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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

TokenWhat is it?Used for
USDCStablecoin ($1 = 1 USDC)Buying, storing value
USDCxStreaming USDCReal-time payments on LinQup
MATICPolygon gas tokenTransaction 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

How to get USDC →

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)

Learn about USDCx →

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

  1. Get USDC on Polygon
  2. Convert USDC → USDCx (in widget)
  3. Stream USDCx to creators
  4. Pay gas with MATIC

For Creators

  1. Receive USDCx from supporters
  2. Convert USDCx → USDC (if desired)
  3. Withdraw USDC to exchange/bank
  4. 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

  1. Getting USDC - How to acquire USDC
  2. USDCx Explained - Understanding Super Tokens
  3. 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?