USDC to BTC conversion chart
USDC to BTC correlation
USDC to BTC are not correlated to each other as BTCs value depends on the supply and demand. Whereas, USDC is a stablecoin that is backed by traditional fiat like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, BTC and USDC do not share a strong relationship.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 0.000011 BTC. According to the USD Coin price chart, the 24-hour change is -2.03%. The total market capitalization of USD Coin is $8395 with 8222.64 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 0.00001062 BTC and lows of 0.00001021 BTC.
USD Coin Price Prediction
Unlike most other cryptocurrencies, USD Coin’s value is not influenced by the market supply and demand but regulated through a reserve. USD Coin is a stable coin which is backed by the US Dollar. The peg is in the ratio of 1:1 which keeps the USD Coin price at $1 all the time. USD Coin price will remain unchanged even in the long run as there is little to no impact of the market conditions on USDC.
USDC to BTC exchange margin
The closing conversion rate for USDC to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDC to BTC would result in an output of 0.000011 BTC.
How to convert USD Coin to BTC
USD Coin and Bitcoin comparison
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network. USD coin is backed by the US Dollar to maintain the price of the token at $1. Monthly audits of the collateral are published to ensure transparency.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is USD Coin?
Though Bitcoin is the most valuable cryptocurrency, its volatility poses a barrier for the enthusiasts to enter the crypto market. Stablecoins fix this issue by offering cryptocurrencies that are not volatile and hold consistent value. USD Coin is one such cryptocurrency that is backed by the US Dollar. The peg is at the ratio of 1:1 and the value of 1 USDC will always remain the same which is $1 per USDC coin.
USDC was issued on the Ethereum network by Circle and Coinbase. Monthly reports on the reserves are published to keep the project transparent and trust-worthy. USDC is mostly used by the users to either enter or exit the cryptocurrency market without any volatility. USDC can also be traded similar to other cryptocurrencies and it also powers cheaper transactions across borders.
USD Coin to Bitcoin price details
USDC to BTC Conversion Rate and Price
At the moment, the conversion rate for 1 USDC equals 0.000011 BTC. The 24-hour highest price of USDC in relation to BTC was 0.00001062 BTC and the lowest was 0.00001021 BTC. In short, USDC price in relation to BTC changed by -2.03%.
Instantly Exchange USDC to BTC
On ChangeHero you can instantly exchange USD Coin to Bitcoin without registrations. You can easily convert USDC to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your USDC to BTC exchange.
USDC to BTC Best Rate Exchange
In the Best Rate exchange of USD Coin to Bitcoin, we search through various exchanges for the USDC to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the USDC is deposited, the exchange will be automatically processed. We remind you that the final amount of USDC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to BTC.
USDC to BTC Fixed Rate Conversion
In the Fixed Rate exchange of USD Coin to Bitcoin, ChangeHero finds a good rate for the pair USDC to BTC and fixes the rate for up to 15 minutes. In the Best Rate exchange of USDC to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified BTC address. ChangeHero is the best place to exchange USDC to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDC to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange USDC to BTC?
No, you do not require an account to swap USDC to BTC on ChangeHero. There will be no registrations for your USD Coin to Bitcoin transaction.
Do I need to go through KYC procedures for USDC to BTC exchange?
There will be no KYC for the USDC to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to USDC?
Yes, you can instantly exchange BTC to USDC on ChangeHero.
Buy and sell Bitcoin
Are you looking to buy Bitcoin? Now, on ChangeHero you can buy BTC with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
