USD Coin (USDC) is a token issued on the bnb. Through the collective efforts of the USD Coin development team and community members, the number of applications supporting USDC has been gradually increasing, demonstrating significant potential within the crypto industry. More and more people are becoming interested in USD Coin. They wish to invest or purchase USD Coin (USDC), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing USD Coin. Regardless of your location, Bitrue can provide you with a simple and secure way to buy USDC.
Where and how to buy USD Coin
When it comes to purchasing USD Coin (USDC), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy USD Coin in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased USDC will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy USD Coin (USDC) through Bitrue.
Alternative methods to acquire USD Coin
Apart from directly buying USD Coin (USDC), what are the alternative methods to acquire USD Coin ?
Fixed Auto-Investment in USDC
Regularly invest a fixed amount at scheduled intervals in USD Coin (USDC) digital assets, enjoying both short-term returns and long-term benefits.
Staking USDC
Flexible staking of USD Coin (USDC) digital assets to earn interest or high returns in other cryptocurrencies.
Get USD Coin (USDC) for free
If you have enough time, you can obtain USD Coin for free through the following methods:
- Invite friends to join the Bitrue coupon event and earn free USD Coin (USDC).
- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free USD Coin.
- All cryptocurrency airdrops and rewards can be exchanged for USDC through coin-to-coin exchange or spot trading.
How to keep your USD Coin safe and secure
Once you have purchased USD Coin, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store USD Coin and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain USD Coin wallets, you also have the option to store USD Coin (USDC) separately in a personal encrypted wallet. This wallet serves to keep your USD Coin secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your USD Coin, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your USD Coin encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is USD Coin?
USDC (USDC) is a cryptocurrency and operates on the Ethereum platform. USDC has a current supply of 25,780,095,201.474632. The last known price of USDC is 1.00008444 USD and is up -0.00 over the last 24 hours. It is currently trading on 14224 active market(s) with $2,349,289,850.44 traded over the last 24 hours. More information can be found at https://www.centre.io/usdc.
How many USD Coin are there in total?
The total supply of USD Coin is 40,158,313,453 and the Circulating Supply is 40,158,313,453 .
Why are people buying USD Coin?
People buy USD Coin for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, USD Coin serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing USD Coin include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy USD Coin?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase USDC.
Should I buy USD Coin?
Deciding whether to buy USD Coin depends on individual financial goals, risk tolerance, and understanding of the digital asset market. USD Coin investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying USD Coin (USDC) may be a suitable investment choice. However, remember that all investments come with risks.
How much does it cost to buy 10 USDC?
To purchase 10 USDC, the cost in USD would be $9.99.
What are the fees for buying USD Coin?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Google Pay to buy USDC?
Currently, Bitrue does not support purchasing USDC or adding fiat currency using Google Pay.
How to use Paypal to buy USDC?
Currently, Bitrue does not support purchasing USDC or adding fiat currency using Paypal.
What can I do with USD Coin?
You can use USD Coin to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
Disclaimer
Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.