Converting USDC FAQs

Modified on Tue, 21 May 2024 at 03:31 PM

You can convert your other cryptocurrencies into USDC by heading to your wallet, hovering your cursor over the Wallet button, and clicking Convert. Here are some commonly asked questions about converting USDC:


How does USDC work?

USDC is a centralized stablecoin designed to provide a transparent fiat-to-blockchain solution. Essentially, it functions as a digital representation of the US dollar within the cryptocurrency ecosystem.


Stablecoins like USDC allow users to access decentralized finance easily, offering the advantages of cryptocurrency—such as transparency, lower fees, and faster transaction speeds—while enabling participation in global financial transactions.


What are the fees for converting BTC?

Conversion Type
Fee
All cryptocurrency conversions
0.5%


What are the minimum amounts of USDC I can convert?

USDC to BTC: 1 USDC

USDC to ETH: 5 USDC 

USDC to USDT: 1.006938 USDC


My conversion wasn't successful. What to do? 

Some conversions go through in just a few seconds, so please be patient! If your conversion is successful, you’ll see a reassuring green banner. In case of an unsuccessful conversion, your funds should return to your account within minutes. Once the funds are back, feel free to try the conversion again.

Funds are reserved for conversion or seem lost?

Please create a support ticket and provide us with the transaction ID associated with your conversion. Our support team will investigate promptly.





If you need any assistance from our Support team, do not hesitate to contact us. Check out this article on How to Contact Support.