Frequently Asked Questions
What is USD Coin?
It is a stablecoin. Stablecoins are cryptocurrencies whose prices are pegged to fiat (traditional) money or to exchange-traded commodities.
What type of wallet is Koola Moola?
Custodial, so that the cost of transferring USD Coin is minimal. USD Coin can easily be transferred out of Koola Moola onto non-custodial wallets.
How do I withdraw USD Coin from Koola Moola?
Easy! Select the withdraw option from the Koola Moola menu and enter the receiving Ethereum wallet address.
How do I get my USD Coin onto Koola Moola?
Simply deposit into your Koola Moola account by transferring your USD Coin (USDC or any other stablecoin) from your crypto exchange account to the address provided in the in-app deposit instructions.
