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How can I convert UN to USDC in the Stellar blockchain?

avatarEG JeansNov 24, 2021 · 3 years ago3 answers

I am new to the Stellar blockchain and I want to convert UN tokens to USDC. Can someone guide me on how to do this conversion? What steps do I need to follow?

How can I convert UN to USDC in the Stellar blockchain?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    To convert UN to USDC in the Stellar blockchain, you will need to follow these steps: 1. Open a Stellar wallet that supports both UN and USDC tokens. 2. Deposit your UN tokens into your Stellar wallet. 3. Find a reputable cryptocurrency exchange that supports the trading pair UN/USDC. 4. Create an account on the exchange and complete the necessary verification process. 5. Transfer your UN tokens from your Stellar wallet to the exchange. 6. Place a sell order for UN/USDC on the exchange. 7. Once your order is filled, you will receive USDC in your exchange account. 8. Withdraw the USDC from the exchange to your Stellar wallet or any other wallet that supports USDC. Please note that the availability of the UN/USDC trading pair may vary across different exchanges, so make sure to choose an exchange that supports this pair.
  • avatarNov 24, 2021 · 3 years ago
    Converting UN to USDC in the Stellar blockchain is a straightforward process. First, you need to find a cryptocurrency exchange that supports both UN and USDC tokens. Once you have an account on the exchange, you can deposit your UN tokens into your account. Then, you can place a sell order for UN/USDC on the exchange. Once your order is filled, you will receive USDC in your account. Finally, you can withdraw the USDC to your Stellar wallet or any other wallet that supports USDC. Remember to choose a reputable exchange and always double-check the wallet addresses before making any transactions.
  • avatarNov 24, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that supports the conversion of UN to USDC in the Stellar blockchain. You can easily convert your UN tokens to USDC by following these steps: 1. Create an account on BYDFi and complete the necessary verification process. 2. Deposit your UN tokens into your BYDFi account. 3. Place a sell order for UN/USDC on BYDFi. 4. Once your order is filled, you will receive USDC in your BYDFi account. 5. Withdraw the USDC from BYDFi to your Stellar wallet or any other wallet that supports USDC. Please note that BYDFi may require additional steps for KYC verification depending on your account level. Make sure to check their website for more information.