Coinbase lets you buy and sell USDC stablecoin

TechCrunch | 10/23/2018 | Staff
samtetley (Posted by) Level 3
Click For Photo: https://techcrunch.com/wp-content/uploads/2016/07/gettyimages-97971117.jpg?w=533




A few weeks after Circle announced the launch of USD Coin (or USDC for short), Coinbase also announced that customers can now buy, sell, send and receive USDC on Coinbase. A USDC is a token that is worth exactly 1 USD. Its value is going to stay stable against USD — hence the name stablecoin for this type of coins.

Unlike traditional cryptocurrencies, you can be sure that the value of your USDC wallet isn’t going to fluctuate like crazy. It opens up new possibilities and use cases.

Coinbase - USD - Coinbase - Account - Somebody

While Coinbase lets you hold USD in your Coinbase account, this isn’t safe. If somebody hacks into your account, you could end up with an empty wallet. That’s why you should always try to control the keys of your wallet and transfer your coins to a safer wallet, such as a...
(Excerpt) Read more at: TechCrunch
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!