How To Send And Receive USDC Fast And Low Cost On The Stellar Network (2024)

Are you seeking a fast, low-cost, secure method to send and receive USDC? Your search ends here!

In a rapidly growing world of cryptocurrencies, customers are continually on the lookout for efficient and budget-friendly ways to manage their digital assets. The Stellar network, renowned for its exceptional speed and minimal transaction costs, provides an ideal solution for seamlessly transferring USDC. In this comprehensive guide, we'll explore why the Stellar network stands out as an excellent choice for sending and receiving USDC and how to do so effortlessly using Yellow Card.

Stellar Network: Your Ticket to Fast and Cheap USDC Transactions

When it comes to managing your USDC, you want a network that offers the best combination of speed, cost-effectiveness, and accessibility. Stellar delivers on all fronts, making it an exceptional choice for your USDC needs:

1. Fast Transactions: Stellar is renowned for its rapid transaction speeds. Sending and receiving USDC on Stellar happens almost instantly. Whether you're conducting everyday transactions or need to move assets urgently, the Stellar network’s speed is a game-changer.

2. Minimal Transaction Costs: Affordability is a cornerstone of the Stellar network’s design. The network keeps transaction fees incredibly low, allowing you to save significantly on each transfer. Unlike some other blockchains, where fees can eat into your assets, the Stellar network ensures that you retain the value of your USDC.

3. Perfect for international transactions: The Stellar network was originally created for cross-border payments, making it ideal for international transactions. Whether you're sending USDC to family members in another country or conducting global business, the Stellar network’s cross-border capabilities make it a perfect choice.

Why Yellow Card?

Yellow Card is a Pan-African fintech operational in 20 African countries that offers crypto exchange services. Here’s why Yellow Card is your best alternative to send and receive USDC on Stellar :

• User-Friendly Interface: Whether you're new to digital currencies or an experienced user, Yellow Card's interface is designed for easy navigation, allowing you to buy, sell, send, and receive USDC effortlessly.
• Versatility: Yellow Card boosts a vast portfolio of cryptocurrencies and supports multiple networks for sending and receiving USDC, giving you the flexibility to choose between XLM, SOL and ERC-20 based on your specific needs.
• Zero Additional Fees: When using Yellow Card, you can transfer USDC without incurring any extra charges from our platform; the sole cost you'll encounter is the standard blockchain fee associated with your chosen network.

How To Send USDC On The Stellar Network

Here’s how to easily send USDC on the Stellar network on Yellow Card:

• Sign up or log in to your Yellow Card account;
• Choose USDC from the list of cryptocurrencies;
• Click on the “Send” option on your dashboard;
• Indicate the amount of USDC you wish to send;
• Click Next to confirm the amount;
• Select how you wish to send your USDC. You have the option to send via phone number or email address to Yellow Card customers and via a USDC wallet address to both Yellow Card and non-Yellow Card customers.
• Select the network Stellar (XLM) and enter the recipient's USDC address and the unique “USDC Tag”.
• Review the transaction details, including the fees;
• Confirm and send. Your USDC will be transferred instantly.

How To Receive USDC On The Stellar Network

• Sign in to your Yellow Card account;
• Choose USDC from the list of cryptocurrencies;
• Click on the “Receive” option on your dashboard;
• Select the network you wish to receive USDC in. When receiving USDC, select the network that matches the sender's choice. It's crucial to align your network with the sender's to ensure a smooth transaction.
• Confirm that you selected the right network;
• Copy the wallet address by selecting the “Copy” option. You can share this with the sender or simply have them scan the QR code displayed.
• You will receive your USDC once the sender has completed the transaction.

In Conclusion…

In a world where speed and cost-effectiveness are crucial, the Stellar network offers a solution that addresses both needs seamlessly. Whether you're sending USDC across borders or making local transactions, Stellar is a network that ensures your assets remain secure, your transactions are swift, and your fees are minimal.When you combine these advantages with Yellow Card's user-friendly interface, versatility, security, and reliability, you have the perfect solution for your digital currency needs.

Send USDC On The Stellar Network Now