How to Buy USDC on the Solana Network: A Simple Guide

Glwadys

Last Update hace 7 días

How to Buy USDC on the Solana Network: A Simple Guide

Buying USD Coin (USDC) on the Solana blockchain can sound complicated, but it's actually pretty straightforward once you know where to go and what steps to follow. This guide will show you how to buy USDC, a stablecoin tied to the US dollar, on the Solana network using popular centralized exchanges.


Choose Where to Buy

First, you need to pick an exchange that offers USDC on the Solana network. Here are some good options:


  • Binance: Offers a wide range of cryptocurrencies, including Solana-based USDC.

  • Coinbase: Great for beginners, very user-friendly.

  • Coincatch: User can trade without KYC (for buying via Fiat & P2P KFC required)

  • ByBit : easy UI

  • Bitstamps

  • Crypto.com simple application.

  • Kraken : easy to use and support USDC on Solana.

  • OKX: simple quick process.

  • Robinhood : well known exchange.

  • Yellowcard simple easy stablecoin buy/transfer.


Set Up and Verify Your Account

Before you can buy anything, you'll need to create an account on the exchange you chose. You’ll be asked for some personal details and will need to verify your identity. This usually involves uploading a photo of your ID.


Add Money to Your Account

Once your account is ready, add some money to it. You can usually do this using a bank transfer, a credit card, or by sending cryptocurrency from another wallet. Each exchange has its own method, so follow the instructions provided.


Buying USDC-SPL

Now you're ready to buy USDC on Solana. Here’s a quick look at how you might do this:


  • On Binance: https://www.binance.com/en/how-to-buy/usd-coin

    • You can directly buy via depit card, just select fiat currency first and then select USDC

    • Or if you already have USDT or other tokens in Binance then - Head to the “Trade” section

    • Find USDC and place your order.

    • Remember to choose Solana as the network when you withdraw.


  • On Coincatch: https://www.coincatch.com/

    • Go to the “Buy Crypto” page.

    • Choose USDT and enter how much you want to buy. (Then the user needs to buy USDC from the Market section)


  • Make sure to select Solana as the network before you withdraw or send.


  • On Coinbase: https://www.coinbase.com/usdc

    • Go to the “Buy/Sell” page.

    • Choose USDC and enter how much you want to buy.

    • Make sure to select Solana as the network before you confirm the purchase.


  • On Bitstamp: https://www.bitstamp.net/

    • Go to the “Buy/Sell” page. Can purchese USDC via fiat.

    • Choose USDC and enter how much you want to buy.

    • Make sure to select Solana as the network before you confirm the purchase.



  • On Crypto.com: https://crypto.com/

    • Go to the “Buy/Sell” page.

    • Choose USDC and enter how much you want to buy.

    • Make sure to select Solana as the network before you confirm the purchase.



To Transfer your USDC, always make sure to select Solana Network.

                
  • Make sure to select Solana as the network before you transfer your USDC.


  • On Robinhood : https://robinhood.com/us/en/crypto/USDC/

    • Deposit: Link a bank or card and deposit fiat (USD).

    • Buy USDC: Find USDC in the crypto section and purchase.

    • Transfer USDC: Go to your USDC, select "Send," enter the recipient's address, confirm, and send.


Transfer USDC to Your Wallet

After buying USDC, you’ll want to move it to a wallet that supports Solana.


Here’s how:


  • General Withdrawal Steps:

    • Go to the withdrawal area on the exchange.

    • Type in your Solana wallet’s address.

    • Select USDC-SPL for the transfer.

    • Check the details and confirm.


Wait for Confirmation

Transfers usually take a few minutes. To see when your USDC arrives, check your Solana wallet or use a blockchain explorer.


Wrap Up

Buying USDC on the Solana network is straightforward. Once you have chosen the right exchange, set up your account, bought USDC, and transferred it to your Solana-compatible wallet, you're ready to take the next step.


Now that you have USDC on the Solana network, you can maximize your experience with SkyTrade. Simply deposit your USDC into your wallet on the Funds page on the SkyTrade platform, and you’re all set to start renting or buying airspace. This is an exciting way to engage with the emerging digital asset space and utilize your USDC effectively. Begin exploring the possibilities today by visiting SkyTrade.


With USDC on Solana and SkyTrade, you're at the forefront of digital finance, leveraging fast transactions and stable digital currency to maximize your investments in airspace.

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