Purchasing on Coinbase

[Bigdog0628]

So I’m going to do my first Crypto purchase on Coinbase and then transfer to Exodus to send to supplier. Below is what my vendor accepts and then below is also the options for USDC on Coinbase. How do i know which one is correct to purchase on Coinbase? Thanks if you can help direct

 

[Throttle883]

I used SOL when ordering with this vendor. Super easy transaction.

 

[woundcarping]

Any they listed are correct. I use USDC-SOL for basically all my purchases. I picked USDC because it’s stable and wildly accepted, SOL because it’s fast and efficient.

You’ll also need to buy base chain “gas”, which for me is Solana. I’ve used almost a dollar in gas in two months making numerous transactions.

 

[sheilarae74]

I have used USDC-SOL for all my purchases too. Most vendors I have seen take that and in my experience sol has the cheapest network fees.

 

[CMA Pooky]

Here's a suggestion, also find a backup vendor and see what Crypto they take. If they take the same type of Crypto that your main vendor takes, you can buy from vendor #2 in case vendor#1 is out of stock in the future.

 

[mybodyisasewer]

Why is everyone using USDC SOL? BTC is the most common and simplest protocol. Is there some advantage I don't know about?

 

[CMA Pooky]

Why is everyone using USDC SOL? BTC is the most common and simplest protocol. Is there some advantage I don't know about?

I've heard a few people mention they like the stability/fixed price of Stable coins as they bought Bitcoin or Eth at higher prices and then lost money using it to pay vendors after their price dropped at the time they paid the vendors.

 

[woundcarping]

Why is everyone using USDC SOL? BTC is the most common and simplest protocol. Is there some advantage I don't know about?

USDC-SOL stable, widely accepted, cheap and fast to transfer.

BTC is widely accepted, but not stable. It's cheap and fast to transfer on SOL.

That stability is nice in general, especially if you have a 4-5+ figure crypto balance, or if you buy crypto at the time of purchasing peptides and don't want to have slippage get you.