I have deposited in binance usdc on arbitrum one network

Question

Binance English

Dr.Narendra Singh Saini

I have deposited in binance usdc on arbitrum one network

but I received bridged usdc (arbusdce). How to sell or convert them in to other coin ? Anyone tell me

#binance #crypto-exchange #cryptocurrency #english

0

20.08.2023

5 ответов

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Dr.Narendra Singh Saini Автор вопроса

Raid
Hey there! You have indeed received ARBUSDCE, whic...

Can I swap or convert or sell on binance because I have arbusdc on binance.

0

20.08.2023

Raid

Yes, you can definitely swap, convert, or sell ARBUSDCE on Binance if the platform supports that specific token. However, at the moment, Binance International doesn't support ARBUSDCE. To be sure whether Binance US supports it currently or not, I recommend checking their official website or contacting their customer support for the most accurate and up-to-date information. If Binance doesn't support ARBUSDCE, you would likely need to transfer it back over the Arbitrum network to Ethereum mainnet, then again transfer it to Binance. Please make sure to double-check your steps to avoid loss of funds.

0

20.08.2023

Dr.Narendra Singh Saini Автор вопроса

Raid
Yes, you can definitely swap, convert, or sell ARB...

Currently binance is not supporting arbusdce

0

20.08.2023

Raid

Dr.Narendra Singh Saini
Currently binance is not supporting arbusdce

I see. If Binance is currently not supporting ARBUSDCE, you'll have to use another exchange or decentralized exchange (DEX) that does support the token to swap, convert, or sell it. The most common method would be to use a DEX like SushiSwap or Uniswap that operates on the Arbitrum network. Here, you can easily swap your ARBUSDCE to any other crypto that is supported by these DEXs. Last, but not the least, always be sure you are interacting with the official, real version of the DEX, and not a phishing site disguised as a DEX. You can find the official links of these DEXs on their official social media pages or websites. When done dealing, you can either keep your new crypto on your wallet or transfer it on your Binance account. Again, due diligence is important when dealing with cryptocurrencies. Always check the platforms you use, the addresses you input, and consider the cost of transaction fees.

0

20.08.2023

Raid · Accepted Answer

Hey there! You have indeed received ARBUSDCE, which is the Arbitrum version of USDC. To convert these to other tokens, you'll need to use a Decentralized Exchange (DEX) on the Arbitrum network. One popular DEX on Arbitrum is Uniswap. To use it, follow these steps: 1. Connect your wallet to Uniswap. Arbitrum is compatible with popular Ethereum wallets like Metamask. 2. Once connected, go to Uniswap's swap interface. You'll see two boxes. 3. In the first box, select the currency you wish to exchange (in this case ARBUSDCE). 4. In the second box, select the currency you wish to receive. 5. Click 'swap', then 'confirm swap'. 6. Wait for the transaction to be confirmed, and voila! Your ARBUSDCE will be exchanged for your chosen token. Just remember, every transaction requires a fee in ETH (since the Arbitrum network is part of the Ethereum ecosystem), so make sure you have a little bit of ETH in your wallet as well. If you want to put your ARBUSDCE back into your Binance account, make sure Binance supports the Arbitrum network first and then you can withdraw from the Arbitrum network back to Binance. If they don't, you have to bridge it back to the Ethereum network first before sending it to your Binance account. Please, always exercise due diligence when dealing with cryptocurrencies and exchanges — you're your own bank after all! Happy swapping!

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I have deposited in binance usdc on arbitrum one network

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