How to Buy USD Coin (USDC) in Guinea-Bissau

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto 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 funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (USDC) USD Coin

Once your deposit has been approved, you'll directly have access to your finances and you can start invest and trading. To purchase USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to spot (USDC) USD Coin, you will need to put the shortname of the coin (USDC) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we've highlighted this also. Click on “USDC/BTC” to progress.

Step 4 – Purchasing USD Coin (USDC)

After you have spotted (USDC) USD Coin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The “Price” field will be filled automatically with the up-to-date tariff 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 like to buy. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of USDC.

When you are satisfied, click on “Buy USDC”. Your plan will be filled when a Seller sells their USDC for the price you submitted.

Step 5 – Withdraw (USDC) USD Coin

Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your USD Coin (USDC), hover over the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the provided drop-down box. Drop in the quantity of (USDC) USD Coin you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You have successfully bought and safed (USDC) USD Coin in Guinea-Bissau.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe inside your wallet, you are all done.