Buy USD Coin
with Debit Card

A debit card is a payment card that, unlike a credit card, is directly linked to the customer’s account using the money they have on deposit to pay for their purchase. Debit Card payment methods can be used to buy goods or to use services. Debit cards are accepted at millions of online stores and can be easily added to your digital wallets. Some of the main advantages of offering debit card payment services would be:

• The user never accumulates debt by spending from the debit card because it spends from users’ owned money directly. Therefore, it can help you prevent spending beyond your budget.
• It is safe to use against fraud.
• Debit cards do not have an annual fee.

The USD coin was released in September 2018 as a bridge between dollars and trading on cryptocurrency exchanges. It means USD Coin is equal to USD but in the cryptocurrency world. Therefore, its price is always equal to $1. However, there were sometimes during its history when the price changed a bit, but that wasn’t that much to consider. Anyhow, the USDC price has never been more than $1, and less than $0.99. That shows how stable this coin has been through all these years.
Since the USDC price never changes, you might wonder if it is a good investment. To answer this question, we need to explain how stablecoins are used and invested. They are not considered an investment to get profit, but investors usually buy stablecoins to avoid the volatility of the cryptocurrency market. If the market seems so volatile, traders and investors swap their coins with USDC and keep it stable until they pass the bad days of this market. That’s how they can keep their assets safe from losing their value.

Anyone with a bank account can own a debit card and anyone with a verified debit card and an account on our exchange can enjoy our Debit Card payment service to buy cryptocurrencies. Offering cryptocurrency purchase services using debit cards means more flexible financing for our exchange users.

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.

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.

The transactions paid through the Debit Card payment service are instantaneous, as Debit Card is directly linked to your cash-funded bank account. For that reason, depositing funds and withdrawing money from our exchange also happen instantly when using a debit card payment service as the funds are immediately deducted from your account.

In order to offer more payment options for users to purchase cryptocurrencies simpler, our exchange provides Debit Card as a form of electronic payment service. To use debit card payment on our exchange, you must first log into your account on Blocktrade.com. After doing so, select the digital coin or the crypto token you want to purchase, enter the quantity of cryptocurrency you need to buy, and then choose to charge your account balance using a debit card. Your transaction will take place straight away. 

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.