How to Receive USDC

Overview

You can receive USDC into your Bancoli Web 3 Wallet in two ways:

1. Share your wallet address or QR code — the sender transfers USDC from any external wallet

2. Browser wallet deposit — connect a browser wallet extension and deposit directly

Both methods are gas-free. You will receive an email notification when USDC arrives in your wallet.

Option 1: Receive via wallet address or QR code

1. Log in to your Bancoli account and go to Accounts → Web 3 Wallet.

2. Select the network you want to receive USDC on (Base, Optimism, Ethereum, Arbitrum, or Polygon).

3. Copy your wallet address or display the QR code.

4. Share the address or QR code with the sender.

⚠️ Important warnings:

• Only send USDC to this address. Sending other tokens may result in permanent loss.

• Send a small test amount first to verify the address.

• The sender must use the same network you selected. Receiving USDC through an incorrect network may result in the loss of funds.

Option 2: Receive via browser wallet deposit

1. In your Web 3 Wallet, click Deposit.

2. Select one of the supported browser wallets:

   • Rabby Wallet

   • Trust Wallet

   • Coinbase Wallet

   • MetaMask

3. Connect your browser wallet extension.

4. Confirm the transfer amount and network.

5. Approve the transaction in your browser wallet.

Your USDC balance will update once the transaction is confirmed on-chain.

How long does it take?

Settlement times depend on the network and block confirmation level:

These times are for finalized confirmations in production. Actual times may vary based on network congestion.

Will I be charged a fee?

No. Receiving USDC into your Web 3 Wallet is free. Gas fees are sponsored by Bancoli — you pay nothing.

Where can I see my received USDC?

All incoming transfers appear in your Web 3 Wallet transaction history. Each entry shows:

• The sender's nickname (if known) and transaction hash

• A link to the on-chain transaction on the block explorer