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How & Where to Buy USD Coin A Step-by-Step Guide to Buying USDC

  1. Sign up at Gemini, the #1 rated USDC exchange.
  2. Fund your account with cash or crypto.
  3. Buy USD CoinUSDC
  1. STEP 1Find the Best USDC Exchange
    • 1486429286
      Ease of use
      Very Easy
      Time to 1st Buy
      10 min
      24h Volume

      Founded by the Winklevoss twins, who also conceived Facebook, Gemini is an ultra-convenient and incredibly legitimate platform that has gone through every level of financial scrutiny possible to be the most reliable cryptocurrency exchange in the US. Truly too legit to quit, this is one of the few exchanges where your funds are actually insured in case of theft. USD-only features most of the well-known cryptocurrencies.

    • logo
      Ease of use
      Time to 1st Buy
      24 hrs
      24h Volume

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states, including New York & Texas.

    • kraken exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume

      A decade of security, honesty, and transparency has given San Francisco’s Kraken an impressive reputation and helped it become the fourth-largest cryptocurrency exchange in the business. The brokerage service offered by Kraken has more coins to buy and sell directly with cash than most of their competitors. In addition, debit and credit card purchases are permitted with comparably low fees. Well-suited for beginners and those who want to buy and hold coins long-term.

    • Crypto Exchange
      Ease of use
      Very Easy
      Time to 1st Buy
      24h Volume

      British cryptocurrency exchange CEX.IO proves that good things come in small packages, with the lowest credit and debit card fees, and one of the best off-ramp processes in the industry. Deposit fees in GBP are given a 50% discount, making them ultra-appealing to UK traders. Founded in 2013, with over 4m registered accounts. Recently branched out to the US.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    Go to Gemini and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase USD Coin USD CoinUSDC quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy USDC with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for USDC.

Frequently Asked Questions About Buying & Selling USD Coin (USDC)

How do I Buy USDC with Crypto?

If you want to buy USDC with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Gemini and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Gemini.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell USD Coin (USDC)?

To sell USDC, simply reverse the buying process described above. You will likely need to trade your USD CoinUSDC into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

USD Coin Research Center

USD Coin Technical Details & Statistics

  • Market Rank4
  • Market Cap52,190,630,304
  • Circulating Supply52,172,365,709
  • Total Supply52,172,365,709 USDC
Yesterday's Trading
  • 24 HR Volume5,500,557,487 USD
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  • Yesterday's Change---
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What is USD Coin?

USDCoin (USDC) is a US dollar-pegged stablecoin that was developed by Circle and Centre. Individuals and institutions can enroll in the USDCoin service to deposit US dollars from bank accounts, convert their dollars into a cryptocurrency token that is usable anywhere reached by the internet (though subject to the token’s compliance controls), and redeem their USDC tokens as cash outs to their bank account. USDC is an ERC20 token, meaning it enjoys the speed and security of the Ethereum Network, as well as its tremendous popularity and user base.

Below is a video from Dec. 7, 2018 – which was produced by Coinbase to explain what a stablecoin is – and the benefits of USDC. We’re posting this video to help anyone who isn’t already familiar with stablecoins or USDC.

History of USD Coin

USDC, introduced by Centre and Circle was initially sponsored by Coinbase, and is currently the fastest growing stablecoin ever to be released, thanks to the large size and prominence of its corporate backers. Circle, which opened 5 years ago, is a company based on bringing cryptocurrency to mainstream finances, and part of this process was the introduction of tokenized fiat currency, which is manifested in USDCoin. It has partnerships with a number of recognized crypto institutions and exchanges, such as OKEx, Ledger, Kyber, Trust Wallet and DigiFinex. Launched in October 2018, USDC is the fastest growing stablecoin to ever be released, surpassing the $100 million market cap within 3 weeks after its launch.

How USD Coin Works

USDC is the latest of stablecoins to be released as a result of Tether scaling back operations and thereby adding room for competition. Unlike Tether, USDCoin goes to great lengths to be transparent and demonstrate proper management of the funds which back it. USDC is backed by dollars at a 1 to 1 ration, and reserves are kept by regulated and licensed financial institutions that are required to regularly report USD reserve holdings and undergo audits, also making such information available upon request. Anybody can readily cash in and out of USDC, which can be used to purchase any number of cryptocurrencies.

Why Should I Buy USD Coin?

As a stablecoin, USDC offers several advantages to its competitors, including:

Institutional backing. USDCoin was conceived and is managed by top-tier cryptocurrency corporations with combined decades of experience in the industry. It has the support of several large financial institutions and is considered to be highly trustworthy.

Readily auditable. USDC makes the results of its audits available to the public, meaning they can be inspected by anybody at any time.

Ethereum based. As an ERC20 compliant token, USDC enjoys the stability, speed and security of the Ethereum blockchain, as well as its tremendous popularity, making it easy to exchange for any other ERC20 token and quite a number of other cryptocurrencies as well.

Fully licensed. Under Circle, which is licensed to handle electronic money, USDC also undergoes regular auditing for Anti Money Laundering (AML) and compliance programs that meet the standards of major financial institutions. It is therefore supported by a number of banks who readily accept fiat withdrawals and deposits for the purposes of transacting USDC.

Widely integrated. As the second biggest stablecoin in terms of market capitalization, USDC is already listed on 10 different cryptocurrency exchanges, only a month after launch.