A Step-by-Step-Guide on how to buy USD Coin (USDC) in Brunei
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and receive your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find USD Coin (USDC) Once your deposit has been verified, you will instantly have access to your funds and you can initiate buying and trading. To invest in USD Coin (USDC) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover USD Coin (USDC), you'll need to insert the short name of the asset (USDC) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we have marked this too. Click on “USDC/BTC” to progress.
Step 4 – Buying (USDC) USD Coin After 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 (Leftside of the image). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most latest price USD Coin (USDC) was sold for. This can be changed to your preferred rate. The “Amount” field is the amount of USDC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of USDC. When you are happy, click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you offered.
Step 5 – Withdraw (USDC) USD Coin Unless you're trading, never keep your coins on an Exchange for an extensive time frame. In order to take off your (USDC) USD Coin, hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Enter the volumen of USD Coin (USDC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.