How to Buy USD Coin (USDC) in Brazil

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

Step 1 – Signup to Kraken

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

Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find USD Coin (USDC)

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

To spot USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “USDC/BTC” to continue.

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 image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order.

The “Price” field will be filled automatically with the most 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 field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of USDC.

If you are glad, click on “Buy USDC”. Your plan will be filled when a Vendor sells their USDC for the price you offered.

Step 5 – Withdraw USD Coin (USDC)

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

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

When you are happy, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congratulations! You have successfully purchased and stored USD Coin (USDC) in Brazil.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored inside your wallet, you're all done.