How to Buy USD Coin (USDC) in Bolivia

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

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (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 Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been confirmed, you'll now have access to your assets and you can initiate invest and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

To find (USDC) USD Coin, you will need to put the shortname of the coin (USDC) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “USDC/BTC” to progress.

Step 4 – Acquisition of USD Coin (USDC)

As soon as you've located (USDC) USD Coin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). For now we are creating our Limit Order.

The “Price” field will be automatically filled with the up-to-date valuation USD Coin (USDC) was traded for. You can change this to your favoured price. The “Amount” field is the volumen of USDC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of USDC.

If you are glad, click on “Buy USDC”. Your plan will be filled as soon as a Seller sells their USDC for the price you gave.

Step 5 – Withdraw USD Coin (USDC)

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the provided drop-down box. Enter the amount of USD Coin (USDC) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you are happy, click on “Submit”. You may be asked for phone/email verification before a take off.

Kudos! You have successfully bought and stored (USDC) USD Coin in Bolivia.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the USD Coin (USDC) is stored within your wallet, you're finished.