How to Buy USD Coin (USDC) in Gibraltar

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

Step 1 – Signup to CEX.io

You will first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been approved, you will directly have access to your funds 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 then click on “Basic”.

In order to spot (USDC) USD Coin, you'll need to put the shortname of the coin (USDC) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “USDC/BTC” to go on.

Step 4 – Acquisition of USD Coin (USDC)

Once you have located (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). Next we're going to create our Limit Order.

The “Price” field will be filled automatically with the latest valuation USD Coin (USDC) was sold for. You can change this to your desired rate. The “Amount” field is the amount of USDC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of USDC.

When you are happy, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vender trades their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

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

Locate USD Coin (USDC) by using the given drop-down box. Drop in the volumen of USD Coin (USDC) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are glad, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and safed USD Coin (USDC) in Gibraltar.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored within your wallet, you are done.