This page provides technical information on how to interact with independent, third-party decentralized exchanges (DEXs). The assets herein are not accessible via the OKX Centralized Exchange, and OKX does not facilitate their trading. Digital assets displayed are automatically generated based on popularity ranking. OKX does not provide investment recommendations and is not responsible for any potential losses.

Discover how to buy USDC

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
USDC
0x7547...b603
$0.9989
-$0.00200 (-0.2%)
4.4
Last updated on --.
Trade USDC

How to buy USDC on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy USDC.
Step one
Get OKX Wallet
Create or import your Web3 wallet using the OKX app or web extension.
Step two
Fund your wallet
Transfer funds to your OKX Wallet. Make sure you’ve got the right network and crypto.
Step three
Start trading
Find the crypto you’re looking for and trade under your preferred trading mode.

What's USDC?

USDC is a type of digital money called a stablecoin. It's like a digital dollar that lives on the internet. USDC is designed to always be worth one US dollar, making it easy to use for buying things online or sending money to friends. It solves the problem of price changes that other cryptocurrencies have, so you know exactly how much it's worth, just like the money in your wallet.

How can I buy USDC?

1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity by providing necessary documents as per U.S. regulations. 3) Fund your account using a bank transfer or credit/debit card. 4) Once your account is funded, search for USDC in the platform. 5) Place a buy order by entering the amount of USDC you want to purchase and confirm the transaction.

Why do people buy USDC?

People buy USDC because it offers stability and ease of use. It's widely accepted in the crypto world for transactions and can be used to send money quickly across borders. USDC is also useful for those who want to keep their money in digital form without worrying about price changes. It's a reliable way to hold digital dollars and participate in the growing digital economy.

Things to know before buying USDC in the United States

In the United States, cryptocurrencies like USDC are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when using platforms like OKX. Be aware that any gains from selling USDC may be subject to capital gains tax. It's important to keep records of your transactions for tax purposes. Always comply with local laws and regulations.

What are other ways to own USDC?

You can obtain USDC without buying it directly through various methods. Some platforms offer airdrops, where you receive free tokens for participating in promotions. Learn-and-Earn programs reward you with USDC for completing educational tasks. You can also earn USDC by providing liquidity in certain crypto pools or through staking rewards. Each method requires different levels of effort and understanding of the risks involved.

How can I store my USDC?

To keep your USDC safe, you can choose between custodial and non-custodial storage. Custodial wallets, like those on OKX, are easy to use but require trust in the platform. Non-custodial wallets give you full control but require you to manage your own security. Hot wallets are convenient for frequent use, while cold wallets offer more security for long-term storage. Always back up your wallet and keep recovery phrases secure to protect against loss or theft.

Why should I buy USDC on OKX?

Learn more about the security measures keeping your USDC safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Why should I buy USDC on OKX?
Secure transactions
OKX DEX is fully on-chain, protecting your wallet and flagging any potential risks.
Cross-chain made easy
OKX DEX’s bridge aggregator lets you easily bridge tokens across networks.
Diverse trade options
OKX DEX offers trading modes tailored for various trading needs.
Why should I buy USDC on OKX?

How to buy crypto FAQ

1. Digital wallet
2. Existing cryptocurrency, such as BTC, ETH, or SOL, to be used as a base currency for swaps.
The phrase "crypto swap" is used to refer to the act of swapping one cryptocurrency for another without using a conventional exchange.
To swap on DEX, you’ll need to:
1. Set up and connect your digital wallet to the DEX you choose
2. Select USDC (USDC) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for USDC (USDC)
4. Execute the transaction
Slippage is the difference between the price a trader expects to pay or receive, and the price they actually pay. It occurs when a market moves as trade is happening. Slippage usually happens during periods of high volatility, and exchange rate changes.
These are tips to consider when choosing a secure wallet for DEX:
• Cold Wallets (Offline): Hardware wallets that are not connected to the internet make them highly secure against hacks.
• Hot Wallets (Online): OKX offers integrated wallets for easy access to your crypto. Ensure they are protected with 2FA and encryption.
• Backup Features: A good wallet allows you to back up your private keys securely.
• User Control: Opt for wallets where you hold your private keys, ensuring full ownership of your crypto.

Disclaimer

This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.

You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.