A Step-by-Step-Guide on how to buy USD Coin (USDC) in Guinea-Bissau
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome 10 Dollar.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been verified, you will immediately have access to your finances and you can commence buying and trading. To purchase USD Coin (USDC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot USD Coin (USDC), you'll need to insert the short name of the asset (USDC) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “USDC/BTC” to progress.
Step 4 – Purchasing USD Coin (USDC) After you have discovered (USDC) USD Coin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the recent valuation USD Coin (USDC) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of USDC you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of USDC. If you are happy, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Seller trades their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you're trading, never keep your crypto on an Crypto Exchange for an extensive time frame. In order to take off your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Drop in the volumen of (USDC) USD Coin you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.