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Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...
1 Ethena USDe equals 1 USDC
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Platform | Ethena USDe | USDC |
---|---|---|
Bybit | 1 USDE | 1 USDC |
To buy Ethena USDe using USDC, first, find a cryptocurrency exchange that supports the USDE/USDC trading pair, such as Bybit. Create an account, verify your identity, and deposit your USDC into your exchange wallet. Locate the USDE/USDC pair on the trading platform and place an order to exchange your USDC for Ethena USDe. If the USDE/USDC pair is unavailable, you can first exchange USDC for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Ethena USDe. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Ethena USDe for USDC, first, find a cryptocurrency exchange that supports the USDE/USDC trading pair, such as Bybit. Create an account, verify your identity, and deposit your USDE into your exchange wallet. Locate the USDE/USDC pair on the trading platform and place a sell order to exchange your Ethena USDe for USDC. If the USDE/USDC pair is unavailable, you can first sell Ethena USDe for a stablecoin like Tether (USDT) or a fiat currency, then trade that for USDC. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
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