# Migration Guide

If you have USDC / axlUSDC from any chain on Demex before the launch of Demex's USD Token, you will need to convert your existing tokens.

The following guide shows you how to convert USDC to USD.

## Guide

### **Step 1**

**N**avigate to [app.dem.exchange/account/balance](https://app.dem.exchange/account/balance) to convert your existing USDC / axlUSDC.

<figure><img src="/files/xOZLndEMxrzpNxNqPasH" alt=""><figcaption></figcaption></figure>

### **Step 2**

Click any Convert button to open the page shown below.

<figure><img src="/files/EiGZyl45XKOSLqx3pUGY" alt=""><figcaption></figcaption></figure>

All convertible tokens will be automatically selected. Once you have reviewed the tokens and amounts, click the **Convert** button.

### **Step 3**

After clicking the Convert button, you will view this pop-up window as shown below. Click the Confirm button to finalise your transaction.

<figure><img src="/files/4y3FHxPxdX1EIezgPgXS" alt=""><figcaption></figcaption></figure>

You have successfully converted your existing USDC into the grouped token USD at a 1:1 ratio! You can now start trading on the USD markets or commit liquidity to the liquidity pools.


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