How to Buy USD Coin (USDC) in Cook Islands

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

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. USD Coin (USDC) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been affirmed, you will immediately have access to your assets and you can commence invest and trading. To purchase USD Coin (USDC) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

To find USD Coin (USDC), you'll need to put the cointype (USDC) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “USDC/BTC” to continue.

Step 4 – Purchase (USDC) USD Coin

As soon as you have discovered (USDC) USD Coin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date valuation USD Coin (USDC) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of USDC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of USDC.

If you are satisfied, make a mouse click on “Buy USDC”. Your order will be filled when a Vender trades their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extensive period of time. In order to withdraw your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Congrats! You've successfully bought and stored (USDC) USD Coin in Cook Islands.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is safe within your wallet, you are finished.