Receiving USD Coin (USDC) from an external address to your Rain account can be done via a QR code or by using your Rain account USD Coin address.
Requirements:
- Rain account. You will need a Rain account to receive USDC.
- Rain USDC address. You will need your Rain USDC address in order to receive USDC.
If you want to receive USD Coin using the Rain app,See below for a step by step guide.
NOTE: Please ensure to transfer your USDC through the ERC-20 network only.
Steps (Rain website):
- Log in to your Rain account.
- Click on Portfolio.
- Click on Receive.
There are two ways to receive USD Coin in your Rain account, either using your USD Coin Address or a QR code.
Method 1: Using the QR code
- Open your external USDC wallet containing the funds you want to transfer.
- Click on the QR code icon in the wallet application.
- Hold the device camera over the Rain QR code.
Method 2: Using your USD Coin address
- Copy your Rain USDC address under "Receive to".
- Open your external USDC wallet containing the funds you want to transfer.
- Paste the address into your external USDC wallet.
NOTE: USD Coin transfers take 10 minutes to 1 hour to arrive.
Steps (Rain mobile app):
- Open the Rain app on your phone. For more information about the Rain app click here.
- Visit the market or portfolio page and select USD Coin
- Tap Trade and select Receive
There are two ways to receive USD Coin in your Rain account, either using your USD Coin Address or a QR code.
Method 1: Using the QR code
- Hold the device camera over the Rain QR code.
Method 2: Using your USD Coin address
- Copy your Rain USDC address in the field under "Share your address".
- Open your external USDC wallet containing the funds you want to transfer.
- Paste the address into your USDC wallet containing the funds you want to transfer.
NOTE: USD Coin transfers take 10 minutes to 1 hour to arrive.
About Rain
Rain is a cryptocurrency platform in the Middle East, headquartered in the Kingdom of Bahrain. We are licensed and regulated by the Central Bank of Bahrain (CBB). Rain enables you to buy, sell, and store bitcoin and other cryptocurrencies, in a regulated, secure, and compliant way.