A Step-by-Step-Guide on how to buy USD Coin (USDC) in Armenia
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum or 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're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate USD Coin (USDC) As soon as your deposit has been verified, you'll immediately have access to your assets and you can initiate invest and trading. To buy (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To locate (USDC) USD Coin, you will need to insert the short name of the asset (USDC) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we've marked this also. Click on “USDC/BTC” to go on.
Step 4 – Purchasing (USDC) USD Coin As soon as you have found USD Coin (USDC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are making our Limit Order. The “Price” field will be filled automatically with the up-to-date tariff (USDC) USD Coin was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of USDC you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of USDC. If you're satisfied, click on “Buy USDC”. Your plan 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 frequently trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your (USDC) USD Coin, go to the tab called “Funds” 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 provided drop-down box. Enter the quantity of (USDC) USD Coin you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.