How to Buy USD Coin (USDC) in Chile

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

Step 1 – Signup to Kraken

You'll first need to buy one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader 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 example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been affirmed, you will immediately have access to your finances and you can initiate buying and trading. To invest in USD Coin (USDC) on Binance, you'll want to hover over the “Exchange” tab and after that mouse click on “Basic”.

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

Step 4 – Purchase (USDC) USD Coin

After you have discovered (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest rate USD Coin (USDC) was sold for. This can be changed to your favoured price. The “Amount” field is the amount of USDC you like to buy. The “Total” field is the total price in Bitcoin that you will settle for the complete quantity of USDC.

If you're happy, click on “Buy USDC”. Your plan will be filled as soon as a Seller trades their USDC for the price you offered.

Step 5 – Withdraw USD Coin (USDC)

Unless you are frequently trading, never keep your coins on an Exchange for an extended time frame. In order to take off your (USDC) USD Coin, hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the given drop-down box. Put into the quantity of USD Coin (USDC) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

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

Congratulations! You've successfully bought and safed USD Coin (USDC) in Chile.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe inside your wallet, you are all done.