How to Buy USD Coin (USDC) in Brunei

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase units of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your welcome 10$.

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency 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 example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been approved, you'll now have access to your funds and you can begin invest and trading. To purchase (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

To spot (USDC) USD Coin, you'll need to insert the short name of the asset (USDC) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “USDC/BTC” to go on.

Step 4 – Acquisition of USD Coin (USDC)

After you have spotted (USDC) USD Coin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order.

The “Price” field will be filled with the latest tariff (USDC) USD Coin was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of USDC you want to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the complete volumen of USDC.

If you're happy, click on “Buy USDC”. Your order will be filled as soon as a Seller sells their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extended time frame. To take off your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the provided drop-down box. Enter the amount of USD Coin (USDC) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You've successfully bought and stored USD Coin (USDC) in Brunei.

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the USD Coin (USDC) is safe within your wallet, you are finished.