How to Buy USD Coin (USDC) in Iran

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

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase units 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 to get your welcome 10 Dollar.

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (USDC) USD Coin

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

In order to spot USD Coin (USDC), you'll need to put the short name of the asset (USDC) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “USDC/BTC” to go ahead.

Step 4 – Buy USD Coin (USDC)

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

The field with the “Price” tag will be filled with the most recent rate USD Coin (USDC) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of USDC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of USDC.

If you are glad, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vendor trades their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your (USDC) USD Coin, hover over the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the provided drop-down box. Enter the amount of USD Coin (USDC) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, click on “Submit”. You may be requested for email/phone verification before a take off.

Kudos! You've successfully bought and stored USD Coin (USDC) in Iran.

That's it!

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