How to Buy USD Coin (USDC) in Egypt

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

Step 1 – Join Kraken

You'll first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find USD Coin (USDC)

Once your deposit has been confirmed, you'll now have access to your assets and you can start buying and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to discover (USDC) USD Coin, you'll need to insert the cointype (USDC) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have marked this too. Click on “USDC/BTC” to proceed.

Step 4 – Purchase (USDC) USD Coin

After you've discovered USD Coin (USDC), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate USD Coin (USDC) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of USDC you like to buy. The “Total” field is the whole price in Bitcoin that you will pay for the whole amount of USDC.

If you're satisfied, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor trades their USDC for the price you introduced.

Step 5 – Withdraw USD Coin (USDC)

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the given drop-down box. Drop in the volumen of USD Coin (USDC) you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You've successfully bought and stored (USDC) USD Coin in Egypt.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe inside your wallet, you are finished.