Starting today, Valora users can buy USDC directly through Coinbase Pay with zero cash-in fees. That means if you buy $10 of USDC, you’ll get the full $10 in your wallet, ready to use. This change makes it easier than ever to start building a stable and accessible crypto portfolio -no strings attached.
For anyone new to crypto, extra fees for funding wallets can be a significant barrier to entry. Coinbase’s removal of cash-in fees for USDC aims to eliminate this friction, creating a smoother and more affordable pathway to begin exploring crypto.
“Stablecoins play a crucial role in the crypto economy by allowing people to transact with less volatility than other digital currencies. By offering $0 fees on USDC, Coinbase is making it easier for everyone to participate in the digital economy.” -Coinbase
This new feature allows users to fund their wallets with USDC and explore all the possibilities of DeFi within Valora. With USDC in your wallet, you can start earning through DeFi pools like Aave, Allbridge, and Beefy, or seamlessly swap USDC for hundreds of tokens across multiple networks using Valora’s multichain swap feature.
For seasoned crypto enthusiasts, Coinbase’s fee waiver makes USDC an even more cost-effective option for building a larger wallet balance. Now, you can make larger investments without worrying about cash-in fees cutting into their funds. By removing these variable costs, Coinbase enables you to make the most of every purchase, adding flexibility and value for both small and large transactions.
Coinbase and Valora are making it easier than ever to enter the crypto world without the typical fees associated with funding a wallet. Whether you’re a crypto newcomer or an experienced user, $0 fees on USDC mean more value in your wallet, no hidden costs, just full access to crypto’s financial opportunities!Follow @Valora to keep up-to-date as more features become available. For any questions or feedback, @AskValora is always here for you!