Look for an exchange that supports both fiat and cryptocurrency to simplify buying USD Coin Avalanche Bridged (USDC.e)

Circle Stable Coin, USD Coin (USDC) Now Available On Avalanche Blockchain :  r/Avax

We recommend the alt coin exchange ZB.COM

  1. Create an account on an exchange.

ZB Group’s flagship platform is ZB.com, a digital asset exchange. The platform launched in early 2013 and has a sizeable trading community. ZB.com differentiates itself through its highly curated listing process and rare launchpad offers. Deep liquidity, low fees and a dashboard featuring professional-grade trading tools are all key components to the ZB.com platform.

  1. Deposit funds into your account.

Deposit funds into your account. Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy MetaRare (MTRA)

This is how to fund your account with a bank transfer, credit or debit card or cryptocurrency from a crypto wallet.

  1. Buy USD Coin Avalanche Bridged (USDC.e)

You’ll need a wallet to store your USD Coin Avalanche Bridged (USDC.e) after you traded on ZB.

What you need to know about USDC Avalanche and Circle

Recently, Circle announced the launch of USD Coin (USDC) and Avalanche (“Avalanche USDC”). The token is specific to the USDC on the Avalanche blockchain.

Circle customers have the option to withdraw USDC native tokens from their accounts in the Circle ecosystem and convert them to fiat currency. These funds can also be deposited back into an account via coins or off-ramp to other blockchain initiatives like those on the Bitcoin network.

USDC is a type of cryptocurrency that can be transferred from the Ethereum blockchain to a different cryptocurrency without needing to use an intermediary. USDC.e is not a native token for USDC, which means that Circle does not support it.

You cannot send USDC.e to a Circle deposit address. To elaborate, Circle cannot accept USDC.e as a fiat currency or deposit USDC.e into a Circle account and back out to fiat currency.

To do off-ramp back to fiat currency with USDC.e tokens, you would need to “unbridge” the USDC.e tokens on the Ethereum blockchain via the Avalanche Bridge after which you would end up with native USDC tokens on Ethereum.

You could deposit your Ethereum USDC in to your Circle Account, off-ramping to fiat as desired and then withdraw from an Avalanche-supported USD account.

The live USD Coin Avalanche Bridged (USDC.e) price today is $1.00 USD with a 24-hour trading volume of $66,528,476 USD. We update our USDC to USD price in real-time. USD Coin Avalanche Bridged (USDC.e) is up 0.57% in the last 24 hours. The current CoinMarketCap ranking is #2835, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,474,216,099 USDC coins.

If you would like to know where to buy USD Coin Avalanche Bridged (USDC.e), the top cryptocurrency exchanges for trading in USD Coin Avalanche Bridged (USDC.e) stock are currently ZB.COMTraderJoeBeethoven XOpenOcean, and Pangolin. You can find others listed on our crypto exchanges page.

What Is USD Coin (USDC)? USD Coin (known by its ticker USDC) is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.

Several use cases have been unveiled for the USD Coin. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

Who Are the Founders of USD Coin? The Centre Consortium has two founding members. One of them is the peer-to-peer payment services company Circle, while the other is the Coinbase cryptocurrency exchange. Other crypto ventures are open to join this consortium.

Explaining the rationale behind USDC, Circle co-founders Jeremy Allaire and Sean Neville wrote: “We believe that an open internet of value exchange can transform and integrate the world more deeply, eventually eliminating artificial economic borders and enabling a more efficient and inclusive global marketplace that connects every person on the planet.”

In 2020, Circle and Coinbase collectively announced a major upgrade to USDC’s protocol and smart contract. The goal of these enhancements is to make it easier for USD Coin to be used for everyday payments, commerce and peer-to-peer transactions.