Crypto Facts

Buy Stablecoins With Your Credit Card In Lumi Wallet

Stablecoins are cryptocurrencies that are designed to maintain a stable value so how to buy stablecoins with your credit in lumi wallet

This makes them ideal for use as a means of payment or as a store of value.

If you want to buy some stablecoins with your credit card, Lumi Wallet is the perfect option for you. It’s a user-friendly wallet that allows you to store, send, and receive a variety of cryptocurrencies. Plus, you can use your credit card to buy stablecoins like Tether (USDT) and TrueUSD (TUSD).

 

Dollar denominated assets

What are dollar denominated assets?

Dollar denominated assets are financial instruments whose value is pegged to the US dollar. This includes stablecoins like Tether (USDT) and TrueUSD (TUSD), as well as other currencies like the Chinese yuan and the Malaysian ringgit.

Why are dollar denominated assets popular?

Dollar denominated assets are popular because they offer investors a way to protect their money from volatility. By holding assets that are pegged to the US dollar, investors can be assured that their investment will not lose value over time.

Usd coin price

The price of USD Coin (USDC) varies over time, but it is currently worth around $1.20 per coin. You can track the price of USDC on websites like CoinMarketCap.com.

Buy Stablecoins

1. Go to the “Buy Stablecoins” tab in your Lumi Wallet.

2. Select the currency you want to buy stablecoins with.

3. Enter the amount of stablecoins you want to purchase.

4. Hit the “Buy” button and provide the required information about your credit card.

 

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