A Step-by-Step-Guide on how to buy USD Coin (USDC) in Hong Kong
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10$.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate (USDC) USD Coin As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can start purchasing and trading. To invest in (USDC) USD Coin on Binance, you'll want to go to the “Exchange” tab and click on “Basic”. In order to discover (USDC) USD Coin, you will need to put the short name of the asset (USDC) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've marked this too. Click on “USDC/BTC” to continue.
Step 4 – Purchase (USDC) USD Coin Once you've spotted USD Coin (USDC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation (USDC) USD Coin was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of USDC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of USDC. When you are happy, click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended time frame. To withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the provided drop-down box. Drop in the amount of USD Coin (USDC) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be requested for email/phone verification before a withdrawal.