A Step-by-Step-Guide on how to buy USD Coin (USDC) in French Polynesia
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (USDC) USD Coin As soon as your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To purchase USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To discover (USDC) USD Coin, you will need to put the shortname of the coin (USDC) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “USDC/BTC” to continue.
Step 4 – Purchasing USD Coin (USDC) As soon as you have spotted USD Coin (USDC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are going to make our Limit Order. The “Price” field will be automatically filled with the most recent tariff USD Coin (USDC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of USDC you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of USDC. If you are glad, click on “Buy USDC”. Your plan will be filled when a Vender trades their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended period of time. To withdraw your (USDC) USD Coin, go to the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the provided drop-down box. Enter the amount of (USDC) USD Coin you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.