Buy USD Coin USDC Instantly with Credit Card

how to buy usdc

The exchange rates you’re quoted might sometimes be a little higher than you can find elsewhere (but when I’ve checked, not by much at all). You can then buy USD Coin and other supported cryptocurrencies quickly and easily through their browser interface or mobile app. Department of Treasury, USDC is managed by a consortium called Centre. Circle founded Centre, which has members from the cryptocurrency exchange Coinbase. Buy, sell, send and even spend your crypto with the UK’s favourite cryptocurrency app.

We cannot guarantee the timeliness, accurateness, or completeness of any data or information used in connection with you holding any exposure to cryptocurrencies. We are also registered with the Financial Conduct Authority to offer cryptocurrency services under the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. USD Coin is a stablecoin cryptocurrency that is pegged to how to buy usdc the US dollar. This means that it has many of the great but with the stability of the US dollar. Via an Ethereum-compatible wallet, USDC is designed to let you move dollars to other exchanges, businesses and people. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.

Frequently used banknotes

Once the transaction is finalised, you’re now the proud owner of Tether. So before committing to one to make your Tether purchase, be sure to compare multiple exchanges. On May 12, Tether lost its $1 peg amid the TerraUSD stablecoin crash, dropping as low as $0.9485 before recovering to its intended one-to-one peg with the U.S. dollar. While Tether does experience some bumps here and there, most holders aren’t looking for price appreciation. As the name suggests, the virtue of a stablecoin is stability rather than price gains.

Check out this article to choose the most convenient way to buy cryptocurrencies, including USDC. Buying your US Dollars early will give you the best chance of securing a good price, but the cheapest dollars are usually found online. Coinbase believes this is likely because users outside the US have to pay fees to convert https://www.tokenexus.com/ their local currency into USDC which creates a “barrier to broader international adoption”. Coinbase’s research shows USDC has been more readily adopted in the US, but it is hoping to increase its use throughout the globe. Currently three times more USDC is bought with US dollars versus non-US dollar currencies.

Buy USDC with a debit or credit card

This open more transparency with regards to company wallets, transaction’s and circulating supply. Always available on centralized cryptocurrency lending platforms like Celsius Network and Nexo, and more. Can be purchased through a bank account through Coinbase or directly through the issuer, Circle Ltd. Second largest stable coin by circulating supply and market cap.

How long does it take to get a USDC?

For more information, please see our Bridged USDC Terms. Circle's platform requires 372 confirmations for transactions on Polygon before marking them as complete, which takes ~20 minutes.

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