It doesn't matter if you are in Toronto, Montreal, Calgary, or anywhere in between, Ndax gives you all the tools and support to buy and sell USDC in Canada.
USDC is a stablecoin that is always worth $1.00 US. Managed by CENTRE, USDC was built with support from Coinbase and maintains its value by being backed by dollar denominated assets.
While most cryptocurrency prices fluctuate over time, the stability of USDC presents a number of opportunities for those who buy, hold, and use it. For one, having USDC allows you to send money around the globe without going through a financial intermediary like a bank or money transfer company. This can be done at a low cost and within minutes.
Traders buy USDC to minimize their risk when they are not actively trading. Buying USDC with BTC or ETH, for example, means that the value of their assets will remain the same until they convert their USDC back into another currency.
Beyond that, USDC also has use cases for businesses who want to accept digital payments, DeFi, and gaming.
After investing in USDC, the next step is to store your USDC in a secure cryptocurrency wallet. Depending on your own needs, investment amount, and preferences, you can keep your USDC on a trading platform, a physical hardware wallet, or a software wallet.
You are free to transfer your USDC to a private wallet from Ndax. However, if you decide to store your USDC in your Ndax wallet, we have all the security measures in place to keep your USDC safe and secure.
Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device.
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The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:
Start trading on Ndax today. Experience seamless transactions, top-notch security, and unparalleled support.