Stablecoins on the Concordium network are digital tokens that are designed to keep a stable value, usually tied to a fiat currency like the euro or US dollar. They allow for fast transfers with low fees on the Concordium blockchain.
Using the Bitcoin.com Wallet app, you can receive supported stablecoins on the Concordium (CCD) network by sharing your CCD wallet address. A small amount of CCD is required in your wallet to pay network transaction fees.
👉 Important: Before receiving stablecoins, you must create a CCD (Concordium) wallet in the Bitcoin.com Wallet app. To do this, please follow the steps in [How to Create a CCD Wallet]
👉 Note: Stablecoins on Concordium are issued as CIS-2 tokens. Once a supported stablecoin is added to your wallet, it can be received directly using your CCD wallet address. No extra setup is required.
Table of Contents
How to Receive Stablecoins on Concordium
Follow these steps to receive stablecoins on the Concordium network:
Open the Bitcoin.com Wallet app.
Tap Wallets.
Select My CCD Wallet.
Tap Receive.
Choose the stablecoin and confirm the Concordium (CCD) network.
Copy your wallet address or share the QR code with the sender.
⚠️ Warning: Make sure the sender uses the Concordium network. Sending funds on the wrong network may result in a permanent loss.
Before You Receive Stablecoins
Please make sure the following are true:
You have created a CCD wallet
Your wallet contains a small amount of CCD for fees
The stablecoin is supported in the Bitcoin.com wallet app
The sender is using the Concordium (CCD) network
Need Help?
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