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Live USDC/INR Price
₹97.68
0.56%
Price Changes
₹0.55
0.57%
24h Low
₹97.05
24h High
₹98.91
• It is one of the Top 10 cryptocurrencies by market cap.
• It is available as Ethereum ERC-20, Algorand ASA, Solana SPL, and TRON TRC-20 tokens.
• It is open-source and allows anyone to look for its code.
• It has a circulating supply of more than 27 billion USDC coins while there is no cap on the maximum supply.
USD Coin was launched in September 2018 and is regulated by the Centre Consortium founded by Circle.
It is a stablecoin that is pegged 1:1 with the US Dollar and runs on a variety of blockchains. It is backed up by real-world assets that make it a real go-to cryptocurrency. Unlike Bitcoin and Litecoin that have volatile prices, USDC aims to keep its price stable and acts as a disruptive crypto in the DeFi space. It is also accepted in a large number of exchanges and Decentralized Applications.
• All USDC coins are backed up by a percentage of cash reserves and US Treasury bonds.
• Being a stablecoin, USDC allows relief to investors and traders as they do not have to fear volatility anymore.
• It is acceptable in a large number of stores, both online and offline.
Highlight
USD Coin is a stablecoin that is pegged 1:1 with the US Dollar and runs on a variety of blockchains. It is backed up by real-world assets that make it a real go-to cryptocurrency.
USDC Price Today
USDC Price
₹97.68
Price Change 24h
0.56%
Price Change 7d
2.42%
Market Rank
#6
Market Cap
₹7,33,595 Cr.
Trade Vol 24h
₹1,55,981 Cr
Circulating Supply
₹7,653 Cr. USDC
Trading Activity
32% Buy68% Sell
1. How Can I Buy USD Coins In India?
CoinSwitch App is the simplest way to buy USD Coin in India. Sign up now and start investing with ₹100
2. Can I Buy USD Coins Directly?
USD Coins could also be bought directly through Peer to Peer (P2P) trade. There is always an
option to buy from a decentralized exchange (DEX) or from anyone who already possesses the crypto. But the problem that arises in going through this route is the complex
functionality of these exchanges and also to find a trustworthy seller who can provide you USDC. Therefore, this route is mostly taken by the Pro traders.
For an easy and simplified experience, you can Download the CoinSwitch App!
3. How to Buy USD Coin?
You can buy USD Coin in just 4 steps on CoinSwitch:
• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select USD Coin.
• Click on the ‘Buy’ button.
• Enter the amount that you would like to buy USD Coin for, say ₹100, and click on the ‘Preview Buy button
• Check all the details of your order and proceed by clicking ‘Buy‘.
Congratulations, you just bought your first USD Coin!
4. What Price To Buy USD Coin (USDC)?
The cryptos are in the development stage, where the updates are pushed at a relatively faster rate. This could possibly increase the price of USD Coin, and you would be left with regret for not buying it.
Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in USD Coin for as low as ₹100
5. What Time To Buy USD Coins?
There is no available answer for starting your investments because the value increases over time.
If you look for the opportunity to buy at lower prices, you may be missing the opportunity of gaining returns around this time. It’s always better to start investing from Day 1.
Start with small amounts and use them over a period of time; however, you can always choose to invest a lump sum amount when USD Coin (USDC) is available at an undervalued price.
6. What Platform To Buy USD Coins (USDC)?
There are too many platforms available on the Internet for buying USD Coins, but the only difference is the experience and interface that allow for easy investments in the long run.
The crypto apps that are available in the market are complex to use and can make your buying experience horrible; however, CoinSwitch provides complete peace of mind by allowing you to buy cryptos with ease.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.