A Step-by-Step-Guide on how to buy USD Coin (USDC) in Denmark
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the precise coin you want 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 dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can initiate invest and trading. To buy (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to discover (USDC) USD Coin, you will need to insert the shortname of the coin (USDC) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we've highlighted this also. Click on “USDC/BTC” to go ahead.
Step 4 – Purchasing USD Coin (USDC) As soon as you've found USD Coin (USDC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest price USD Coin (USDC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of USDC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of USDC. If you are satisfied, click on “Buy USDC”. Your order will be filled when a Seller trades their USDC for the price you submitted.
Step 5 – Withdraw (USDC) USD Coin Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extensive period of time. In order to take off your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Enter the quantity of (USDC) USD Coin you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.