A Step-by-Step-Guide on how to buy USD Coin (USDC) in Botswana
Step 1 – Signup to Kraken You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum 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 similar. USD Coin (USDC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been affirmed, you will now have access to your assets and you can launch invest and trading. To purchase (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. To spot (USDC) USD Coin, you will need to insert the short name of the asset (USDC) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “USDC/BTC” to progress.
Step 4 – Acquisition of (USDC) USD Coin After you have discovered USD Coin (USDC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we are creating our Limit Order. The field with the “Price” tag will be filled with the most latest rate (USDC) USD Coin was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of USDC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of USDC. If you're happy, make a mouse click on “Buy USDC”. Your plan will be filled when a Vender sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the given drop-down box. Put into the volumen of USD Coin (USDC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone before a take off.