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.
‍

‍Next: Entity Accounts on Blacksheep: ABN, Companies, Trusts & SMSFs

Disclaimer: This information is provided by Blacksheep Operations Pty Ltd ABN 16 674 111 392 for general informational purposes only and may refer to products not available in your location. It does not constitute (i) investment advice or a recommendation to invest; (ii) an invitation or solicitation to buy, sell, or hold digital assets; or (iii) financial, legal, accounting, or tax advice. Digital assets, including stablecoins and NFTs, are highly volatile and carry significant risks. You should carefully assess your financial situation before deciding whether to trade or hold such assets. For advice specific to your circumstances, please consult your legal, tax, or investment adviser. All data and statistics are provided solely for general information. Blacksheep Operations accepts no responsibility or liability for any errors or omissions in this information, nor for any use of or reliance upon it by others.