How to Buy USD Coin (USDC) in Georgia

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

Step 1 – Join Kraken

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

Step 2 – Transfer Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (USDC) USD Coin

Once your deposit has been affirmed, you will now have access to your finances and you can initiate invest and trading. To buy USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To spot (USDC) USD Coin, you'll need to insert the cointype (USDC) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “USDC/BTC” to progress.

Step 4 – Purchase (USDC) USD Coin

As soon as you have spotted (USDC) USD Coin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order.

The “Price” field will be filled automatically with the recent valuation (USDC) USD Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of USDC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of USDC.

If you're glad, click on “Buy USDC”. Your plan will be filled when a Seller sells their USDC for the price you introduced.

Step 5 – Withdraw USD Coin (USDC)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. To take off your (USDC) USD Coin, hover over the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the provided drop-down box. Put into the volumen of (USDC) USD Coin you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you're happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You've successfully bought and stored USD Coin (USDC) in Georgia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off using Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored within your wallet, you are done.