A Step-by-Step-Guide on how to buy USD Coin (USDC) in Lesotho
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been affirmed, you will instantly have access to your funds and you can start purchasing and trading. To purchase (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. To locate USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this also. Click on “USDC/BTC” to proceed.
Step 4 – Purchase (USDC) USD Coin After you've located USD Coin (USDC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're creating our Limit Order. The “Price” field will be filled with the most recent rate USD Coin (USDC) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of USDC you wish to buy. The “Total” field is the whole price in BTC that you'll pay for the complete amount of USDC. When you are satisfied, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vendor sells their USDC for the price you offered.
Step 5 – Withdraw USD Coin (USDC) Unless you're trading, you should never keepyour coins on an Exchange for an extended time period. In order to withdraw your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the provided drop-down box. Put into the volumen of USD Coin (USDC) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.