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Anonymous
What is the best way to buy USDC?
Hi, I would like to invest in stable coin (USDC) and earn interest through Hodlnaut but not sure how. How to buy USDC and which platform provide the cheapest fee?
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Nightix
14 Jan 2022
Founder at Write and Love
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Actually the best way FOC is through FTX blockfolio. You deposit USD in, they turn it into USDC for you. After which, is also free transfer to Hodlnaut.
1) Have some USD with you in your bank account
2) Transfer into FTX blockfolio (mobile app, not FTX Pro, that's their main exchange)
3) Should receive funds in < 3days.
4) Withdraw funds in USDC to Hodlnaut (FOC)
5) Enjoy 12% earn!
If you buy USDC on Gemini, you need to pay 0.35% on your USD:USDC purchase. Save the money buddy, go FTX.
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Like what others have mentioned, Gemini is the easiest way to buy USDC, the trading fee is 0.25% if ...
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Going through FTX would be advisable as they have one of the lowest fees and better user interface