A Step-by-Step-Guide on how to buy USD Coin (USDC) in Andorra
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader 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. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate USD Coin (USDC) Once your deposit has been confirmed, you will immediately have access to your assets and you can start invest and trading. To purchase USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To find USD Coin (USDC), you'll need to put the shortname of the coin (USDC) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we've highlighted this also. Click on “USDC/BTC” to progress.
Step 4 – Buy (USDC) USD Coin As soon as you've found (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order. The “Price” field will be filled with the most up-to-date rate (USDC) USD Coin was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of USDC you wish to buy. The “Total” field is the whole price in Bitcoin that you will pay for the complete quantity of USDC. If you are glad, make a mouse click on “Buy USDC”. Your order will be filled when a Vendor sells their USDC for the price you gave.
Step 5 – Withdraw (USDC) USD Coin Unless you are trading, never keep your crypto on an Crypto Trader for an extended time period. In order to withdraw your (USDC) USD Coin, go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Drop in the quantity of (USDC) USD Coin you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You could be asked for verfication via phone/email before a take off.