A Step-by-Step-Guide on how to buy USD Coin (USDC) in Algeria
Step 1 – Signup to Kraken You will first need to purchase one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and to get your first ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been affirmed, you will now have access to your funds and you can initiate buying and trading. To invest in (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate (USDC) USD Coin, you'll need to put the cointype (USDC) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “USDC/BTC” to go ahead.
Step 4 – Buying (USDC) USD Coin Once you've discovered USD Coin (USDC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order. The “Price” field will be filled automatically with the recent rate (USDC) USD Coin was sold for. This can be changed to your favoured rate. The “Amount” field is the amount of USDC you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete volumen of USDC. If you're glad, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor trades their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you're trading, never keep your coins on an Exchange for an extensive time frame. In order to withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the provided drop-down box. Drop in the amount of (USDC) USD Coin you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.