Get paid faster with lower fees. This guide will help you set up to receive USDC payments and convert to your local currency.
Instant
Receive in seconds
Lower Fees
Save vs wire transfers
24/7
No bank hours
A wallet is like a bank account for receiving crypto payments. We recommend Coinbase Wallet - it's free and works worldwide.
💡 Important: Write down your recovery phrase and store it safely. This is the only way to recover your wallet if you lose your phone.
Your wallet address is like an account number. Share it with your buyer so they can send you payments.
Open Coinbase Wallet
Make sure to select Base network
Tap the "Receive" button
Copy your address
Select "USDC" as the asset
It starts with "0x" and is 42 characters long
Example address format:
0x1234...abcdOnce your buyer has your wallet address, they can send USDC payments instantly. You'll see the funds in your wallet within seconds.
You can receive unlimited USDC payments without any identity verification. KYC is only needed when you want to convert to local currency.
When you want to convert USDC to your local currency, use a crypto exchange available in your country.
⚠️ Important: When depositing USDC to an exchange, always select Base network. Using the wrong network could result in lost funds.
After selling USDC for your local currency on the exchange, withdraw to your bank account.
Send USDC from wallet to exchange
Use Base network, fee ~$0.01
Sell USDC for local currency
Exchange fee typically 0.1-1%
Withdraw to bank account
Usually same-day or next business day
Example: Receiving $10,000 payment
Wire Transfer
-$350
Bank fees + FX spread
USDC Payment
-$100
Exchange fee only
You keep an extra
$250
per $10,000 received
What is USDC?
USDC is a digital dollar. 1 USDC always equals $1 USD. It's issued by Circle and backed by real US dollars in reserve.
Is it safe?
Yes. USDC is regulated and audited. Your wallet is secured by your recovery phrase - only you can access your funds.
What is Base network?
Base is a fast, low-cost blockchain network built by Coinbase. Transactions settle in seconds and cost less than $0.01.
Do I need to convert immediately?
No! You can hold USDC as long as you want. It maintains its $1 value. Convert to local currency whenever it's convenient for you.
Need help getting set up?
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