USDC and ETH on Base are Now Available on Bitso

Two of the major currencies in the crypto world just reached a major milestone on Bitso. We are thrilled to announce that you can now send and receive Ether (ETH) and Digital Dollars (USDC) via the Base network.

This expansion unlocks near-instant transaction speeds and drastically lower fees, providing a seamless gateway to one of the fastest-growing Layer 2 ecosystems in the crypto world. Whether you're transferring funds, exploring decentralized finance, or optimizing your crypto strategy, Base on Bitso provides a more efficient, cost-effective, and user-friendly experience.

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Why This Matters

Base is an Ethereum Layer 2 network built by Coinbase, designed to make onchain activity fast, affordable, and accessible to anyone. By leveraging Ethereum's security while dramatically reducing transaction costs and confirmation times, Base has quickly become one of the most active and developer-friendly networks in the blockchain space.

With USDC and ETH on Base, you can:

• Send and receive Digital Dollars (USDC) and Ether (ETH) almost instantly at a fraction of the cost of Ethereum mainnet.
• Access a rapidly growing DeFi ecosystem, with some of the most innovative protocols in crypto.
• Interact seamlessly with Ethereum-compatible apps, thanks to Base's full EVM compatibility.
• Trade and swap with deep liquidity for optimal execution across multiple platforms.

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What Base Unlocks for You

With USDC and ETH on Base, you have more ways to interact with top DeFi protocols at lower costs and faster speeds:

DEX Swaps & Aggregators

• Aerodrome: Base's leading decentralized exchange and liquidity hub, offering deep USDC and ETH pools, low-slippage swaps, and yield farming opportunities.
• Uniswap: One of the largest decentralized exchanges in DeFi, fully deployed on Base with seamless USDC and ETH swaps and strong liquidity.
• BaseSwap: A native DEX built specifically for the Base ecosystem, where you can swap USDC and ETH, provide liquidity, and earn rewards.

Lending & Borrowing

• Aave: A top DeFi lending protocol where you can supply USDC or ETH to earn interest, or borrow assets against your collateral at competitive rates.
• Moonwell: A leading lending and borrowing platform native to Base, offering straightforward access to money markets with both USDC and ETH.

Yield & Savings

• Compound: A decentralized money market protocol where you can earn passive income by supplying USDC or ETH as liquidity.
• Extra Finance: A leveraged yield farming platform on Base that lets you maximize returns on your USDC and ETH across liquidity strategies.

Earn While You Hold — Right Inside Bitso

Not ready to dive into DeFi just yet? You don't have to go anywhere. With Earnings, you can put your Digital Dollars (USDC) and Ether (ETH) to work directly within the Bitso app and receive weekly yields — no external wallets or protocols required.

• ETH: Earn 1.18% annually through staking, with your funds helping secure the blockchain network.
• USDC: Earn up to 3.1% annually through Treasury bonds, with rates that scale with your balance.
• Earnings gives you the convenience of managing everything in one place — with no extra steps, no wallet connections, and no added complexity. It's the simplest way to make your crypto work for you.

How to Use Base on Bitso

Getting started is simple and takes only a few taps:

1. Select your type of transaction
   
   1. Open the Bitso app and tap Transfer.
   2. Choose whether you want to Deposit or Send assets.
   3. Select Cryptocurrencies as the asset type.
2. Select your asset and network
   
   1. Pick ETH or USDC as the asset you want to move.
   2. Select Base as the network.
   3. Copy or enter the recipient's wallet address.
3. Confirm and enjoy
   
   1. Double-check the details and confirm. Your funds will arrive faster and for significantly less than on traditional networks.

With USDC and ETH on Base, managing and transferring your crypto is now faster, cheaper, and more powerful.

Get Started Today

Take control of your crypto with the speed and efficiency of the next generation. Start using Base on Bitso today and experience the future of digital finance.

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Disclaimer

This blog is for informational purposes only and does not constitute financial advice. Cryptocurrency transfers are irreversible; always double-check wallet addresses before confirming any transaction. Interacting with DeFi protocols carries risks; ensure you conduct your own research (DYOR) before committing funds. Bitso does not endorse or guarantee third-party platforms.