São Paulo, November 12, 2024 — Nubank has introduced a groundbreaking feature allowing customers to swap popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Uniswap (UNI) for the stablecoin USDC (and vice versa). This tool is seamlessly integrated into the Nubank Cripto platform, streamlining crypto-to-crypto transactions with direct exchanges.
How the Swap Tool Works
The "swap" functionality offers:
- Lower fees compared to traditional fiat conversions.
- Gradual rollout to all customers over the coming weeks.
- Accessible via the "Trocar" (Swap) button in the app’s cryptocurrency section.
- Future support for additional token pairs.
👉 Discover how Nubank is revolutionizing crypto accessibility
Benefits of Using USDC
USDC, a USD-backed stablecoin, provides:
- Price stability with 1:1 dollar parity.
- Reduced volatility vs. other cryptocurrencies.
- Inflation protection for local markets.
Enhanced Tools for Crypto Investors
Nubank Cripto users already enjoy:
- A price alert system for BTC, ETH, SOL, UNI, and USDC.
- Alerts triggered by 3%, 6%, or 9% price changes within 24 hours.
FAQs
Q: What cryptocurrencies can I swap initially?
A: BTC, ETH, SOL, and UNI for USDC (and vice versa).
Q: Are there fees for swaps?
A: Yes, but they’re significantly lower than fiat conversions.
Q: When will the feature be available to all users?
A: Full rollout is expected within weeks.
👉 Explore Nubank’s crypto innovations today
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