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 Coinbase – Get Free $10

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

Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate (USDC) USD Coin

As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin buying and trading. To purchase (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To locate USD Coin (USDC), you will need to insert the short name of the asset (USDC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “USDC/BTC” to go on.

Step 4 – Buy (USDC) USD Coin

Once you have spotted USD Coin (USDC), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are making our Limit Order.

The “Price” field will be filled with the most recent tariff USD Coin (USDC) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of USDC you like to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete quantity of USDC.

If you are happy, click on “Buy USDC”. Your plan will be filled as soon as a Vendor sells their USDC for the price you offered.

Step 5 – Withdraw USD Coin (USDC)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To take off your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

Congrats! You've successfully purchased and stored USD Coin (USDC) in Cambodia.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe within your wallet, you are finished.