A Step-by-Step-Guide on how to buy USD Coin (USDC) in Cuba
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an 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 illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate USD Coin (USDC) As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can start buying and trading. To buy (USDC) USD Coin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (USDC) USD Coin, you will need to put the short name of the asset (USDC) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “USDC/BTC” to advance.
Step 4 – Buying (USDC) USD Coin After you have located USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate USD Coin (USDC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of USDC you wish to purchase. The “Total” field is the whole price in BTC that you'll pay for the complete quantity of USDC. When you are satisfied, click on “Buy USDC”. Your order will be filled as soon as a Seller sells their USDC for the price you offered.
Step 5 – Withdraw (USDC) USD Coin Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your USD Coin (USDC), hover over the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the given drop-down box. Enter the amount of (USDC) USD Coin you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.