Are you looking to join a USDC casino and need to know what this cryptocurrency is all about? Hop on to learn the essentials!
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USDC (USD Coin) is a stablecoin with a fixed value of $1.
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Payment method | Stablecoin |
Launched | 2018 |
Available for deposits | Yes |
Available for withdrawals | Yes |
Currencies | USD, BTC, ETH & other cryptocurrencies |
Fees | Yes |
Here, we will take a closer look at what USDC entails and how it works.
Note
VISA allows the use of USDC for payments on its network.
To make payments on a casino site using USDC, you only need to provide your name and crypto wallet details.
Transactions in a USDC casino can involve fees, for instance:
The fees vary based on the crypto casino you're playing at, the wallet you're paying with, the type of transaction you're making, etc.
Deposits with USDC are typically instant, while withdrawals may take up to 30 minutes, on average.
I believe USDC is a safety net that comes in handy when gambling online. Gambling by itself poses a risk; buying volatile cryptocurrencies is one step further, which I don't recommend if you also appreciate having a sense of security.
However, remember that this stablecoin is only as safe as the casino you're playing it. Always choose a secure and licensed USDC casino to play at.
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