Create a wallet and receive your USDC returns every Monday

To invest with Yieldfund, you’ll need a secure wallet from a reliable crypto exchange. Yieldfund distributes returns every Monday in USDC, a popular stablecoin known for its stability and ease of transactions. To receive your payouts, you must have a wallet that safely stores your USDC. Setting up a wallet is quick and straightforward, giving you complete control over your investments.

On this page, we explain how to easily create a wallet and how to send and receive USDC.

How to create a wallet?

Creating a wallet with a crypto-exchange is quick and easy. Follow these steps to set up your wallet:

Step 1: Create an account

Visit the website of your chosen crypto exchange, such as bybit, kucoin, coinbase, and click “Sign Up” or “Register.” Enter your email address, choose a strong password and accept the terms and conditions. You will receive a confirmation email, click on the verification link to activate your account.

Step 2: Verify your identity

Most exchanges require identity verification to comply with regulations. You will need to provide some personal details and upload a copy of your ID. Once your verification is approved, you will have full access to the exchange’s features.

Step 3: Deposit funds into your account

Before you can send or receive crypto, you need to deposit funds into your exchange account. This can be done via bank transfer, iDEAL, or other payment methods. Select the amount you want to deposit and follow the instructions.

Step 4: Create your wallet

Most exchanges automatically create a wallet for each cryptocurrency you buy or receive. From your dashboard, select the cryptocurrency you want, such as USDC. Once you make a purchase, it will be automatically stored in your exchange wallet.

Your wallet is now ready to use! Always double-check the correct address when making transactions, as sending crypto to the wrong address may result in loss. Also, enable two-factor authentication (2FA) for extra security.

Want to know how to make a secure wallet-to-wallet payment?

Sending crypto can be simple, but security should always come first. That’s why we’ve prepared a clear step-by-step guide for you. Click here to learn how to safely send and receive crypto.