How to Buy USDC on Kraken

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USDC is a popular stablecoin that offers a reliable way to transact locally and globally. Issued by Circle, a leading digital asset and financial services company, this digital currency’s value is pegged to the US dollar and fully backed by cash and highly liquid cash equivalents such as short-term US treasuries. This reliability and stability make USDC a great choice for those who want to engage with both traditional financial services as well as digital assets without the price fluctuations seen often seen in global markets.

This guide will demonstrate how to purchase USDC on Kraken, a leading exchange often recognized for its robust security measures.

Why buy USDC?

USDC is a versatile digital dollar with a wide range of ways you can use it:

Send USDC: Send money almost instantly and for fractions of a penny, whether it’s across borders or to friends and family locally. No bank account required.

Spend USDC: Pay for goods and services online and in person at any of the growing number of merchants accepting USDC around the world. USDC’s stability makes it a convenient payment option for both personal and business transactions.

Save USDC: USDC provides a stable and accessible way to save money in over 180 countries, whether or not you have access to a bank account.

Trade USDC: USDC offers a stable medium of exchange for those seeking to lend, borrow, trade or invest in the decentralized finance (DeFi) ecosystem. Always do your own research before engaging with any financial services product, service or platform.

Why buy USDC on Kraken?

Kraken is known for its robust security measures and focus on regulatory compliance, making it a well-known and trusted platform for buying USDC. Their commitment to providing a secure trading environment resonates with users who prioritize safety, security, and reliability.

Step-by-step guide to buying USDC on Kraken

Create a Kraken account: Visit Kraken and click "Sign up." Provide your email address, create a secure password, and enter your location details.
Connect a payment method: Click on “Buy Crypto” and select your preferred method. Follow the instructions to link your payment method.
Place your order: In the trading section of the site, select USDC. Double-check all the order details, including the amount, price, and any fees are correct, and complete your purchase.

Storing and using USDC on Kraken

Kraken has a secure storage solution for your USDC within your account. You can leave your USDC on Kraken for trading or withdraw it to a personal wallet for even more control. Kraken also offers integrations with select DeFi platforms, allowing you to use your USDC in DeFi applications.

Kraken fees and considerations

Kraken's fees for buying USDC depend on the trading pair you use and your 30-day trading volume. Higher trading volumes result in lower fees. Deposit and withdrawal fees also apply and vary by method.

You can review Kraken's fee structure and consider factors like trading volume and payment methods to understand the costs involved.

Buying USDC on Kraken

Kraken offers a popular, secure platform for buying USDC, serving both novice and experienced traders. With its strong emphasis on security and compliance, Kraken is a leading exchange with which to acquire USDC and explore the digital assets ecosystem.

Learn how to buy USDC on other leading digital asset platforms

The world’s trusted digital dollar is widely available on top marketplaces around the globe:

Get USDC

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