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How to Transfer USDC from WazirX to Mudrex: A Detailed Guide

Looking to move your USDC (USD Coin) from WazirX to Mudrex? Good choice! Mudrex offers a safe, user-friendly platform with zero deposit fees, making it ideal for managing stablecoin investments. This guide walks you through every step.

Things You Need Before Starting

Ensure you’re prepared with the following:

  • Verified Accounts: You must have a verified WazirX account with some USDC and a verified Mudrex account (KYC completed, including Aadhaar, PAN, phone number, email, and a liveliness check).
  • Enough USDC: You need sufficient USDC in your WazirX wallet to transfer, plus a small extra amount to cover WazirX’s withdrawal fee (usually around 0.8 USDC).
  • Stable Internet Connection: Use reliable Wi-Fi or mobile data to avoid any errors during the transfer.
  • Two-Factor Authentication (2FA): Ensure 2FA is enabled on both WazirX and Mudrex to protect your funds.

Step-by-Step Guide to Transfer USDC from WazirX to Mudrex

Step 1: Get Your Mudrex USDC Deposit Address

This is your personal deposit address on Mudrex where you’ll send your USDC.

  1. Open Mudrex: Download the Mudrex app or open the website. Log in with your credentials.
  2. Go to Wallet: Navigate to the “Wallet” or “Coins” section after completing KYC.
  3. Select USDC: Find USDC in the list and tap on “Deposit.”
  4. Pick the Right Network: Mudrex will show the preferred network for USDC—this is often ERC20 (Ethereum); however, you will have over five network options to choose from. Match this network in WazirX.
  5. Copy the Address: You’ll receive a long alphanumeric wallet address. Tap “Copy” and verify it twice to make sure it’s accurate.

Step 2: Send USDC from WazirX

Now, initiate the transfer on WazirX.

  1. Open WazirX: Sign in to your account via the app or website using email, password, and 2FA.
  2. Go to Funds: Navigate to the “Funds” section and locate USDC in your list of coins.
  3. Tap Withdraw: Next to USDC, click on “Withdraw.”
  4. Paste the Address: Paste the wallet address you copied from Mudrex. Double-check it carefully.
  5. Choose the Network: Choose the same network as selected on Mudrex (e.g., ERC20, Polygon). A mismatch will result in lost funds.
  6. Enter the Amount: Enter how much USDC to send. Make sure it’s above the minimum withdrawal limit (usually 10 USDC) and enough to cover the fee.
  7. Check the Fee: WazirX will show the withdrawal fee (usually 0.8 USDC).
  8. Confirm & Authorize: Complete the 2FA or OTP verification, then click “Proceed” to send the USDC.

NOTE: Always confirm the network and address. A single mistake can lead to the permanent loss of your crypto.

Step 3: Check USDC Deposit on Mudrex

Now, confirm that your USDC has arrived on Mudrex.

  1. Open Mudrex Wallet: Go to the “Wallet” section and tap on “Transactions” or “Activity.”
  2. Track the Transfer: Check for a pending deposit. Make sure the amount, network, and address match what you sent from WazirX.
  3. Verify If Needed: If prompted by Mudrex, tap “Verify Deposit.”
  4. Wait for Confirmation: USDC transfers typically take 5 to 30 minutes, depending on the network.
  5. Get Notified: Mudrex will alert you by email or in-app once the USDC arrives.

Extra Tips for Smooth Transfers

  • Test with a Small Amount: If you’re transferring USDC for the first time, start with a small amount like 10–20 USDC to ensure everything is working.
  • Always Recheck Network: Even if you saved a wallet address, verify that the network is still correct before future transfers.
  • Contact Support If Needed: If your deposit doesn’t appear in Mudrex after 1 hour, reach out to Mudrex or WazirX support.
  • Save Transaction Proofs: Take screenshots of the withdrawal confirmation from WazirX and the deposit status on Mudrex.

Conclusion: Transfer Your USDC Safely

With this easy guide, you’re now ready to securely move your USDC from WazirX to Mudrex. Whether you’re investing, saving, or diversifying into stablecoins, Mudrex offers a secure environment with zero deposit fees.

Want to learn more or connect with other crypto fans? Join the official Mudrex Telegram channel for tips, updates, and support. Also, download the Mudrex app from the bitcoin-crypto/id1609440707" target="_blank" rel="noreferrer noopener nofollow">App Store or Google Play to start exploring all its features today! 

FAQs

1. Which network should I use to transfer USDC from WazirX to Mudrex?
Choose the same network shown on Mudrex, usually ERC20 (Ethereum) or Polygon (MATIC). Using the wrong network may lead to a complete loss of funds.

2. What is the minimum USDC withdrawal limit on WazirX?
WazirX typically requires a minimum of 10 USDC for withdrawals. You also need extra to cover the withdrawal fee, which is usually around 0.8 USDC.

3. How long does a USDC transfer take?
Transfer time depends on the network. ERC20 may take 15–30 minutes due to higher congestion, while Polygon may complete within 5–10 minutes.

4. Does Mudrex charge any deposit fees for USDC?
No, Mudrex does not charge any fees for depositing USDC. Only WazirX charges a withdrawal fee.

5. What happens if I use the wrong network or enter the wrong address?
Sending USDC via the wrong network or to an incorrect wallet address can result in irretrievable loss of funds. Always double-check both before proceeding.

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