Dear solana team, I have about 0.002 SOL on my

Question

Dear solana team, I have about 0.002 SOL on my

USDC token account.

- Is this enough to maintain its rent-exempt status?
- How long might this last based on current rates?
- If the account gets deactivated, what happens to my USDC balance?

Thanks for the insights!

#blockchain #cryptocurrency #english #sol

0

14.10.2023

10 ответов

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Steve

Hey Tiago, Yes, this is enough. Indefinitely If the account gets closed the usdc is lost. I'm not sure if you can close an account while there is still funds in it though.

0

14.10.2023

Tiago Автор вопроса

Steve
Hey Tiago, Yes, this is enough. Indefinitely If ...

I appreciate the initial response. I just have a couple of follow-up questions to ensure the security of my USDC holdings: Does this mean I don't have to worry about the current SOL balance leading to my account being automatically closed? Is it guaranteed that an account holding USDC will never be closed automatically? I've recently switched to Solana and hold a substantial amount of USDC. I want to make sure I don't risk losing them over such technicalities. Thanks in advance for your reassurance!

0

14.10.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

Tiago
I appreciate the initial response. I just have a ...

Hey, you don't need to worry about your account being closed due to your current SOL balance. Your funds are safe and accounts holding USDC will not be closed automatically.

0

14.10.2023

Tiago Автор вопроса

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)
Hey, you don't need to worry about your account be...

Okay, thank you very much! This means that even if my SOL token balance were at 0, my USDC account would never be automatically closed, as it still has a balance?

0

14.10.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

Tiago
Okay, thank you very much! This means that even if...

Exactly, that's correct..

0

14.10.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

Tiago
Okay, thank you very much! This means that even if...

The specific rules for closing accounts can differ depending on the platform where you're holding your USDC. If you're looking for precise information on this matter, it's best to contact the platform directly to get the most accurate details.

0

14.10.2023

Tiago Автор вопроса

Oh, I see, it's platform-dependent. I thought it would be the same whether the token account is opened via Ledger, DeFi wallet, or Solflare, as it depends on the private key and not the platform where I opened the token account?

0

14.10.2023

RAHUL (𝐰𝐢𝐥𝐥 𝐧𝐞𝐯𝐞𝐫 𝐃𝐌 𝐟𝐢𝐫𝐬𝐭)

Tiago
Oh, I see, it's platform-dependent. I thought it w...

I haven't personally come across instances where accounts are closed automatically, but have shared my perspective based on what I know about any wallet in this crypto world.

0

14.10.2023

Steve

Tiago
I appreciate the initial response. I just have a ...

Your assumptions are correct. Token accounts can't be closed without the authority signing to close it. If a wallet holds 0 SOL and $1k USDC, the USDC will stay there forever unless it is transferred by the owner (which does require SOL)

0

14.10.2023

Group Butler [beta] · Accepted Answer

Group Butler [beta]

For more technical, or Frequently Asked Questions (FAQ), visit https://sola.na/sse.

0

14.10.2023

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