USDC to Verse correlation
VERSE and USDC are not correlated to each other as VERSE’s value depends on 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 $1 regardless of the market conditions. Hence, VERSE and USDC do not share a strong relationship.
Live USD Coin Price Change and Market Cap
Currently, the USDC price is 0$. According to the USD Coin price chart, the 24-hour change is 0.00%. The total market capitalization of USD Coin is $0 with 0 USDC in circulation. In the previous 24 hours, the USD Coin price hit highs of 0$ and lows of 0$.
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 $1 all the time. USD Coin price will remain unchanged even in the long run as there is little to no impact of the market conditions on USDC.
USDC to VERSE exchange margin
Considering today’s exchange rate, a transaction of 1 USDC to VERSE would result in an output of 0$.
How to convert USDC to Verse
USDC and Verse 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.
Verse (VERSE) is the native utility token of the Bitcoin.com ecosystem, created to encourage crypto users to self-custody. The project's team believes that providing incentives to ecosystem members will promote the idea of using non-custodial services over centralized exchanges and platforms. The Verse token can be stored and managed in the Bitcoin.com wallet. The token gives benefits to Verse DEX users who provide liquidity for the pools. On the Bitcoin.com News portal, contributors receive compensation in VERSE and advertisers can pay for campaigns with the token for a discount. Last but not least, Bitcoin.com Card users benefit from the VERSE cashback program.
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 $1 per USDC coin.
USDC was issued on the Ethereum network by Circle and Coinbase. Monthly reports on the reserves are published to keep the project transparent and trust-worthy. USDC is mostly used by the users to either enter or exit the cryptocurrency market without any volatility. USDC can also be traded similar to other cryptocurrencies and it also powers cheaper transactions across borders.
USDC to Verse price details
USDC to VERSE Conversion Rate and Price
Currently, the conversion rate for 1 USDC equals to 0$. The 24-hour highest price of USDC in relation to VERSE was 0$ and the lowest was 0$. In short, USDC price in relation to VERSE changed by 0.00%.
Instantly Exchange USDC to VERSE
On ChangeHero you can instantly exchange USDC to Verse without signup. You can easily convert USDC to VERSE in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your USDC to VERSE exchange.
USDC to VERSE Best Rate Exchange
For the Best Rate exchange of USDC to Verse, we search through various exchanges for the USDC to VERSE pair and find the best rate available in the market. We provide you with an estimation of the amount of VERSE 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 VERSE you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of USDC to VERSE.
USDC to VERSE Fixed Rate Conversion
For the Fixed Rate exchange of USDC to Verse, ChangeHero finds a good rate for the pair USDC to VERSE and fixes the rate for up to 15 minutes. In the Fixed Rate exchange of USDC to VERSE, you will receive the exact amount of VERSE 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 mentioned VERSE address. ChangeHero is the best place to exchange USDC to VERSE fast and safely at the best rates.
Frequently asked questions
How long does it take to convert USDC to VERSE?
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 VERSE?
No, you do not require an account to swap USDC to VERSE on ChangeHero. There will be no registrations for your USDC to Verse transaction.
Do I need to go through KYC procedures for USDC to VERSE exchange?
There will be no KYC for the USDC to VERSE 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 VERSE to USDC?
Yes, you can instantly exchange VERSE to USDC on ChangeHero.
