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How to buy USD Coin (USDC)

Learn how to buy USD Coin (USDC) on 12+ crypto exchanges in our step-by-step guide.

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You can buy USD Coin (USDC) on a cryptocurrency exchange like Kraken. These specialized marketplaces allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. USDC is a digital stablecoin pegged to the value of the US dollar. Here's how to buy USD Coin.

How to buy USD Coin in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy USD Coin is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit $ using the payment method that best suits you – bank transfer, cryptocurrency, wire transfer and osko payments are widely accepted.
  4. Buy USD Coin
    You can now exchange your funds for USD Coin. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your USD Coin to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy USD Coin

Find an exchange to buy, sell and trade USDC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 5 of 10
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Kraken Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Wire transfer, Osko, SEPA, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD

142
cryptocurrencies

Buy, sell and trade a range of digital currencies on this high-liquidity exchange – suitable for beginners right through to advanced traders.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR

286
cryptocurrencies

Buy 260+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

655
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Bitstamp Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Credit or Debit Card, SEPA, Faster Payments (FPS)
USD, EUR, GBP

70
cryptocurrencies

A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins.
Paybis Cryptocurrency Exchange
Bank transfer, Debit card, Neteller, Credit or Debit Card
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

404
cryptocurrencies

Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Compare up to 4 providers

How do I find the best places to buy USD Coin?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the US to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy USD Coin?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading USD Coin.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing USDC with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy USD Coin with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy USDC with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy USDC on the following exchanges:

Platform
Bank deposit
Card deposit
Crypto deposit
Buy USDC
Go to Kraken Cryptocurrency Exchange
Go to Crypto.com App
Go to KuCoin Cryptocurrency Exchange
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase USDC by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for USDC on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy USD Coin?

The easiest way to buy USDC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying USDC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of USD Coin has been performing recently.

Best USD Coin wallets to store your USDC

You can keep your USDC on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.

Recent USD Coin developments

March 2022: The market cap for USDC topped $50 billion USD for the first time ever.
February 2022: The war between Russia and Ukraine resulted in a significant volume increase for USDC, with 44% of all trades on the Ukranian cryptocurrency exchange comprising either USDC or USDT. This spike was largely due to the economic implications of the invasion negatively affecting the value of Ukranian and Russian fiat currencies.
:
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is USD Coin a good investment?

Although stablecoins by nature are intended to be stable and represent the underlying asset, these tokens are not without their associated risks. Here's what to consider before buying USDC:
  • Collateral: Belief in the stablecoin is highly correlated with the notion that one USDC equates to one US dollar. For every token, Circles claims it holds one US dollar as a reserve. This has previously been verified by auditors. However, if there is any doubt of this in the future, the integrity of the project will be called into question. This was seen with the competing USD stablecoin Tether.
  • Correlation: As the token is directly correlated to the US dollar, any issues with the USD will also affect USDC. Issues might include the de-valuing of the US dollar and relative price differences with other world currencies.
  • Volatility: Although pegged to the US dollar, high market volatility and increased daily volume can cause minor spikes above and below 1 USD.
  • Centralized: The token is backed by a centralized entity and, therefore, arguably goes against the decentralized sentiment of cryptocurrencies. Centre, the controlling organisation, has blacklisted wallet addresses previously.

Additional information about USD Coin can be found using our USDC analysis tools.

Today's USD Coin price versus ATH

Compare today's price of USD Coin ($1.001 USD) against its all-time-high price of $1.17 USD on 08 May 2019. The closer the bar is to 100%, the closer USDC is to reaching its ATH again.

USD Coin's price: $1.001
ATH date: May 08, 2019
85.56%

USD Coin ATH: $1.17


How to trade, convert or sell USD Coin

You can convert or sell your USDC with the same exchange you bought it through:
  1. Sign in to the exchange you have USDC on.
  2. If you store your USD Coin in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of USDC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of USD Coin.
  6. Complete your transaction and move your USDC to a wallet for storage.

Disclaimer: Cryptocurrencies, including USD Coin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of USDC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the USD Coin or any other cryptocurrency discussed.

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