The crypto Carbon (CUSD) is a digital currency designed to support and incentivize carbon offsetting projects. It operates on blockchain technology, which helps measure and verify the effectiveness of these projects in reducing greenhouse gas emissions. By tokenizing carbon offsets, CUSD aims to create a market-based approach to reducing emissions, encouraging companies and individuals to invest in cleaner technologies and sustainable practices.
The crypto Carbon (CUSD) is a non-collateralized stablecoin that has two types of tokens: the Carbon stable coin and the Carbon Credit token. The Carbon stable coin is pegged to the value of the US dollar, while the Carbon Credit token is used to absorb demand and price shocks to CUSD.
To store Carbon (CUSD) tokens, you can use various digital wallets that support Ethereum-based tokens. Here are some options:
Ethereum Wallets: Since CUSD is an ERC-20 token, any Ethereum wallet that supports ERC-20 tokens can be used to store CUSD. Some popular options include MetaMask, Trust Wallet, and Ledger Live.
Celo Ecosystem Wallets: CUSD is also part of the Celo ecosystem, so wallets like Valora, which is designed for the Celo protocol, can also be used to store CUSD.
Fireblocks Platform: Fireblocks, a digital asset platform, supports a wide range of tokens, including ERC-20 tokens like CUSD. You can use their platform to store and manage your CUSD tokens.
- Other Wallets: Additionally, you can use other wallets that support Ethereum-based tokens, such as Ubeswap, which is part of the Celo ecosystem and supports CUSD.
Before choosing a wallet, ensure it supports CUSD and follow the wallet's instructions for setting up and managing your tokens.
To buy Carbon (CUSD) tokens, follow these steps:
Open the Buy Tab: On the CarbonPath platform, navigate to the Trade page and select the Buy tab. This can be done by clicking the "Buy Tokens" button on the sidebar or header.
Enter Token Amount: Input the amount of CUSD you want to purchase. The input should be numerical with up to two decimal places and at least 0.30 CUSD. The maximum value depends on your available balance and tokens.
Confirm Purchase: Click "Continue" to proceed to the Buy Summary. Review the purchase details and click "Confirm" to proceed with the transaction.
- Complete Transaction: Wait for the transaction to finish. If successful, a Buy Success screen will appear with a recap of the transaction and an available invoice for download.
Alternatively, you can also buy CUSD using a credit card. Select the credit card option, enter the USD amount (at least $0.60), add your card details, and complete the payment.
