A Step-by-Step-Guide on how to buy USD Coin (USDC) in Germany
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and to get your welcome 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can begin buying and trading. To buy USD Coin (USDC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover (USDC) USD Coin, you'll need to put the short name of the asset (USDC) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “USDC/BTC” to go ahead.
Step 4 – Acquisition of USD Coin (USDC) As soon as you've found (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our Limit Order. The “Price” field will be automatically filled with the recent valuation USD Coin (USDC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of USDC you like to buy. The “Total” field is the whole price in BTC that you will settle for the complete amount of USDC. If you're happy, click on “Buy USDC”. Your plan will be filled as soon as a Seller sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the given drop-down box. Put into the quantity of USD Coin (USDC) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.