Tokens
Tokens
Understanding USDC, USDCx, and tokens used in LinQup
Tokens Guide
LinQup uses USDC and USDCx tokens on the Polygon network. This guide explains what they are and how to use them.
Quick Overview
| Token | What is it? | Used for |
|---|---|---|
| USDC | Stablecoin ($1 = 1 USDC) | Buying, storing value |
| USDCx | Streaming USDC | Real-time payments on LinQup |
| MATIC | Polygon gas token | Transaction fees (~$0.01) |
The Tokens You'll Use
USDC - Your Money
What: Stablecoin pegged to US Dollar
Why we use it:
- Always worth $1 (no volatility)
- Widely available
- Trusted and audited
- Easy to understand
USDCx - Streaming Version
What: "Super Token" version of USDC for streaming
Why we need it:
- Enables continuous payment streaming
- Still worth $1 (pegged to USDC)
- Convert back anytime (1:1)
MATIC - Gas Fees
What: Polygon network's native token
Why you need it:
- Pay for transaction fees
- Very cheap (~$0.01 per transaction)
- Need tiny amount ($0.50 worth)
How They Work Together
For Supporters
- Get USDC on Polygon
- Convert USDC → USDCx (in widget)
- Stream USDCx to creators
- Pay gas with MATIC
For Creators
- Receive USDCx from supporters
- Convert USDCx → USDC (if desired)
- Withdraw USDC to exchange/bank
- Pay gas with MATIC
Common Questions
Why not just use regular crypto?
Problem with BTC/ETH:
- Price changes every minute
- $10 subscription could become $5 or $15 tomorrow
- Too volatile for recurring payments
Solution: Stablecoins
- $10 stays $10
- Predictable for both parties
Why USDC specifically?
- Most trusted stablecoin
- Fully backed by USD reserves
- Widely available on exchanges
- Works on Polygon (low fees)
Why Polygon network?
Compared to Ethereum:
- 1000x cheaper fees ($0.01 vs $10)
- Faster transactions (2s vs 15s)
- Same security (Ethereum-backed)
Can I use other stablecoins?
Currently LinQup only supports USDC. Other tokens may be added later.
What's the difference between USDC on Ethereum vs Polygon?
Same token, different networks:
- Ethereum USDC: High gas fees ($5-20)
- Polygon USDC: Low gas fees ($0.01)
You can bridge between them.
Token Addresses
Always verify these addresses:
Polygon Mainnet:
- USDC:
0x3c499c542cEF5E3811e1192ce70d8cC03d5c3359 - USDCx:
0x07b24BBD834c1c546EcE89fF95f71D9F13a2eBD1 - MATIC: Native token (no address needed)
Guides
Getting Started
- Getting USDC - How to acquire USDC
- USDCx Explained - Understanding Super Tokens
- For Supporters - Start using tokens
Technical Details
Safety & Security
Verify Before Transacting
✅ Always check:
- Correct network (Polygon)
- Correct token addresses
- Website URL (linqup.stream)
- Transaction details before approving
Never Share
❌ Keep private:
- Seed phrase / recovery phrase
- Private keys
- Wallet passwords
Scam Warning
Common scams:
- Fake USDC tokens
- Wrong network withdrawals
- Phishing websites
- "Support" asking for seed phrase
Need Help?
- Wallet Setup - If you don't have a wallet
- Troubleshooting - Common issues
- Getting Started - Complete guide