Hi Tokonauts,
Tokocrypto now supports the Arc network for USD Coin (USDC) deposits and withdrawals, providing users with an additional option for conducting crypto asset transactions.
With this support, users can send and receive USDC via the Arc network directly to and from their Tokocrypto accounts in a more convenient way.
What Is Arc?
Arc is a blockchain network built to make moving digital money easier and more efficient, especially for financial use cases.
Users can move stablecoins like USDC quickly, with transaction fees also paid in USDC instead of requiring a separate gas token. This makes the experience simpler and more predictable, while Arc’s fast transaction finality helps payments and transfers settle in near real time. With dollar-based fees and stablecoin powered transactions, Arc aims to make blockchain feel more like a familiar financial network.
How to Use Arc for USDC on Tokocrypto
To deposit USDC via Arc:
Log in to your Tokocrypto account.
Go to Deposit and select USDC.
Select Arc as the deposit network.
Copy the provided deposit address.
Make sure the sending platform or wallet is also using Arc before proceeding with the transaction.
To withdraw USDC via Arc, select Arc as the network on the withdrawal page and make sure the destination wallet supports the same network.
Important Notes
Always make sure that the asset and network selected on both the sending and receiving platforms match before making a transaction. Transfers made through a different network may result in assets not being credited to the intended account.
Information regarding minimum deposits, minimum withdrawals, withdrawal fees, and other applicable requirements can be found directly on the USDC deposit and withdrawal pages in the Tokocrypto app.
Support for Arc provides Tokocrypto users with an additional network option for transferring USDC based on their needs.
Learn more about the Arc ecosystem at arc.io.
Thank you for your continued trust in Tokocrypto.
Regards,
Tokocrypto Team
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