How to Buy USD Coin (USDC) in Honduras

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

Step 1 – Join Kraken

You'll first need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your first Bitcoin or Ethereum.

Step 2 – Transfer Your Ethereum or Bitcoin 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 identical. USD Coin (USDC) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been confirmed, you'll now have access to your funds and you can launch buying and trading. To purchase (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

In order to locate (USDC) USD Coin, you'll need to put the short name of the asset (USDC) into the search box, which is marked in the picture. Be certain of having choosen the correct grouping, we have marked this also. Click on “USDC/BTC” to continue.

Step 4 – Purchase USD Coin (USDC)

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

The “Price” field will be filled with the recent rate (USDC) USD Coin was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of USDC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of USDC.

If you are glad, click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you offered.

Step 5 – Withdraw (USDC) USD Coin

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. To take off your USD Coin (USDC), go to the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate 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 minimus/fees. Also make sure you have entered your correct withdraw address.

If you're satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.

Congrats! You've successfully bought and safed (USDC) USD Coin in Honduras.

That's it!

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