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Buy USD Coin

USDC

$1.53

24H Change
0.00%
24H Volume
$9.0B
Global Rank
#6
Market Cap
$33.9B

USD Coin Price

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About USD Coin (USDC)

The USD coin (USDC) is an Ethereum-based stable coin that is pegged to the price of exactly one US dollar. At any given time, you can redeem one USDC for one USD. The ratio is one to one, it doesn't change. On some platforms, you can stake USDC to earn interest just by holding the coin in your wallet. The USDC is backed by real dollars which further validates the tethered price USDC has.

The coin is governed by Centre, which is a membership-based consortium that sets standards for stablecoins. USDC has rapidly grown the largest stablecoin in the entire globe. Using USDC, you can replace your business’s bank account, build applications, and create USDC-based smart contracts. For every month that goes by, US dollar reserves for USDC are audited by Grant Thorton LLP.

Please note, deposits and withdrawals of USDC are currently unavailable on Swyftx.

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How to Buy USD Coin (USDC) in Australia

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  3. Deposit AUD instantly
  4. Buy USDC

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USD Coin FAQs

  • USD Coin FAQs
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Where is the best place to buy USD Coin?

The best place to buy USD Coin is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade USD Coin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of USD Coin determined?

The price of USD Coin is determined by the forces of supply and demand in the market. Similar to other assets, the price of USD Coin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for USD Coin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy USD Coin with credit card?

Swyftx does not allow you to directly buy USD Coin with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy USD Coin instantly.

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

USDC Buys and Sells

By number of orders

46% Buy
46%
Buys
54%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

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What are Stablecoins?

Stablecoins are a type of cryptocurrency whose value is meant to be less volatile than other coins like Bitcoin or Ethereum. Learn more about how they work and why they are so essential.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.