Written by Marlon

On November 22, 2022

Black Friday – Reduced USDC Deposit Fees

At Metallicus, we believe everyone should offer Black Friday deals, not just your favorite online shopping retailer. That is why we are delighted to announce that we have slashed the fees for the Proton Blockchain Fiat On-Ramp from today until December 31st, 2022.

We’re constantly striving to create easy, safe, and affordable ways to access cryptocurrency, and with this fee reduction, you can start using the Proton Blockchain ecosystem for cheaper than ever.

We have reduced the fiat transaction fee from $20 to $2 for only a short time, so if you’ve been deliberating getting in on the action, then now is your time to strike. 

To be eligible to use the Proton Blockchain Fiat On-Ramp, you need to ensure that you have fully KYC’d your account, and if you haven’t yet, here is a guide to do so. Becoming KYC’d on the Proton Blockchain gives you access to incredible DeFi applications, such as Proton Loan and the newly launched Proton DEX. 

The Fiat On-Ramp for Proton Blockchain is provided in collaboration with Circle, one of the most widely respected issuers of stablecoins in the cryptocurrency industry. Proton Blockchain uses USDC as the default Fiat On-Ramp currency, as it is a reserve-backed stable coin that is audited frequently to ensure transparency and accuracy of reserves. 

Using the Proton Blockchain Fiat On-Ramp is exceptionally easy, and depending on your bank, it should take anywhere from 0 to 5 days to deposit successfully. We’ve heard frequently from our community that transactions have been processed in less than a few hours, so if it’s longer than that, maybe it’s time for a new bank?

Happy Black Friday from Metallicus!

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