Sell USDC

Sell USD Coin (USDC) on TimeX, a licensed crypto exchange based in Australia. Sell USDC for USD and other cryptocurrencies and tokens. USDC is pegged to $1 and can be used to place limit orders at a given price, or sell at the current price.

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What is USDC?

USD Coin (USDC) is a fiat-backed stablecoin issued by Circle, a major US corporation. Coins are collateralised 1:1, and Circle’s accounts are regularly audited for transparency and to ensure traders that USDC can always be redeemed for US dollars.

How to sell USDC?

Deposit

Deposit funds into your account.

Choose an amount

Enter the amount of USDC (or Australian Dollar equivalent) that you would like to buy or sell.

Confirm

Click ‘Buy' to confirm your USD coin purchase and your USDC will arrive in your TimeX wallet within minutes.

Relax

Open an account

How to buy USD Coin

Users based in Australia can buy USD Coin (USDC) from TimeX in just a few minutes. Simply open an account, complete verification, and deposit funds via bank transfer or a range of other options.

Pros and Cons
Australian Crypto Exchange

TimeX is the decentralised exchange for the ChronoBank ecosystem: a completely secure, easy and convenient way to trade digital tokens and cryptocurrencies on a peer-to-peer basis.

USDC is a fully regulated, compliant, fiat-backed stablecoin.

The company holds and publishes regular audits of its dollar reserves, conducted by third parties.

USDC is issued by Circle, a large and well-established US-based fintech company.

USDC is the second most popular stablecoin, with high liquidity.

USDC is supported by fewer exchanges and applications than USDT.

The company behind USDC can blacklist addresses to stop them transacting tokens

As an Ethereum token, USDC can be subject to high transaction fees.

Redemption of USDC for US dollars is subject to KYC.

How it works?