my vendor now accept usdc, what is that and how do use it

[grymhackare]

title, I’m so grey at this

@ICL

 

[hhhhhhhhhhhhhhhhhh]

Its essentially a cryptocurrency that is worth the same as USD

 

[grymhackare]

Its essentially a cryptocurrency that is worth the same as USD

That makes sense yeah

 

[filthycurrycel]

is this a 3 dimensional repfarm?!!!!!?!?!?!

 

[ICL]

title, I’m so grey at this

@ICL

Basically USD if it was a cryptocurrency

Places where you can exchange for USDC are localcoinswap which basically make u talk with a guy for a few minutes to get crypto instantly (and localcoinswap usually has no KYC and is very private)

USDC doesnt have its own blockchain, so you have to use something like Solana wallets (because you cant store your crypto in an exchange forever, it is impractical, so you'll move the usdc to a solana wallet). Which are fortunately no KYC


KYC - know your customer (basically the amount of revealing info that required to do something, and example would be banks, they require HUGE kyc, like social security number full name etc)

 

[grymhackare]

Basically USD if it was a cryptocurrency

Places where you can exchange for USDC are localcoinswap which basically make u talk with a guy for a few minutes to get crypto instantly (and localcoinswap usually has no KYC and is very private)

USDC doesnt have its own blockchain, so you have to use something like Solana wallets (because you cant store your crypto in an exchange forever, it is impractical, so you'll move the usdc to a solana wallet). Which are fortunately no KYC


KYC - know your customer (basically the amount of revealing info that required to do something, and example would be banks, they require HUGE kyc, like social security number full name etc)

Ooooh alright imma do this then, thanks

 

[grymhackare]

is this a 3 dimensional repfarm?!!!!!?!?!?!

Don’t think so

 

[ICL]

Ooooh alright imma do this then, thanks

Ye it's called P2P when you talk with a vendor to exchange crypto

you can pay with a lot of stuff, venmo, paypal, other crypto, credit cards etc

i recommend paypal cause most vendors allow it and t's international

 

[grymhackare]

Ye it's called P2P when you talk with a vendor to exchange crypto

you can pay with a lot of stuff, venmo, paypal, other crypto, credit cards etc

i recommend paypal cause most vendors allow it and t's international

Alright so PayPal’s the best but I should go with usdc, got it

 

[ICL]

Alright so PayPal’s the best but I should go with usdc, got it

I mean that it's best to use paypal to buy USDC, not that u should use paypal with your vendor

 

[Bipolar2Cel]

Basically USD if it was a cryptocurrency

Places where you can exchange for USDC are localcoinswap which basically make u talk with a guy for a few minutes to get crypto instantly (and localcoinswap usually has no KYC and is very private)

USDC doesnt have its own blockchain, so you have to use something like Solana wallets (because you cant store your crypto in an exchange forever, it is impractical, so you'll move the usdc to a solana wallet). Which are fortunately no KYC


KYC - know your customer (basically the amount of revealing info that required to do something, and example would be banks, they require HUGE kyc, like social security number full name etc)

You can use shit like Banxa, Moonpay, tons of other shit to buy crypto and send directly to a vendor's wallet with a credit/debit card. If the vendor gives you a wallet address for your purchase. Did this plenty of times now.

 

[grymhackare]

I mean that it's best to use paypal to buy USDC, not that u should use paypal with your vendor

Oh alright sorry