How to Buy USD Coin (USDC) in Greenland

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

Step 1 – Join Kraken

You will first need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your first BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin 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're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been confirmed, you'll immediately have access to your funds and you can commence invest and trading. To purchase USD Coin (USDC) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

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

Step 4 – Purchasing USD Coin (USDC)

After you have discovered USD Coin (USDC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order.

The “Price” field will be filled automatically with the most recent valuation USD Coin (USDC) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of USDC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of USDC.

When you are happy, make a mouse click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (USDC) USD Coin, hover over the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Kudos! You've successfully purchased and stored (USDC) USD Coin in Greenland.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored within your wallet, you're finished.