USDC to BSV conversion chart
USD Coin to Bitcoin SV correlation
BSV and USDC are not correlated to each other as BSV’s value depends on the supply and demand. Whereas, USDC is a stable coin which is backed by traditional fiats like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, BSV and USDC do not share a strong relationship.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 0.02238 BSV. According to the USD Coin price chart, the 24-hour change is 1.91%. The total market capitalization of USD Coin is $283 with 281.93 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 0.02275 BSV and lows of 0.02187 BSV.
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 BSV exchange margin
The closing conversion rate for USDC to BSV yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 USDC to BSV would result in an output of 0.02238 BSV.
How to convert USD Coin to Bitcoin SV
USD Coin and Bitcoin SV 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. It is a cryptocurrency with a more narrow focus than Bitcoin SV.
Bitcoin SV is a relatively new cryptocurrency which was formed after the Bitcoin Cash hard fork in 2018. The team behind Bitcoin SV aims to bring back the Satoshi’s principles of how Bitcoin is supposed to be working. The acronym SV in the name also stands for Satoshi’s Vision. Bitcoin SV is similar to its older cousin, Bitcoin and uses the same Proof-of-Work consensus algorithm and has the same total supply cap. Bitcoin SV recently lifted the block size limits paving way for faster transactions at cheaper fees. Bitcoin SV trades with the ticker BSV and can be traded against other cryptocurrencies. Despite being riddled with controversies, there is strong community support and BSV rose quickly to become one of the most popular cryptocurrencies.
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 SV price details
USDC to BSV Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to 0.02238 BSV. The 24-hour highest price of USD Coin in relation to BSV was 0.02275 BSV and the lowest was 0.02187 BSV. In short, USDC price in relation to BSV changed by 1.91%.
Instantly Exchange USDC to BSV
On ChangeHero you can instantly exchange USD Coin to Bitcoin SV without signup. You can easily convert USDC to BSV in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your USDC to BSV exchange.
USDC to BSV Best Rate Exchange
In the the Best Rate exchange of USD Coin to Bitcoin SV, we search through various exchanges for the USDC to BSV pair and find the best rate available in the market. We provide you with an estimation of the amount of BSV 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 BSV you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to BSV.
USDC to BSV Fixed Rate Conversion
In the the Fixed Rate exchange of USD Coin to Bitcoin SV, ChangeHero finds a good rate for the pair USDC to BSV and fix the rate for up to 15 minutes. In the Best Rate exchange of USDC to BSV, you will receive the exact amount of BSV 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 BSV address. ChangeHero is the best place to exchange USDC to BSV fast and safe at the best rates.
Frequently asked questions
How long does it take to convert USDC to BSV?
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 BSV?
No, you do not require an account to swap USDC to BSV on ChangeHero. There will be no registrations for your USD Coin to Bitcoin SV transaction.
Do I need to go through KYC procedures for USDC to BSV exchange?
There will be no KYC for the USDC to BSV exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BSV to USDC?
Yes, you can instantly exchange BSV to USDC on ChangeHero.