If you’re looking for a stable way to enter the cryptocurrency market without worrying about price fluctuations, USDC is an ideal choice. But how can you quickly and securely buy USDC in Vietnam? Let’s walk you through a straightforward buying steps in this article!
What is USDC (USD Coin)?
USDC is a stablecoin, a type of cryptocurrency pegged to a real-world asset, in this case, the US dollar. This means that one USDC token is always equivalent in value to one US dollar. This stability makes USDC a popular choice for those who want to invest in cryptocurrency without the risk of significant price fluctuations.
Unlike other cryptocurrencies like Bitcoin or Ethereum, which can experience large price swings, USDC’s value remains relatively stable. This makes it a more predictable and reliable asset for many investors.
How to buy USDC in Vietnam?
To purchase USDC safely and quickly in Vietnam, please follow these steps:
- Step 1: Access the BitcoinVN exchange.
- Step 2: Under the “You send” section, select VND (Bank Transfer).
- Step 3: Under the “You receive” section, select USDC.
You can choose to trade USDC on a suitable chain based on your needs for transaction speed, fees, etc. In this guide, we will use USDC on Ethereum as an example.
- Step 4: Enter the amount of USDC you want to buy in the right column, then enter your wallet address (please ensure you enter the correct address to avoid losing funds). Finally, select “swap” to proceed with the transaction.
How to store your USDC securely?
Software wallets are easy to use but are less secure than hardware wallets, as they store your private keys on your device. Examples of popular software wallets include Trust Wallet and MetaMask.
Hardware wallets are considered the most secure option, as they store your private keys offline, making it very difficult for hackers to access them. Examples of popular hardware wallets include Ledger and Trezor.
