Trade CVC/USD
Civic / US Dollar
Civic is a decentralized identity platform that enables users to verify personal attributes such as age, residency, or humanity on-chain while preserving privacy through zero-knowledge proofs and reusable verifications.
Specifications
About Civic (CVC/USD)
Civic launched in 2017 as one of the first blockchain identity projects, originally focused on KYC verification using the Ethereum blockchain. The platform evolved significantly with the introduction of Civic Pass, a non-transferable on-chain credential that dApps and DeFi protocols can require for access control. Civic Pass enables use cases such as proving a wallet is operated by a unique human for airdrop eligibility, restricting DeFi access to non-sanctioned addresses, or enforcing age requirements for token-gated content. The system uses a network of identity verification providers who issue credentials after performing checks, with the resulting pass stored on-chain. CVC is the utility token used within the Civic ecosystem for identity-related service payments. CVC/USD on StoicFX is a CFD, no CVC tokens are purchased or held on your behalf.
Key Price Drivers
- DeFi protocols and NFT projects requiring Civic Pass for participation and access control
- Regulatory pressure on DeFi for KYC and sanctions screening driving on-chain identity demand
- Competition from Worldcoin, Proof of Humanity, and Gitcoin Passport for identity verification
- Broader DeFi and Web3 activity levels affecting the number of wallets seeking identity credentials
Peak Trading Hours
Privacy, payment, and utility token CFDs trade around the clock on StoicFX MT5. Volume follows standard crypto market cycles, peaking during US and European business hours when regulatory and adoption-related news flow is heaviest.
US and European business hours (13:00-21:00 UTC)
Regulatory announcements targeting privacy coins or payment token classification can trigger sharp moves, particularly during US legislative sessions. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade CVCUSD on StoicFX
Open an Account
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Fund Your Account
Deposit via bank transfer, card, crypto, or e-wallet.
Find CVCUSD in MT5
Open MetaTrader 5, search for CVCUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
FAQ
What is Civic Pass and how do dApps use it for access control?
Civic Pass is a non-transferable, on-chain token issued to a wallet after the holder completes a verification process such as identity verification, liveness checks, or sanctions screening. DApp developers integrate a Civic Pass check into their smart contracts or frontends, requiring users to hold a valid pass before they can swap, mint, or participate. Because the pass is non-transferable and tied to a specific wallet, it prevents Sybil attacks where one person uses many wallets to claim multiple airdrops or skew governance votes.
How does Civic protect user privacy during identity verification?
Civic's model separates the identity verification process from on-chain data. When a user completes verification with a Civic network provider, the provider issues an on-chain pass confirming a specific attribute was verified without publishing the underlying personal data to the blockchain. For example, a user can hold a pass confirming they are over 18 without their date of birth or government ID being stored on-chain. This is a selective disclosure model rather than full zero-knowledge proof in all implementations, but the core principle is that the blockchain records the conclusion of the check, not the underlying data.
Why is Sybil resistance important for DeFi and NFT projects?
Sybil attacks occur when one actor creates many identities to game a system designed to treat each identity equally. In crypto, this manifests as farming airdrops with hundreds of wallets, manipulating governance votes with cheap wallets, or claiming multiple NFT whitelist spots. Systems that require identity verification or proof of unique humanity deter this behavior because the cost of creating many verified identities exceeds the marginal benefit of each additional wallet. Civic Pass and similar systems allow projects to enforce one-wallet-per-person rules in a decentralized way.
If I trade CVC/USD on StoicFX, do I hold any CVC tokens?
No. CVC/USD on StoicFX is a Contract for Difference. You trade CVC's price against the US dollar without holding any tokens. To obtain a Civic Pass for a dApp, pay for identity verification services, or participate in the Civic ecosystem, you would need actual CVC tokens in an Ethereum-compatible wallet.
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CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.