A Step-by-Step-Guide on how to buy USD Coin (USDC) in Bhutan
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been verified, you will now have access to your assets and you can commence buying and trading. To invest in USD Coin (USDC) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. In order to discover (USDC) USD Coin, you'll need to insert the shortname of the coin (USDC) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “USDC/BTC” to advance.
Step 4 – Buy USD Coin (USDC) As soon as you've found (USDC) USD Coin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The “Price” field will be filled with the latest valuation USD Coin (USDC) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of USDC you want to purchase. The “Total” field is the whole price in BTC that you will pay for the complete quantity of USDC. When you are satisfied, click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw (USDC) USD Coin Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Drop in the quantity of USD Coin (USDC) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.