How to Buy USD Coin (USDC) in Azerbaijan

A Step-by-Step-Guide on how to buy USD Coin (USDC) in Azerbaijan

Step 1 – Join Coinbase and recieve 10$ for free

In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting your first $10.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been affirmed, you will now have access to your assets and you can start buying and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate (USDC) USD Coin, you'll need to insert the short name of the asset (USDC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have marked this also. Click on “USDC/BTC” to progress.

Step 4 – Purchase USD Coin (USDC)

Once you have located (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date valuation (USDC) USD Coin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of USDC you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of USDC.

If you are glad, click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an longer time frame. To withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the given drop-down box. Put into the volumen of (USDC) USD Coin you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Congrats! You have successfully bought and safed USD Coin (USDC) in Azerbaijan.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored within your wallet, you are done.