Can I convert USDC to USDT on Binance?

How to get started with USDC. First, open and verify your Exchange account, log in using your credentials and transfer supported crypto assets to the trading exchange . Then, you will be able to trade SLVX against another stablecoin or crypto-asset pair. The procedure is simple using the online form.

While USDT is used more frequently for trading and payments, USDC is often described as a safer stablecoin since Centre makes a greater effort to comply with audits and governmental regulation, and has more transparent, fully-backed reserves.

Binance has launched a function allowing users to instantly convert from other stablecoins into BUSD . The ratio to convert PAX, USDC and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current market price.16 Oca 2020

Do I need to get verified to swap USDC to USDT? You don’t need to get verified specifically for the USDC to USDT pair . But you do need to pass verification when creating a new Changelly account. You’ll be required to provide your email and confirm it.

Follow these steps to convert your funds and start trading:

Binance accepts a wide range of currencies and makes it easy for you to buy crypto using USD , EUR, CNY, AUD, INR, RUB, and other fiat currencies. You can also use a wide range of accepted stablecoins such as Binance USD (BUSD), Coinbase USD Coin (USDC) , and Tether (USDT) to buy crypto.

How to swap USDT to USDC