How to Buy USD Coin (USDC) in Burma

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

Step 1 – Join Kraken

You'll first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your first Ethereum or Bitcoin.

Step 2 – Transfer Your Ethereum or Bitcoin 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 alike. USD Coin (USDC) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

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

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

Step 3 – Locate USD Coin (USDC)

As soon as your deposit has been approved, you'll immediately have access to your finances and you can begin buying and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find (USDC) USD Coin, you'll need to put the cointype (USDC) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have highlighted this too. Click on “USDC/BTC” to go on.

Step 4 – Buying USD Coin (USDC)

After you have spotted (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our Limit Order.

The “Price” field will be automatically filled with the recent rate (USDC) USD Coin was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of USDC you want to buy. The field with the “Total” tag is the aggregated price in BTC 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 as soon as a Vender trades their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

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

Find (USDC) USD Coin by using the given drop-down box. Enter the volumen of USD Coin (USDC) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Kudos! You have successfully bought and stored (USDC) USD Coin in Burma.

That's it!

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