How to Buy USD Coin (USDC) in Bosnia And Herzegovina

A Step-by-Step-Guide on how to buy USD Coin (USDC) in Bosnia And Herzegovina

Step 1 – Join Kraken

You will first need to purchase one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

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

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Find USD Coin (USDC)

As soon as your deposit has been confirmed, you'll now have access to your finances and you can begin 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 locate (USDC) USD Coin, you will need to insert the shortname of the coin (USDC) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “USDC/BTC” to go ahead.

Step 4 – Acquisition of (USDC) USD Coin

Once you've discovered (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our Limit Order.

The “Price” field will be automatically filled with the recent rate (USDC) USD Coin was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of USDC you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of USDC.

If you're glad, make a mouse click on “Buy USDC”. Your order 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 trading, best advise is not to keep your crypto on an Exchange for an extensive time period. To withdraw your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the provided drop-down box. Put into the quantity of (USDC) USD Coin you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully purchased and safed USD Coin (USDC) in Bosnia And Herzegovina.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is stored in your wallet, you are finished.