A Step-by-Step-Guide on how to buy USD Coin (USDC) in Central African Republic
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your welcome Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an 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 sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been affirmed, you'll directly have access to your funds and you can launch purchasing and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order 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 graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “USDC/BTC” to advance.
Step 4 – Acquisition of (USDC) USD Coin As soon as you have located USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our Limit Order. The “Price” field will be filled automatically with the most latest price (USDC) USD Coin was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of USDC you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of USDC. If you're happy, make a mouse click on “Buy USDC”. Your plan will be filled when a Vendor sells their USDC for the price you introduced.
Step 5 – Withdraw (USDC) USD Coin Unless you are regularly trading, never keep your crypto on an Crypto Trader for an longer time period. In order to take off your (USDC) USD Coin, hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the given drop-down box. Drop in the amount of (USDC) USD Coin you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.