Top 22 Crypto Sites Accepting USDC for Deposits

USDC logoUSD Coin (USDC) was launched in 2018 by Circle, and it was the first collateralized stablecoin. But do you know which crypto sites that accept USDC for deposits? Luckily, you are at the right site and you have a top list of the best USDC enabled crypto sites below.

As a stablecoin, USDC maintains a value of $1 at all times, and each coin is backed by a US dollar in a separate bank account. The USD Coin offers the benefits of cryptocurrencies without the risks of price volatility. It is currently the fourth largest cryptocurrency by market cap, after BTC, ETH, and Tether. For that reason, most serious crypto exchanges accept USDC for deposits. Find

There are 21 crypto trading sites supporting USD Coin and 1 crypto casinos which support USD Coin as deposit method as seen in the toplists below.

 

Top 20 sites for buying, selling and trading crypto with USD Coin (USDC)

This is the toplist with the best sites to buy, sell or trade cryptocurrencies through USDC. To learn more why a certain site is ranked the way it is, you can read our review by clicking the review button.

Kraken
Buy bitcoin & crypto from a trusted exchange suitable for almost everyone.
Coinbase Pro
A more complex crypto exchange for advanced users. Generally better exchange rates than the normal Coinbase app.
Gemeni
Buy Bitcoin and crypto instantly with Gemini.
Biswap DEX
The lowest trading fee among Decentralized Exchanges, only 0.1%.

9.43

FTX
Trade With FTX Anywhere & Anytime.
KuCoin
One of the exchanges available in most places around the world, with among the lowest fees and among the best compatibility for transfers between various blockchains.
Local Bitcoins
Buy bitcoin locally, with almost any deposit method. Local Bitcoins make crypto investment easy.
Mdex
A DEX that supports both BSC, ETH and Heco.
mdex.com
DEX

9.11

Crypto.com App
Making crypto trading, staking and investing simple. Directly from an app.
Swissborg
Swissborg offers flexible staking yields, from a crypto platform with European license.
Coinbase App
Buy and sell cryptocurrencies easily. Coinbase App is where you can go.
Bitget
One of the world’s largest cryptocurrency copy trading platforms.
Paxful
Paxful got over 350 different deposit methods in order to get started with crypto investing.
Crypto.com Exchange
Trade over 200 crypto pairs from one of the leading exchanges. They also got their own debit card for all users.
Bithoven
Bithoven support instant transfers, but is not user-friendly.

4.38

Gate
Gate IO can be your gateway to everything related to crypto – with over 1400 cryptocurrencies to trade in a safe, quick and easy manner.
Poloniex
A very professional crypto exchange more targeted to advanced traders. Good reputation and big variety of coins and tokens.
Huobi
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
StormGain
Try a better crypto exchange. Discover StormGain, you too!
DexTrade
Dex Trade allow users buying and selling crypto in a simple way.

8.57

We generally recommend using an exchange or platform with good track record, great reputation and positive feedback from its customers. The better option for you as customer, the better ranking we give them.

 

Top 1 casinos with support for USDC

Cloudbet Casino
CloudBet Casino offers a fantastic range of games & have lots of different crypto deposit options. The easiest method to bet with Bitcoin.
www.cloudbet.com
1900+ games

9.17

Summary

USD Coin is one of the most reputable stablecoins as it offers high levels of transparency. The coin is backed by actual US dollars, so there is no risk of price volatility. At any given time, you can trade USDC at $1. Since it ranks as one of the biggest cryptocurrencies, there are many crypto sites that accept USDC.

Advantages

+Its price is stable. Advantage - logo
+The coin has a lot of liquidity.
+Its backed by Circle’s assets, so users are assured of price stability.
+It runs on Ethereum, one of the largest blockchains.
+USDC is compatible with many blockchains.

Disadvantages

-Regulation of the crypto sector may affect the coin.disadvantage logo
-It doesn’t have the potential for price appreciation.
-Transaction fees may be very high.
-The coin isn’t immune to inflation of the US dollar.
-USDC has to work with a third party.

What is USD Coin (USDC)?

USDC runs on the Ethereum blockchain, so when using it as a funding method, you will have to hold ETH to pay transfer fees. The coin is an open-source protocol, so anyone can use it to make payments. Although USDC ranks lower than Tether, it offers some unique advantages. For example, it is highly transparent as it is audited by the US accounting firm Grant Thorton LLP. This company issues monthly attestations on the reserves backing the coin.

USDC Costs

USDC works on the Ethereum blockchain, and its transfer fees have to be paid in ETH. The charges vary depending on the state of the blockchain, but they average at around $20. You should note that this cryptocurrency is compatible with many other networks, and you can get lower transfer fees on these blockchains. For example, Solana requires a transaction fee of $0.00025.

Transaction speed for USDC

USDC transactions take between 5 and 20 minutes. Since the coin is compatible with many other blockchains, you can lower the transfer speeds by using other networks. For example, Algorand-based USDC transactions can be completed within 5 seconds, and Avalanche-based transfers can take 2 seconds.

USD Coin (USDC) Deposits: How to do it?

1. Add your login details on the crypto exchange site
2. Go to the payment section of the website
3. Select USDC from the list of deposit methods
4. Enter the deposit amount and confirm the transfers
5. Complete the transaction with a verification method

Which are the main countries where USD Coin (USDC) is used?

This funding method is used in many countries around the world, and it is especially popular in states that have high inflation levels. Some places where the coin is used include Costa Rica, the USA, Mexico, and Guatemala. It can’t be used in countries where cryptocurrencies are banned, and these include China and North Korea.

Can you withdraw with USD Coin (USDC)?

Yes, you can make withdrawals using USDC. This coin is extremely popular, so many crypto exchanges accept it as a withdrawal method.

Reputation of USD Coin (USDC)

USDC is among the most reputable stablecoins as it is audited by a trusted firm. It was developed by Coinbase and Circle, two companies that are known for their high ethical standards. On Twitter, Circle has more than 93,000 followers, and most discussions on the stablecoin are held on this social media platform. The main alternative to USDC is Tether.

USD Coin (USDC) FAQ

Below are some of the most frequently asked questions we get about this stablecoin.

Is it safe to use USD Coin (USDC) for cryptocurrencies?
Yes, this stablecoin is extremely safe to use as it is backed by actual assets. However, you need to be careful when making transactions as these cannot be reversed by any organization. Also, avoid clicking links on your email as these may be phishing attempts.

How do I set up USD Coin (USDC)?
To set up USDC, you will have to first get a crypto exchange. You can then purchase USD Coins on crypto exchanges like Binance, and these can then be used to make deposits and withdrawals.

Is USD Coin (USDC) instant?
The transaction speed of USDC depends on the blockchain you use. If you use scalable networks like Solana and Avalanche, the transfers will be completed instantly.

When was USD Coin (USDC) founded?
This cryptocurrency was founded in 2018 by Circle and Coinbase.

Where is the mother company based?
Circle is based in Boston, and Coinbase Global has its main offices in San Francisco.

Does USD Coin (USDC) only work on Apple devices?
You can make crypto deposits with USDC on Apple devices, but this deposit method isn’t just limited to iPhones and iPads. It also works on Android and Windows devices.

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