Excuse me, I'm a bit new to the cryptocurrency world and I'm wondering if it's possible to sell USDC? I've heard that it's a stablecoin pegged to the US dollar, but I'm not sure how the selling process works. Could you please guide me through the steps involved in selling USDC? Is there a specific platform or exchange that I should use? And are there any fees or taxes associated with selling it? I'd really appreciate your help in understanding this process.
7 answers
DigitalLegend
Wed May 15 2024
Absolutely, converting USDC to USD is feasible.
Daniele
Tue May 14 2024
USDC maintains a stable value equivalent to the US Dollar.
Carlo
Tue May 14 2024
However, if you have a Xapo Bank account, you may avoid these fees.
BlockchainMastermind
Tue May 14 2024
BTCC, a UK-based cryptocurrency exchange, offers diverse services.
ShadowFox
Tue May 14 2024
The exchange rate is fixed at 1:1.