USDC (USD Coin) is a type of cryptocurrency known as a stablecoin, which aims to maintain a stable value by being pegged to the US dollar. This peg is supported by holding equivalent amounts of dollar-denominated assets as reserves, which are regularly audited to ensure transparency and trust in the token's value. This setup makes USDC a popular choice for reducing volatility in crypto transactions and providing a stable digital dollar representation .
How to buy USDC on Monitok?
Seamless steps to get started on USDC trading
Download & install the Monitok App
Navigate to your device's app store and download the Monitok app. Follow instructions for a quick & easy setup.
Create an Account
Open the Monitok app, follow the prompts to create an account and wallet. Secure it by saving the wallet's seed phrase and using a strong password.
Buy USD Coin (USDC)
Get USDC on Arbitrum via deposit from another wallet OR using your credit card. Once your account is set up, you can obtain or deposit USDC to start trading efficiently.
How to buy USDC on Monitok?
Trade across multiple DEXes with a seamless mobile experience on multi-chain.
Hold your assets with confidence using our self-custodial wallet, with built-in account abstraction.
Seamless on/off-ramp transactions with unmatched customer support
Enhance your portfolio's versatility: buy, send, earn & learn.
You can buy USDC directly on the Monitok app with a credit card. Here’s how:
1. Create an account on the app
2. Go to your wallet
3. Click the “Buy” button
4. Follow the steps & input your credit card information
Voila! You just bought USDC with a credit card.
For bank transfers, you can use several on-ramp providers integrated on Monitok. The flow looks more or less similar:
1. Go to your wallet
2. Press the “Buy” button
3. Select the amount you would like to buy
4. Select the “Manual Bank Transfer” payment method
5. Go to your bank account
6. Send money to displayed IBAN with displayed reference code from your bank account
P.S.: It takes up to two days for your assets to be attributed to your account.
Monitok is a self-custodial exchange with price aggregation from 100+ DEXs to bring the best price for your trading. Also, with self-custody, only you have access to your assets, along with you can track all your portfolio from the Monitok mobile app. In addition to that, with our fiat on/off-ramp feature, you don’t need several applications, you can buy/sell all your crypto and fiat on the app.
USDC is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain.
Check out more tokens
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