How to Buy USD Coin (USDC) in Curaçao

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your first Bitcoin or Ethereum.

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. USD Coin (USDC) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate USD Coin (USDC)

As soon as your deposit has been approved, you will instantly have access to your finances and you can begin invest and trading. To buy USD Coin (USDC) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

In order to locate USD Coin (USDC), you'll need to put the shortname of the coin (USDC) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “USDC/BTC” to go on.

Step 4 – Buy USD Coin (USDC)

After you've found USD Coin (USDC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are going to create our Limit Order.

The “Price” field will be filled automatically with the most up-to-date rate USD Coin (USDC) was sold for. This can be changed to your desired rate. The “Amount” field is the quantity of USDC you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole quantity of USDC.

When you're happy, make a mouse 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 (USDC) USD Coin

Unless you are trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. To take off your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the given drop-down box. Put into the amount of USD Coin (USDC) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you are glad, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully purchased and stored USD Coin (USDC) in Curaçao.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored within your wallet, you're done.