How to Buy and Sell USDC with AUD on Blacksheep

USDC is one of the most trusted stablecoins in the world, and Blacksheep is Australia’s dedicated platform for moving seamlessly between Australian dollars and digital assets. Whether you’re looking to buy USDC as a safe on-ramp into crypto, or sell it back to AUD as a quick and compliant off-ramp straight into your Australian bank account, Blacksheep makes the process simple, fast, and fully regulated in Australia.

In this guide, we’ll walk through exactly how to:

• Buy USDC using AUD from your bank account.
• Sell USDC back to AUD and withdraw to your bank.
• Understand the processing times, requirements, and best practices for secure trading.

What You’ll Need Before Trading

• A verified Blacksheep account (KYC + ABN complete).
• A self-custody crypto wallet such as MetaMask or Phantom.
• Sufficient AUD balance (for buying) or USDC balance (for selling).

How to Buy USDC with AUD

1. Log in to your Blacksheep account.
2. From your dashboard, click “On/Offramp” → “Buy Crypto.”
3. Connect your wallet (e.g., MetaMask).
4. Select USDC (currently the only supported asset).
5. Enter the AUD amount you want to convert.
6. Review the exchange rate and fees.
7. Click “Buy” and confirm the transaction.
8. Your USDC will be sent instantly to your connected wallet (network speeds may vary).

How to Sell USDC for AUD

1. Go to “On/Offramp” → “Sell Crypto.”
2. Ensure the correct wallet is connected.
3. Select USDC from your wallet balance.
4. Enter the amount of USDC you want to sell.
5. Review the AUD conversion rate and fees.
6. Click “Sell” and confirm the transaction in your wallet.
7. Funds will be credited to your linked bank account within minutes.

Processing Times

• AUD deposits: 1–2 minutes (depends on bank).
• AUD withdrawals: 1–2 minutes.
• USDC purchases: Instant (Ethereum network speed applies).
• USDC sales: Instant once confirmed on-chain.

Security Tips for Trading

• Always double-check your wallet connection before buying or selling.
• Keep your wallet and browser extensions updated.
• Never share your wallet’s private keys or seed phrase.

You now know how to move between AUD and USDC on Blacksheep.
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