Can I convert USDC to USD on Coinbase?

Depositing USD or USDC into your account is straightforward. Upon successful deposit, your account will be credited with USD on a 1:1 basis. This means that for every dollar you deposit in USD or USDC, your account balance will increase by one dollar in USD.

Once your account is funded with USD, you have the flexibility to trade in either USD or USDC order books. The choice is yours depending on your preference and trading strategy. Trading in USD order books allows you to engage with other traders using USD as the base currency, while trading in USDC order books offers the stability of a cryptocurrency backed by the US dollar.

Regardless of which order book you choose, your funds will settle in USD. This ensures that your trading activity is denominated in a stable and widely recognized currency, providing you with peace of mind and certainty in your transactions.

Withdrawing your account balance is equally seamless. You can choose to withdraw your funds as USD or USDC, depending on your needs and preferences. This flexibility allows you to access your funds in the form that best suits your requirements, whether it's for personal use or for further investment opportunities.

BTCC, a top cryptocurrency exchange, offers a comprehensive range of services that cater to the needs of traders and investors. Among its services are spot trading, futures trading, and a secure wallet. Spot trading allows you to buy and sell cryptocurrencies at current market prices, while futures trading offers the opportunity to speculate on future price movements. The wallet service provides a safe and secure way to store your cryptocurrencies.