How to Convert EOS to USDC
If you are looking for an easy way to convert EOS to USDC, then using a crypto exchange such as Rubix is likely to be a good option for you. Rubix is a user-friendly exchange that provides secure, rapid and on-demand conversions between various crypto and fiat currencies, including EOS and USDC. Using Rubix is a fast, easy and convenient method of converting your cryptocurrencies.
About EOS & USDC
What is Eos?
The EOS network was launched in June 2018 to provide a platform on which developers can develop, host, and run business applications. The technology was developed by Block.one. As a part of the launch, an initial coin offering raised over $4 billion and made EOS cryptocurrency tokens available for people to buy, trade and hold. Today, you can trade EOS for a range of other cryptocurrencies or exchange it for fiat currencies such as US dollars. EOS’s main competitor is Ethereum. The goal is for EOS to become faster and handle more transactions per second than the Ethereum network.
What is USD Coin?
USD Coin, also called USDC, is a stablecoin, which means that it is a cryptocurrency whose price is pegged to the value of a fiat currency. A consortium known as Centre manages USDC. Every USDC is backed by a dollar held in reserve or another approved investment, and each USDC is created in response to a user sending US dollars to the coin issuer. The coin is issued to the user, and the US dollars are held in reserve or invested in approved assets. Many people consider USDC to be the safest USD-based stable coin because of the high transparency of its issuing process and the legal framework that surrounds it. USDC was launched in September 2018. It is powered by Ethereum, which means that you can hold it in any Ethereum-compatible wallet.
Convert EOS to USDC using Rubix
When using Rubix, it is quick and easy to perform a conversion between EOS and USDC. Rubix features a built-in tool that allows you to exchange your EOS for USDC and vice versa. Using this tool, you can trade far more than these two currencies: if you want to exchange your EOS for other well-known cryptocurrencies, such as Bitcoin, you can do that too. You can even convert your EOS or USDC into fiat currencies, such as US dollars. The Rubix wallet also allows you to use cryptocurrencies to send money to friends, pay for services or goods, or receive money: it is the only tool you need to manage your crypto assets. Rest assured that robust security features protect your funds while you carry out all of these transactions.