Scroll down a bit for steps how to buy stablecoin.
What is a stablecoin?
Stablecoins like USD Coin (USDC) bridge the worlds of cryptocurrency and traditional fiat currency because their prices are pegged to a the U.S. dollar. This dramatically reduces volatility compared to something like Bitcoin. This results in a form of digital money that is better suited for every day transactions.
Having an element of stability within money will be essential going forward considering cryptocurrencies have grown exponentially over recent times. Especially when making payments between exchanges and using them for peer-to-peer transactions.
Its also important for making purchases through crypto cards or using them in one’s everyday transactions. Same as a debit card would be used but will continue to grow from strength to strength in popularity as people start tuning into their convenience and stability!
Step by step how to buy stablecoin
1. Decide which stablecoin you would like to purchase for example 1.USD coin 2.Gemini dollar 3.Binance USD
2. Find an exchange that sells your stablecoin and create account.
3. Here are most popular exchanges and their stablecoins , 1.coinbase-USD coin 2.Gemini-Gemini dollar 3.Binance-Binance USD
4. Buy your stablecoin, your done!