How to Buy USD Coin (USDC) in Guyana

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

Step 1 – Signup to CEX.io

You'll first need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get your welcome Bitcoin or Ethereum.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

Make sure you've chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been approved, you will instantly have access to your assets and you can initiate purchasing and trading. To invest in (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and click on “Basic”.

In order to discover (USDC) USD Coin, you will need to insert the short name of the asset (USDC) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “USDC/BTC” to advance.

Step 4 – Acquisition of USD Coin (USDC)

After you have spotted (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation USD Coin (USDC) was sold for. You can change this to your desired price. The “Amount” field is the amount of USDC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity 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 submitted.

Step 5 – Withdraw USD Coin (USDC)

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

Locate USD Coin (USDC) by using the provided drop-down box. Enter the volumen of (USDC) USD Coin you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Congratulations! You have successfully purchased and safed USD Coin (USDC) in Guyana.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored inside your wallet, you are done.