How to Buy USDC on Mercado Bitcoin

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USDC provides users a stable and reliable way to enter the crypto market. The stablecoin, issued by Circle, is fully backed by cash and highly liquid cash-equivalents to maintain a consistent value of $1 USD. This stability makes USDC a great option for those who want to avoid the price volatility of other digital assets, while still taking advantage of blockchain-powered money.

Why buy USDC?

USDC offers a range of practical use cases. Here are some ways you can use USDC:

Send: Send money quickly and affordably with USDC, whether it's for personal peer-to-peer transfers, cross-border remittances, or disaster relief and humanitarian aid. Its ability to facilitate near-instant transactions at lower costs than traditional payment methods make it a viable option for transferring financial value, especially in regions with limited banking access.

Spend: USDC is widely accepted for payments at various merchants, both in-person and on the web. Its stability and integration with different platforms provide a seamless payment experience for consumers and businesses. See, for example, how popular shoe company ASICS leverages Solana Pay to allow customers in over 60 countries to buy shoes with USDC.

Save: USDC provides consumers with a secure way to store digital dollars, without the need for a traditional bank account. Because it’s backed 1:1 with cash and cash equivalents, USDC provides stability for users that hold it. Additionally, its availability on many popular exchanges provides people in over 180 countries with seamless access to dollars.

Trade: USDC plays a vital role in the DeFi ecosystem, serving as a stable medium of exchange for lending, borrowing, and trading digital assets. See how USDC plays an important role in global crypto capital markets.

What is Mercado Bitcoin?

Mercado Bitcoin is a cryptocurrency exchange based in Brazil. It allows users to buy, sell, and trade digital assets including USDC, BTC, ETH, and more. Founded in 2013, Mercado Bitcoin has become one of the largest and most popular platforms for crypto trading in Brazil and Latin America.

Key features:

User-friendly interface: Provides a seamless user experience that makes it easy for beginners and veterans alike to start trading.
Variety of cryptocurrencies: Supports trading of over 200 cryptocurrencies, including USDC.
Security: Includes safeguards against fraud, money laundering, and other security threats to protect the platform and its users.
Wallet services: Offers digital wallets for users to store cryptocurrencies.
Educational resources: Includes information and resources for users to learn about the crypto market, including blog articles, courses, podcasts, videos, and more.

Mercado Bitcoin aims to operate in accordance with local regulations and often emphasizes the importance of compliance in the rapidly evolving cryptocurrency landscape. The platform was created with the idea of democratizing the cryptoeconomy and provides a robust platform to trade and manage digital assets.

Why buy USDC on Mercado Bitcoin?

As a leading cryptocurrency exchange in Brazil, Mercado Bitcoin offers a trusted platform for buying USDC in the local market. Its established presence and focus on serving the Brazilian crypto community makes Mercado Bitcoin a reliable choice for users in the region.

Step-by-step guide to buying USDC on Mercado Bitcoin

Create a Mercado Bitcoin account: Go to the Mercado Bitcoin website and create (or log into) an account. Provide your personal information, including your CPF (Brazilian tax ID), and complete the identity verification process.
Deposit Brazilian reais (BRL): Navigate to the "Deposit" section and choose your preferred deposit method. Mercado Bitcoin typically supports bank transfers (TED or DOC) and PIX (instant payment system). Follow the instructions to deposit BRL into your account.
Search for USDC: Use the search bar to find "USDC" or navigate to the "Stablecoins" section. When you find USDC, select the asset to start your order.
Enter order details: Select the USDC trading pair that corresponds to your chosen fiat currency. Enter the amount you want to spend on USDC or the amount of USDC you want to buy. Once everything looks right, select “Comprar.”
Confirm the order: Review the order details, including the exchange rate and any fees. Confirm the order to complete your USDC purchase. Once the transaction processes, your USDC will appear in your Mercado Bitcoin account.

Storing and using USDC on Mercado Bitcoin

Mercado Bitcoin offers a secure wallet to store your USDC. You can keep your USDC within your account for trading or you can withdraw it to another wallet. The exchange may also provide integrations with DeFi platforms in the future to expand the utility of your USDC.

Mercado Bitcoin fees and considerations

Mercado Bitcoin charges a trading fee for buying USDC, which is added in as a percentage of the total transaction cost. Deposit and withdrawal fees may also apply depending on the method used (e.g., credit card, bank account, etc.). Review Mercado Bitcoin's fee table to understand the costs associated with your USDC purchase.

Buying USDC on Mercado Bitcoin

Mercado Bitcoin provides a trusted platform for Brazilian users to purchase USDC and participate in the growing crypto market. By following the steps outlined, you can easily acquire USDC on Mercado Bitcoin and leverage its stability and utility within the Brazilian crypto ecosystem. To buy USDC on Mercado Bitcoin, sign up today.

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:

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