A Step-by-Step-Guide on how to buy USD Coin (USDC) in Cameroon
Step 1 – Join CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like 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 assets and you can launch buying and trading. To purchase USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To spot USD Coin (USDC), you'll need to put the cointype (USDC) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “USDC/BTC” to advance.
Step 4 – Purchasing (USDC) USD Coin After you've discovered (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to make our Limit Order. The “Price” field will be filled with the most up-to-date tariff USD Coin (USDC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of USDC you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the whole volumen of USDC. When you're satisfied, make a mouse click on “Buy USDC”. Your plan will be filled when a Seller sells their USDC for the price you offered.
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. In order to withdraw your USD Coin (USDC), hover over the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the given drop-down box. Put into the quantity of USD Coin (USDC) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.