USDC is a great entry point into the world of stablecoins, offering a reliable and secure digital dollar that is backed by cash and highly liquid cash equivalents, and accepted as payment by a wide variety of merchants. Issued by Circle, USDC’s value stays 1:1 with the US dollar, so USDC can be redeemed for an equal amount of USD. In addition to its stable value, USDC is a useful asset for people outside of the United States to get seamless access to US dollars, and it provides a fast and cost-effective way to send money across borders.
All of these attributes make USDC an appealing option for those looking for a versatile and reliable stablecoin.
Why buy USDC?
USDC offers a range of practical applications. Here's why you might consider acquiring and holding USDC:
Send: Transfer money quickly and affordably with USDC. Because it isn’t restricted by traditional banking infrastructure, USDC can be sent almost instantly at any time of any day. If you want to send USDC to a family member in another country, you can do so at 11pm on a Saturday if you need to, with lower fees than a traditional international bank wire. This makes it perfect for peer-to-peer transactions, global remittances, and humanitarian aid, especially for those in regions with limited banking infrastructure.
Spend: USDC is accepted as payment by merchants across the globe, both online and in stores. Its stability and integration with various platforms, such as Solana Pay, offer convenience for consumers and businesses alike, ensuring a streamlined payment experience. As of today, hundreds of merchants accept USDC payments.
Save: Securely save money with USDC without the need for a traditional bank account. This digital dollar provides easy access to dollar stability for those living in regions with less stable fiat currencies.
Trade: USDC offers a stable and trustworthy digital dollar for the decentralized finance (DeFi) ecosystem. In this space, USDC is often used by many for lending, borrowing, and trading digital assets. USDC is available on over 100 crypto exchanges and can be traded for a wide variety of other digital currencies.
What is TruBit?
TruBit, established in LATAM in 2020, is a comprehensive global crypto platform built on two core pillars: payments and trading. At its forefront is TruBit Business, delivering cross-border payment solutions that seamlessly integrate fiat and crypto for businesses. For trading, TruBit Pro provides advanced tools for experienced traders, while the TruBit Wallet supports easy conversion and Earn+ features.
Key features of TruBit:
- User-friendly interface: An easy-to-navigate platform suitable for both casual and professional traders.
- Variety of cryptocurrencies: Support for over 40 public blockchains and over 200 trading pairs, including a variety of USDC trading pairs.
- Security measures: Robust security protocols to protect users’ funds and personal information.
- Liquidity: TruBit aims to maintain high liquidity in trading pairs, facilitating easier transactions.
Services offered:
- Spot trading: Real-time buying and selling of cryptocurrencies.
- Staking: Opportunities to earn rewards by staking certain cryptocurrencies on the platform.
- Market analysis tools: Tools and resources for market research and analysis.
- Global payments: Seamless cross-border transactions between the US, Europe, Asia, and Latin America.
- Block trade: A service for large-scale, high-volume crypto transactions offering minimal price impact, competitive rates, and personalized support.
- TruBit card: The TruBit card, powered by Mastercard, lets users make payments with the assets in their TruBit account.
- Educational resources: A crypto glossary, a helpful blog, and a robust trading academy for user education.
TruBit aims to contribute to the growth of the cryptocurrency ecosystem in Latin America by promoting accessibility to digital assets and fostering a community of informed traders and investors.
Why buy USDC on TruBit?
With an emphasis on compliance and user protection, TruBit represents a trustworthy option for those seeking a reliable crypto exchange in Latin America. Additionally, TruBit offers various spot trading pairs for USDC including, but not limited to:
- MMXN/USDC
- ADA/USDC
- AVAX/USDC
- BTC/USDC
- ETH/USDC
- NEAR/USDC
- OP/USDC
- SOL/USDC
Step-by-step guide to buying USDC on TruBit
- Create or log into a TruBit account: Visit the TruBit website and create an account. Provide your personal information and complete the identity verification process as required by TruBit's KYC/AML policies. If you are not located in a country that TruBit currently supports, you will not be able to create an account.
- Fund your account: TruBit supports various funding methods, including bank transfers and other local payment options depending on your country. You may add multiple payment methods that you can use to fund your account. To make a deposit, simply access your wallet and select “Deposit.” From there, select your desired payment method and deposit amount.
- Find and select USDC: On the TruBit platform, navigate to the "USDC" market or find it in the list of available cryptocurrencies.
- Enter purchase details: Specify the amount of fiat currency you want to spend on USDC or the amount of USDC you want to buy. If you choose to enter the amount of local currency you want to convert to USDC, TruBit will automatically perform the conversion for you so you can see the amount of digital dollars you will receive before confirming your purchase.
- Confirm the purchase: Review the transaction details, including the exchange rate and any fees. Confirm the purchase to complete the transaction. Once completed, your USDC will appear in your TruBit account.
Storing and using USDC on TruBit
TruBit offers a built-in secure wallet to store your USDC. You can keep your USDC in your TruBit account for trading or withdraw it to an external, self-custody crypto wallet. Similar to other crypto exchanges, TruBit may offer rewards to users for holding digital assets like USDC on their platform.
TruBit Fees and Considerations
TruBit charges fees for buying and selling USDC, which are typically a percentage of the transaction value. TruBit’s fee calculation formula is: Trading Fee = Amount x Trading Fee Rate. It differentiates fees between large cap and small cap coin pairs, and leverages a maker-taker model. Additionally, TruBit applies distinct fees for the different types of trading it offers, including spot trading, contract trading, and block trade services. For businesses, TruBit Business offers tailored solutions with competitive pricing to facilitate seamless cross-border transactions and large-scale trades. These services are designed to meet the needs of companies and high-volume traders, ensuring efficiency and transparency. For more details, visit: https://www.trubit.com/.
Buying USDC on TruBit
TruBit provides a secure and reliable platform for buying, holding, and trading USDC. By following the steps outlined, you can easily purchase USDC on TruBit and benefit from its stability and growing utility within the Latin American crypto market. To buy USDC on TruBit, sign up for an account 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:
- How to buy USDC on Binance
- How to buy USDC on Bitso
- How to buy USDC on Bitstamp
- How to buy USDC on Bybit
- How to buy USDC on Coinbase
- How to buy USDC on Coinhako
- How to buy USDC on Crypto.com
- How to buy USDC on DolarApp
- How to buy USDC on Kraken
- How to buy USDC on Lemon
- How to buy USDC on Mercado Bitcoin
- How to buy USDC on Moneygram
- How to buy USDC on Nubank
- How to buy USDC on OKX
- How to buy USDC on Ripio
- How to buy USDC on Robinhood
- How to buy USDC on VALR