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Exchange BTC - USDC

If you're looking to mix up your crypto holdings or safeguard against market swings, swapping some BTC for USDC might be a good move. In this guide, we'll show you how to convert and exchange BTC to USDC using the KAURI Crypto Exchange.
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Written by Keti Tevzadze
Intermediate
3 min
28 June 2024

Cryptocurrencies have really taken off lately, with Bitcoin (BTC) being one of the most recognized and commonly owned digital assets. If you're looking to mix up your crypto holdings or safeguard against market swings, swapping some BTC for USDC might be a good move. KAURI Crypto Exchange is a simple mobile wallet that lets you make this swap with ease. In this guide, we'll show you how to convert and exchange BTC to USDC using the KAURI Crypto Exchange.

What Are The Steps To Exchange BTC for USDC

Step 1: Download and Set Up KAURI Crypto Wallet

First, download the KAURI Crypto Wallet on your mobile device to exchange BTC for USDC. Go to your device’s app store, search for KAURI Crypto Wallet, and install it. Open the app and follow the setup instructions. Be sure to securely back up your wallet’s recovery phrase, as it’s crucial for recovering your funds if you ever lose access to your device.

Step 2: Fund Your KAURI Crypto Wallet

To swap BTC for USDC, you’ll need BTC in your KAURI Crypto Wallet. If you don’t have any BTC in your wallet yet, follow these steps to deposit it:

  1. Open the KAURI Crypto Wallet app and select the BTC wallet.
  2. Tap the “Receive” button to get your BTC wallet address.
  3. Copy the address and use it to send BTC from your current wallet or exchange to your KAURI Crypto Wallet.
  4. Wait for the transaction to confirm, and your BTC will appear in your KAURI Crypto Wallet.

Step 3: Proceed to Swap

Next, tap "Swap" to initiate the exchange BTC-USDC process. Enter the amount of BTC you want to convert to USDC in the "From" field. The app will display the estimated amount of USDC you’ll receive in the "To" field. Be mindful of the transaction fees associated with the exchange.

Step 4: Review and Confirm

Before finalizing the swap, take a moment to review all transaction details, including the BTC to USDC exchange rate, transaction fees, and the estimated amount of USDC you’ll receive.

Double-check all the details to ensure accuracy. If everything looks correct, tap the "Swap" or "Exchange" button to complete the transaction.

Step 5: Confirm the Transaction

The app will prompt you to confirm the transaction. You might need to approve this in your KAURI Wallet and possibly sign it using your wallet's private key or biometric authentication like fingerprint or face recognition.

Step 6: Wait for Confirmation

Once you've confirmed the transaction, it will be processed on the blockchain. The completion time can vary due to network congestion, but it typically only takes a few minutes.


Step 7: Verify the Transaction

After the swap is complete, it's a good idea to verify the transaction on the blockchain. You can do this by using a blockchain explorer and searching for your transaction ID.

Congratulations! You've successfully swapped BTC for USDC within the KAURI Cryptocurrency Exchange. Your USDC balance should now reflect the updated amount.

What is the BTC to USDC exchange rate?

The highest Bitcoin was trading against USD Coin in the last 30 days was 71,732 USDC on May 21, 2024, at 00:00 UTC. The lowest exchange rate in the last 30 days was 56,727 USDC on May 1, 2024, at 08:00 UTC. This indicates a volatility of 5.36% in Bitcoin's price against USDC over the past month. If you want to know the current BTC to USDC exchange rate, check it now, because it is constantly changing.

FAQ

What does conversion rate mean?

The Bitcoin to USD Coin conversion rate shows how much USDC you will get for each unit of Bitcoin (BTC).

Can I convert BTC to USDC on KAURI?

Here’s a straightforward method to switch your Bitcoin into USD Coin using KAURI:

  1. Specify the Amount: Decide how much Bitcoin you want to convert to USD Coin.
  2. Access Your Account: Click on "Trade Now" to either create a new account or log into your existing one.
  3. Complete the Conversion: With just a few clicks, you can seamlessly convert your Bitcoin into USD Coin.

Can I swap BTC to USDC?

Swapping Bitcoin (BTC) for USD Coin (USDC) is effortless with KAURI. In just a few clicks, you can seamlessly exchange your Bitcoin for USD Coin or vice versa, giving you the flexibility to swiftly send or utilize your funds. With the KAURI Crypto Exchange, you can securely and effortlessly convert your Bitcoin to USD Coin anytime, directly from your smartphone.

How do you convert currency to USDC in KAURI?

Here's a simple guide to get started:

  1. Sign Up for Your Free Kauri Account.
  2. Link Your Funding Source. Once your Kauri account is verified, connect your card or bank account.
  3. Convert currency to USDC. Choose from a variety of cryptocurrencies to trade on Kauri.
About the author
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Keti Tevzadze
Content Creator and Social Media Manager
Keti is a social media manager with over 3 years of experience in digital marketing, content strategy, and community management in the blockchain industry. Keti has partnered with companies ranging from small start-ups to large corporations, helping them reach their target audience by creating engaging content for all major social media platforms. She is passionate about fintech and believes in the power of decentralized web3 solutions that can drive positive change worldwide.
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