Buy USDC securely with card or instant bank transfer. Start with as little as $1.
The current USD Coin price is $0.99938 as in the last 24 hours its value has fallen by 0.01%. USD Coin is a stablecoin designed to be pegged to the US dollar. USD Coin ranks number 6 in terms of market capitalization, representing 1.34% of the entire crypto market. USD Coin is a decentralized currency, which means you can buy, sell, and exchange it without having to rely on traditional monetary systems. Stablecoins can be found in the most popular cryptocurrency pairs, making them the widely adopted medium of exchange in the world of digital assets.
Buy BTC with card or instant bank transfer and get up to 0.5% in crypto rewards back..
Start with as little as $1 and go up to $15,000 in just one purchase.
Get the most cost-efficient price across the top 10 crypto exchanges worldwide.
Benefit from a top-tier insurance secured by BitMerchants trusted custodians.
Once you open your bitMerchants account and verify your identity, then you have to:
Click on the “Buy” button on your Dashboard and select the desired asset.
Select the amount you want to buy and choose your payment method.
Preview your transaction details, and confirm the purchase. It's that easy!
Start earning daily compounding interest on your BTC immediately with our Earn on Crypto suite.
Swap any asset for BTC with zero fees and fixed-price execution on BitMerchants Crypto Exchange.
Borrow funds from 2.9% APR without selling your BTC with BitMerchants Instant Crypto Credit Lines.
Spend the value of your Bitcoin without selling it, all while getting up to 2% back in crypto rewards.
Leverage against your BTC to acquire up to 3x more of your desired crypto with the BitMerchants Booster.
Make free, instant BTC transfers to all your friends, family, or colleagues as long as they have a BitMerchants account.
Find answers to all your questions about buying Bitcoin on bitMerchants.
First, you have to verify your identity which only takes a couple of minutes. Once you pass verification, then:
From the Dashboard, tap on the “Add Funds” option and select the “Credit/Debit Card”.
Pick USD Coin and enter how much you would like to spend.
Enter your credit or debit card details.
Confirm your purchase and you’re done! Your funds will instantly appear in your BitMerchants
account.
By making a successful purchase of crypto, your card details are automatically saved so you can select that card for future transactions. There is no limit as to how many cards you add to your account.
You can also choose to complete a purchase with Apple Pay or Google Pay.
You can top up USD, EUR, or GBP from your local bank via a secure bank transfer. EUR and GBP transfers are instant, while USD wires generally take up to 2 business days to be reflected in your account.
Once your funds arrive, simply go to the Exchange tab inside the BitMerchants app and swap them for the amount of USDC you want.
BitMerchants allows you to buy as little as $1 worth of USDC. This stablecoin is pegged to the price of the US dollar and it’s possible to own less than one USDC. For example, 0.54 holdings of USDC, given that the peg remains stable, would be valued at $0.54 cents.
Users take many variables into consideration when deciding how much USD Coin to buy. Supply, demand, availability, competing cryptocurrencies, and investor sentiment are key indicators of USDC’s utility.
As USDC is pegged to the US dollar, questions such as “When is the right time to buy USD Coin?” and “Is it too late to buy USD Coin?” should be answered by first acknowledging the fact that investors usually don’t expect the price of stablecoins to appreciate.
To earn instant crypto rewards, make sure the ratio of BitMerchants Tokens in your account against the rest of your portfolio is at least 1%. The rewards you get depend on your Loyalty tier – the higher your Loyalty tier is, the more rewards you’ll get.
If you want to get the maximum reward rate of 0.5%, join the Platinum Loyalty tier by maintaining the ratio between BitMerchants Tokens against the rest of your portfolio at 10% or more.
Example
Let’s say you stay within BitMerchants Platinum Loyalty tier and you buy $5,000 worth of USDC via the BitMerchants Exchange. That means you’ll get $25 worth of USDC in instant cashback:
$5,000*0.5% = $25 in USDC
To find out the exact cashback rates for each tier, visit our Help Center.
Note: The total crypto rewards paid are limited up to $100,000 in exchange volume per month. That means you’ll get rewarded until your total monthly amount of swaps reaches $100,000. That limit resets back to $0 on the 1st day of each month.
You start earning interest automatically the next day after you add USD Coin to your BitMerchants app. If you want to increase the amount of interest you earn by up to 2% you can opt to receive your interest in BitMerchants
Buying and owning stablecoins is not taxable. However, selling or exchanging USDC must be reported on your taxes, even if you had no gain or loss. You can avoid taxable events while doing more than simply HODLing your USDC with the BitMerchants Card. It allows you to spend on everyday purchases while using your crypto as security for repayment, instead of selling it.
The security of the assets in your BitMerchants Account is guaranteed by our industry-renowned custodians and the leading authorities in compliance and includes:
Insurance from our custody partners via Lloyd’s of London and Marsh & Arch.
The finest custody solutions in the blockchain space, provided by SOC 2 Type 2 certified Fireblocks, Ledger Vault, and other partners.
Military-grade 256-bit encryption and fraud monitoring mechanisms, guaranteeing the safety of your funds.
ISO/IEC 27001:2013 accredited information security management systems.
You can learn more about our security and insurance here.
Buy, earn, swap and borrow against your USDC instantly and securely on BitMerchants
All or part of the BitMerchants Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the BitMerchants Platform and in the relevant general terms and conditions.
Copyright 2024 BitMerchants. All rights reserved.
All or part of the BitMerchants Services, some features thereof, or some Digital Assets, are not available in certain jurisdictions, including where restrictions or limitations may apply, as indicated on the BitMerchants Platform and in the relevant general terms and conditions.
Copyright 2024 BitMerchants. All rights reserved.
