A Step-by-Step-Guide on how to buy USD Coin (USDC) in Cuba
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10 Dollar.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been approved, you'll now have access to your assets and you can commence buying and trading. To buy USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To locate USD Coin (USDC), you'll need to put the shortname of the coin (USDC) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this too. Click on “USDC/BTC” to go on.
Step 4 – Buy USD Coin (USDC) After you have spotted USD Coin (USDC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most recent price USD Coin (USDC) was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of USDC you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of USDC. When you are glad, click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you offered.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time frame. To take off your (USDC) USD Coin, hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Enter the quantity of (USDC) USD Coin you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.