A Step-by-Step-Guide on how to buy USD Coin (USDC) in Germany
Step 1 – Signup to Kraken You'll first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (USDC) USD Coin Once your deposit has been confirmed, you will now have access to your assets and you can begin invest and trading. To purchase USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find USD Coin (USDC), you will need to put the shortname of the coin (USDC) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this too. Click on “USDC/BTC” to proceed.
Step 4 – Purchase (USDC) USD Coin After you have spotted (USDC) USD Coin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order. The “Price” field will be filled with the most recent tariff (USDC) USD Coin was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of USDC you like to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of USDC. If you're happy, click on “Buy USDC”. Your plan will be filled as soon as a Vendor trades their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange 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 securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the provided drop-down box. Drop in the quantity of USD Coin (USDC) you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.