USD Coin (USDC) FAQs

What is USD Coin (USDC)?

USDC is a stablecoin that keeps its value around the 1 USD mark. Although its rate can fluctuate a bit, it maintains a 1:1 representation of the US Dollar on the Ethereum blockchain.

For more information about USDC, you can visit their website.

Who can trade USD Coin (USDC) on the marketplace?

All users can trade and convert USDC with a verified email address, Name, and Date of birth.

How to convert USD Coin (USDC)?

All users can convert USDC with a verified email address, Name, and Date of birth.

For more information about USDC conversion, visit Converting USDC FAQs.

What are the fees for converting USD Coin (USDC)?

For a full breakdown of USDC fees, check out this article.

Can my USD Coin (USDC) transaction be canceled or reversed?

Unfortunately, USDC transactions can’t be canceled or reversed. For more information, check out our Can My Cryptocurrency Transaction Be Cancelled or Reversed? article.

What is the minimum USD Coin (USDC) amount I can sell, buy, or convert?

Currently, the smallest amount of USDC you buy or sell is $10 equivalent.

Minimum amounts of USDC you can convert:

USDC to BTC: 1 USDC
USDC to ETH: 5 USDC
USDC to USDT: 1 USDT equivalent

How can I buy or sell USD Coin (USDC)?

Head over to the buy and sell pages to see a list of the current USDC offers.

However, depending on your country, you may need to verify your ID to sell USDC.

You can also convert your BTC, ETH and USDT into USDC in your Wallet. Check out this article for more information.

How do I get my USD Coin (USDC) wallet address?

Head to your Wallet and click on Receive under USD Coin to get your USDC ERC-20 address.

What networks are supported for USD Coin (USDC) deposits?

For more information please check our Supported Tokens and Networks article.

What’s the difference between USDC and USDT?

USDC and USDT are functionally the same in concept. However, where they differ is in the companies that issue the coins.

USDT is an older and therefore more popular stablecoin but some believe that USDC is a more transparent one since its reserves are regularly reviewed by the US Securities and Exchange Commission (SEC).