FAQs
Let the USDC to ETH converter find an approximate rate for you, just enter the necessary amount of Ethereum you would like to swap. SimpleSwap is an instant easy-to-use crypto exchange free from sign-up that makes it convenient to convert USDC to ETH.
Why can't I swap USDC for ETH on Coinbase Wallet? ›
A swap can fail because of a sudden shift in the exchange price between the cryptocurrencies you're trying to swap. We recommend waiting at least 60 seconds before retrying the transaction.
How do I send USDC to ETH? ›
If you're a Blockchain.com user with USDC in your DeFi Wallet:
- Login to your Blockchain.com App and switch to DeFi mode.
- Click the DEX icon in the bottom banner.
- Select USDC and the amount you'd like to swap.
- Select Ethereum (ETH) as your swap to token.
- Click Preview Swap, review your transaction, and click confirm.
On a web browser
- Sign in to your Coinbase account.
- At the top, click Buy / Sell > Convert.
- There will be a panel with the option to convert one cryptocurrency to another.
- Enter the cash amount of cryptocurrency you would like to convert in your local currency.
- Click Preview Convert.
- Confirm the conversion transaction.
Browser
- Sign in to your Coinbase.com account.
- Select My assets in the navigation bar.
- Select next to your local currency and choose. Cash out.
- Enter the amount of currency you want to cash out. ...
- Select your bank account or PayPal and choose Continue.
- Select Continue and choose Cash out now.
The current value of 1 USDC is $1.00 USD. In other words, to buy 5 USDC, it would cost you $5.00 USD. Inversely, $1.00 USD would allow you to trade for 1.00 USDC while $50.00 USD would convert to 50.00 USDC, not including platform or gas fees.
What Ethereum wallets are supported by USDC? ›
What Ethereum Wallets Support USDC?
- Metamask.
- Ledger.
- Argent.
- Rainbow.
Additionally, USDC can be sent and received by an Ethereum wallet or exchange that is ERC-20 compatible. But USD is not just limited to the Ethereum network: USD Coin is compatible with other major blockchain networks such as Algorand, Solana, Stellar, TRON, and Flow.
Can I swap USDC on MetaMask? ›
Once connected, choose USDC: Write the total number of USDC tokens you want to buy or the total of ETH tokens you want to sell and click on Swap: Confirm Swap if you agree to the price. The MetaMask app will open to confirm directly from the wallet that we want the transaction to follow through.
What is the cheapest way to swap USDC? ›
One of the fastest and cheapest ways to cash out your USDC is with a Xapo Bank account. When you transfer USDC to your Xapo account, it is converted to USD the moment it is received and the USD is immediately available for you to spend or transfer.
USDC is natively supported on Ethereum as an ERC-20 token, on Algorand (ASA token), Solana (SPL token), TRON as a TRC-20 token, and Stellar (native asset).
Is the USDC address the same as the Ethereum address? ›
This is because both USDC and USDT are ERC20 tokens built on the Ethereum blockchain. ERC20 tokens share the same address format and can be stored in the same Ethereum-compatible wallet, such as Metamask.
What is the Ethereum address for the stablecoin USDC? ›
USDC Mainnet Addresses
| Blockchain | USDC Mainnet Address |
|---|
| Ethereum | 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48 |
| Flow | A.b19436aae4d94622.FiatToken |
| Hedera | 0.0.456858 |
| NEAR | 17208628f84f5d6ad33f0da3bbbeb27ffcb398eac501a31bd6ad2011e36133a1 |
13 more rowsSwapping USDC
Coinbase Wallet supports crypto-to-crypto swaps for assets hosted on Ethereum, Base, BNB chain, Avalanche C-Chain, Polygon, and Optimism. You can swap to and from USDC on any of these chains when you need one side of your swap to have a stable hold of value.
Is converting ETH to USDC a taxable event? ›
The IRS treats USDC and other stablecoins just like other cryptocurrencies for tax purposes. Trading them or converting them could trigger capital gains tax obligations.
How to convert USDC polygon to ETH? ›
Choose the exchange pair: USD Coin (Polygon) vs Ethereum, in this case. Enter the address of the recipient to process the USD Coin (Polygon) - Ethereum transaction. Check the rate: how many USDC in Ethereum you'll receive. Confirm the transaction, make the deposit, and you've converted 1 USD Coin (Polygon) to Ethereum!
