for traders and investors during times when the crypto market is volatile. They can turn their coin into USDC to keep its value equal to USD. Furthermore, USDC is an efficient way of keeping your dollars in your digital wallet. Unlike Bitcoin, USDC is not minable.
Is USD Coin reliable
Since USDC doesn’t have significant volatility, it is considered safe to purchase it to keep your asset stable for a while. Furthermore, this coin is an ERC-20 Ethereum-based coin. Therefore, it is as trusted as all other ERC-20 coins. The only thing you should care about is choosing a safe and secure wallet to keep your coins to avoid any hacks or fraud.
After you've bought USDC
USD Coins can be used to pay for goods or services. It is also tradable on most exchanges. Thus, you can trade your USDC to any other cryptocurrency whenever you want. USDC owners can always exchange it with the dollar and receive cash equal to the number of coins they have. For example, if you have 100 USD coins in your wallet, you can turn them into $100 cash. Furthermore, USDC offers investors safety during times of instability or downturn in the crypto market. Therefore, it is the best option for investors to keep their digital assets stable for a while. Since the price of USDC is always stable, they won’t lose much money. However, you should still read more about it to know if it is the best time to trade your current assets with USDC or buy this coin.
Your entry to the world of crypto
Other Methods of buying USD Coin
Where can I buy USD Coin
If there is any crypto ATM near you, it is possible to buy some coins with these machines and you should check to see whether it sells USD Coin or not. However, the process is not as simple as it seems. Furthermore, the ATM rates are somehow more than other methods.
You can buy USD Coin directly from another person over the web.
Crypto Exchanges are the safest places for buying USD Coin. You can use Blocktrade as a cheap, secure, and global exchange to buy USDC. You don’t need to pay any trading fee while using Blocktrade exchange. Sign up for free, create an account, and purchase USDC with a few clicks.
Blocktrade is available in 100+ countries
How to sell USD Coin
Sign up and verify your Blocktrade account
You’ll need a username, email address and a strong password to sign up on Blocktrade. Then, you'll be guided to verify your account.
Deposit USDC to your Blocktrade account
To sell USD Coin on Blocktrade, generate a deposit address and transfer the desired amount - just as simple as sending it to any USD Coin address.
Start selling USD Coin!
Once you deposited your USD Coin in your Blocktrade deposit address, you’ll be able to sell your USDC.
Frequently asked questions
The USD Coin holders can use their coins to pay for services or goods. Therefore, you can buy different things online. Furthermore, this coin can be used to run smart contracts too.
USD Coin will be available as long as the cryptocurrency world is still alive. Furthermore, since its price is stable and equal to the dollar, it would still be in use in the future.
The cost of buying USD Coin can vary depending on where, how, and when you purchase it. Typically, the price is determined by supply and demand in the cryptocurrency market. The price can also be influenced by market sentiment and news about the cryptocurrency. To find the current price of USDC, you can either log in to our website and see the real-time price or check our USD Coin Calculator to see the price of USD Coin in your desired currency.
The truth is that USD Coin is not as profitable as other cryptocurrencies. The main advantage it has is the stable price. Therefore, you can use this coin to stabilize your digital assets for a while or be able to exchange coins more efficiently.
There are several options to buy USDC such as cryptocurrency exchanges, Peer-to-peer marketplaces, USD Coin brokers, etc. However, cryptocurrency exchanges are among the most popular ways to buy USD Coin for beginners. You can easily buy USD Coin without any buying fees from our exchange.
USD coin is not regarded as an investment. However, people might want to invest in this coin only to exchange it with other coins, or use it as payment. It is very useful if you don’t have a USD bank account and want to purchase something in USD. If the market accepts cryptocurrency, you can use your USDC to purchase goods.
There is no right time to buy USD Coin, as the price is highly volatile and can fluctuate rapidly. Some experts believe that the best time to buy is when the price is low and predicted to rise, while others believe in buying and holding for the long term.
It is always recommended to do your own research, understand the risks, and have a clear investment strategy before buying USD Coin or any other cryptocurrency.