We’ve got some awesome news that’s going to make your crypto trading even better. We have rolled out 31 new Crypto/USDC pairs, and the best part? Trading spreads are like 2x cheaper compared to the Crypto/CAD pairs. Let us break it down for you.
First of all, what is a spread?
Spreads are how crypto trading platforms like ours make money. When you buy crypto, you are quoted a price that is higher than the market price. Also when you sell crypto, you are shown a price that is lower than the market price.
For example, assume the following:
– Market price for Bitcoin (BTC) is $100,000 USD
– Spread we charge on BTC/USDC is 0.5%
You can buy BTC for $100,500 USDC (=100k + 0.5% of 100k).
You can also sell BTC for $99,500 USDC (=$100k – 0.5% of $100k).
The difference of $500 is what you will be paying us.
Note: There may be other platforms that offer lower spreads but make sure that you consider the risks. With our platform, you’re paying for peace of mind. We are a licensed cryptocurrency dealer and your money is protected by best-in-class security systems. We’re always improving our product, and our team is here to assist you. You can enjoy trading 80+ cryptocurrencies knowing that your money is safe.
Four reasons why you’ll love USDC Pairs
1. Cheaper trades
Lower spreads are perfect for making more frequent trades and still come out ahead thanks to the lower fees. Consider this: the base spread on BTC/CAD is ~0.95%, but for BTC/USDC, it’s only ~0.5%.
That’s about two times cheaper! More of your money stays with you, which is always a win.
For example, let’s say you bought some BTC and sold it immediately. If you are a VIP 1 trader and had used the BTC/CAD pair, you would have spent ~1.9% in spreads (~0.95% when buying and ~0.95% when selling).
But, if you had used the BTC/USDC pair, you would have spent only ~1% in spreads (~0.5% when buying and ~0.5% when selling).
2. Higher tiers? Even lower spreads.
Depending on your tier, you can get your spread discounted even further. Did you know that we have a Whales tier where your spread gets discounted by 90%! Your spread on the BTC/USDC pair would then be only ~0.05%.
| Tier | Spread discount | Spread on BTC/CAD | Spread on BTC/USDC |
| VIP 1 | 0% | ~0.95% | ~0.5% |
| VIP 2 | 10% | ~0.85% | ~0.45% |
| VIP 3* | 20% | ~0.76% | ~0.4% |
| VIP 4 | 30% | ~0.66% | ~0.35% |
| VIP 5* | 40% | ~0.57% | ~0.3% |
| VIP 6 | 50% | ~0.47% | ~0.25% |
| Wolves | 65% | ~0.33% | ~0.18% |
| Titans | 80% | ~0.19% | ~0.1% |
| Whales | 90% | ~0.09% | ~0.05% |
*Subscriptions can bump up your tier before having to trade. Refer below.
3. Sweet subscription deals
If you’re up for it, our Virgo PLUS subscriptions can bump up your tier and lower your spreads:
- Virgo PLUS Basic: For $19.99 CAD, you get bumped to VIP 3 for 30 days. You get a 20% spread discount. BTC/USDC spread drops to ~0.4%.
- Virgo PLUS Pro: For $32.99 CAD, you get bumped to VIP 5 for 30 days. You get a 40% spread discount. BTC/USDC spread drops to ~0.3%.
Click here to know more about our subscriptions – VirgoCX PLUS Program
4. Tons of options
We’re not just adding a few new pairs – we’ve got 31 Crypto/USDC pairs! That means more choices and more ways to diversify your cryptocurrency portfolio.
Why trade on VirgoCX?
We’re one of the few places in Canada where you can get USDC pairs with such low spreads. This gives you a real edge over traders on other platforms. We’re all about making crypto trading better, easier, and more affordable for you.
Ready to dive in? Log into your VirgoCX account and start exploring the new USDC pairs today!