Coinbase customers with US dollar accounts may exchange 1 USDC for US$1.00 (and vice versa) on Coinbase in jurisdictions where USDC support is available . Note: Coinbase only supports USDC running on Ethereum (ERC-20).
Read moreHow does USDC work on Coinbase?
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On Coinbase, eligible customers can earn rewards for every USD Coin they hold .
Read moreHow do I withdraw USDC from Coinbase?
From a web browser, select your cash balance under Assets. On the Cash out tab, enter the amount you want to cash out and then click Continue. Choose your cash out destination and then click Continue. Click Cash out now to complete your transfer.
Read moreWhat is the benefit of USDC?
USD Coin (USDC) can provide an easy way to transfer crypto into dollars without the friction typically associated with using real U.S. dollars . The coin can serve as a bridge between the traditional financial system and the blockchain-powered open financial system. USDC can be exchanged back into crypto if desired.
Read moreHow much is USDC worth?
The current price is $1.00 per USDC .
Read moreCan you cash out USDC?
Is there a withdrawal fee? Yes. A 25 USDC non-refundable fee will be applied to every withdrawal .
Read moreHow do you sell a USDC?
Most users who sell USDC do so for Bitcoin (BTC) or Ethereum (ETH). While you unfortunately cannot sell USDC directly on Coinsquare, you can sell it on an altcoin exchange for Bitcoin or Ethereum and then use Coinsquare cash out to fiat currency like Euro or Canadian dollar .
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