How to buy and use USDC in India

Tunde Aladeloba

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As global finance continues to shift toward digital assets, buying and using USDC in India has become an exciting opportunity for freelancers, remote workers, and everyday investors. Traditional banking channels can make cross-border payments slow and costly, but USDC changes that, offering faster transactions, lower fees, and dollar stability.

For Indians looking to receive payments from abroad or explore crypto safely, USDC provides a smart and flexible alternative. In this guide, I’ll walk you through how to buy and use USDC in India without stress.

Why should Indians start using USDC for global payments?

Whether you’re a freelancer receiving payments from overseas or someone exploring digital assets, USDC offers a simple and reliable option that actually works.

Stability: USDC maintains a steady value linked to the U.S. dollar
Faster payments: Transactions settle within minutes, no bank delays or long waiting periods.
Lower fees: Send or receive payments globally without heavy conversion or banking charges.
Borderless access: Receive money from clients or family anywhere in the world with ease.

Platforms to buy USDC in India

1. eToro

If you want a smooth and reliable way to buy USDC, eToro is a great choice. You can use your INR or USD to purchase directly, with transparent conversion rates and fast processing. It’s perfect if you’re just starting your crypto journey in India.

Steps to Buy:

Sign up on eToro and verify your identity.
Add funds using a debit/credit card or bank transfer.
Search for “USDC” on your dashboard.
Enter the amount and confirm your purchase.

2. Bitpanda

Bitpanda lets you buy USDC securely from India using international cards or bank transfers. The platform boasts strong data protection, low fees, and quick execution times, making it ideal if you want a trusted European exchange with transparent pricing.

Steps to buy:

Create your Bitpanda account and complete KYC verification.
Deposit funds via credit/debit card or SEPA transfer.
Go to the USDC page on your dashboard.
Enter your desired amount and confirm your purchase.

3. Cryptomus

With Cryptomus, you can buy and receive USDC while enjoying access to both exchange and payment services. It’s especially useful if you freelance for foreign clients and want easy access to digital dollars through local or P2P payments.

Steps to buy:

Create your Cryptomus account.
Go to “Buy Crypto” and select USDC.
Choose a payment option — card, bank, or P2P.
Complete payment and get USDC in your wallet instantly.

Also read: Understanding USDC and how it enables safe global payments

4. Figure markets

Figure Markets is designed for secure crypto trading with full blockchain transparency. You can buy USDC with ease, and it’s a solid choice if you value compliance, safety, and stable rates while trading from India.

Steps to buy:

Register on Figure Markets and verify your identity.
Deposit INR or USD via bank.
Select “USDC” from the listed assets.
Enter your purchase amount and confirm.

5. CoinSwitch

CoinSwitch makes buying USDC simple for Indians by allowing INR transactions and instant conversions. You get access to live market rates across multiple exchanges — helping you get the best deal each time you buy.

Steps to buy:

Download the CoinSwitch app and sign up.
Complete your KYC verification.
Add INR using UPI or bank transfer.
Search for USDC and complete your purchase.

6. BuyUcoin

BuyUcoin is a homegrown Indian exchange that supports INR-to-USDC trading. You can fund your wallet using UPI or bank transfers and buy USDC directly, no international card needed. It’s fast, safe, and built for local users.

Steps to buy:

Register on BuyUcoin and finish KYC.
Add INR funds via UPI, card, or bank.
Go to the USDC trading section.
Enter your amount and confirm to receive USDC.

Also read: How to send and receive USDC directly in your USD account

If you want more control over your exchange rates or prefer paying directly with INR, you can also use the P2P market route in India. It’s an easy, secure way to buy USDC straight from other verified users.

Using P2P marketplaces for buying USDC

Platforms like Binance, Bybit, and OKX let you buy USDC directly from other users using INR through UPI, bank transfer, or wallets, no card or foreign exchange account required. It’s fast, secure, and fee-free.

Steps to buy USDC via P2P:

Create an account on Binance, Bybit, or OKX and complete KYC verification.
Go to the P2P Trading section.
Filter for USDC and choose sellers who accept INR or UPI payments.
Enter the amount you want to buy and complete the transfer.
Once the seller confirms payment, your USDC is released to your wallet.

A secure way to convert your USDC

After buying USDC in India, you’ll want a safe and simple way to manage it locally. With Grey, you can send or receive USDC straight to your USD account, then easily convert and withdraw to INR.

1. Create a Grey account: Visit Grey’s website or download the app, then sign up and complete a quick verification process to activate your account.

2. Access your USDC wallet: After verification, go to your Grey wallet and find your dedicated USDC wallet address. This is where your payments will arrive.

3. Share your wallet details: Send this wallet address to your international clients, employers, or business partners so they can pay you directly in USDC.

4. Receive your payment: Once the sender transfers USDC, your funds will appear in your Grey wallet almost instantly. From there, you can hold, convert, or withdraw as needed.

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Receive USDC with Grey in India

With Grey, Indians can easily send or receive USDC without delay. It’s fast, secure, and built to help freelancers, remote workers, and businesses handle global transactions smoothly.

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