A Step-by-Step-Guide on how to buy USD Coin (USDC) in Chad
Step 1 – Join CEX.io You'll first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find USD Coin (USDC) Once your deposit has been confirmed, you will now have access to your assets and you can commence purchasing and trading. To buy USD Coin (USDC) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to discover (USDC) USD Coin, you will need to put the cointype (USDC) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've highlighted this too. Click on “USDC/BTC” to advance.
Step 4 – Purchase (USDC) USD Coin Once you've found (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're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation USD Coin (USDC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of USDC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of USDC. If you're satisfied, click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you introduced.
Step 5 – Withdraw (USDC) USD Coin Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. To take off your (USDC) USD Coin, go to the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the given drop-down box. Put into the quantity of (USDC) USD Coin you'd like to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.