Cars & Bids and USDC
Pay for your car with USDC!
Cars & Bids is the best place to buy or sell your modern enthusiast car, truck or SUV. In partnership with Coinbase, we now recommend a new way to pay for the car that you won on Cars & Bids: USDC!
USDC is a crypto stablecoin that is designed to be pegged to the U.S. dollar and redeemable 1 to 1 for U.S. dollars. That means that 1 USDC is worth $1 USD. USDC is fully backed by reserve assets in the traditional financial system, and it’s designed to be used for sale, secure, and seamless transactions around the world.
Send funds instantly – for free!
USDC is fully digital, and you can instantly transfer any amount, anywhere. You don’t have to wait for the next business day, for your local bank branch to be open, etc. You can ALSO say goodbye to weekend restrictions, spend limits and banking hours. And since it’s fully digital and on the blockchain, it’s immediately verifiable.
And yes: sending USDC with Coinbase is free.
If you’re the seller, you can then leave your funds in your Coinbase account and receive rewards! You can also convert them to U.S. Dollars or Canadian Dollars (at the appropriate conversion rate) for free, and deposit the funds in your regular bank account.
Use USDC with Cars & Bids SafePay!
Excited to pay in USDC, but also want to use Cars & Bids SafePay, powered by KeySavvy? You can! Cars & Bids SafePay now accepts USDC payments via Coinbase!
Set up your Coinbase account to get started!
To get started, create your account on Coinbase, the most trusted crypto exchange.
