A Step-by-Step-Guide on how to buy USD Coin (USDC) in China
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your welcome $10.
Step 2 – Transmit Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been affirmed, you'll now have access to your funds and you can start buying and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. To find USD Coin (USDC), you will need to insert the cointype (USDC) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we've highlighted this also. Click on “USDC/BTC” to advance.
Step 4 – Buying USD Coin (USDC) Once you have discovered (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled with the up-to-date price USD Coin (USDC) was sold for. This can be changed to your favoured price. The “Amount” field is the quantity of USDC you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of USDC. When you are satisfied, click on “Buy USDC”. Your order will be filled as soon as a Vender trades their USDC for the price you offered.
Step 5 – Withdraw USD Coin (USDC) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended period of time. To take off your (USDC) USD Coin, hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the provided drop-down box. Drop in the volumen of (USDC) USD Coin you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.