How to Buy USD Coin (USDC) in Indonesia

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

Step 1 – Join Kraken

You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find USD Coin (USDC)

As soon as your deposit has been approved, you will now have access to your finances and you can launch invest and trading. To buy (USDC) USD Coin on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

In order to locate USD Coin (USDC), you will need to put the cointype (USDC) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've marked this also. Click on “USDC/BTC” to proceed.

Step 4 – Purchasing (USDC) USD Coin

Once you have spotted USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order.

The field with the “Price” tag will be filled with the latest rate (USDC) USD Coin was traded for. You can change this to your favoured price. The “Amount” field is the amount of USDC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of USDC.

If you're happy, click on “Buy USDC”. Your plan will be filled when a Seller sells their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

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

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

When you're happy, click “Submit”. You could be requested for verfication via email/phone before a take off.

Congratulations! You have successfully purchased and stored USD Coin (USDC) in Indonesia.

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored inside your wallet, you are all done.