How to Buy USD Coin (USDC) in Burkina Faso

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

Step 1 – Join CEX.io

You'll first need to buy one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get your first Ethereum or Bitcoin.

Step 2 – Send Your Funds to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. USD Coin (USDC) is accessible 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 these easy steps)

Make sure you've chosen the right coin you wish to deposit.

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

Step 3 – Locate (USDC) USD Coin

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

In order to find USD Coin (USDC), you will need to insert the cointype (USDC) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we have highlighted this also. Click on “USDC/BTC” to go ahead.

Step 4 – Buying USD Coin (USDC)

After you've found (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the up-to-date tariff (USDC) USD Coin was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of USDC you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of USDC.

When you're satisfied, make a mouse click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you gave.

Step 5 – Withdraw (USDC) USD Coin

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. In order to withdraw your (USDC) USD Coin, go to the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the given drop-down box. Put into the volumen of (USDC) USD Coin you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're satisfied, click on “Submit”. You may be asked for email/phone verification before a take off.

Kudos! You have successfully bought and safed (USDC) USD Coin in Burkina Faso.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored in your wallet, you're done.