How to Buy USD Coin (USDC) in Cambodia

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and receive your first ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. 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 Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate USD Coin (USDC)

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

To discover (USDC) USD Coin, you'll need to put the short name of the asset (USDC) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have highlighted this too. Click on “USDC/BTC” to advance.

Step 4 – Purchasing USD Coin (USDC)

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 picture). And now we are creating our own Limit Order.

The “Price” field will be automatically filled with the up-to-date tariff USD Coin (USDC) was traded for. You can change this to your desired price. The “Amount” field is the quantity of USDC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of USDC.

If you are happy, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Seller trades their USDC for the price you gave.

Step 5 – Withdraw USD Coin (USDC)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to take off your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the provided drop-down box. Put into the volumen of USD Coin (USDC) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully bought and safed USD Coin (USDC) in Cambodia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe inside your wallet, you are all done.