How to Buy USD Coin (USDC) in Ireland

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

Step 1 – Signup to CEX.io

You will first need to buy one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and getting your welcome Bitcoin or Ethereum.

Step 2 – Send Your Funds to an Exchange

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

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find USD Coin (USDC)

As soon as your deposit has been affirmed, you will immediately have access to your assets and you can begin invest and trading. To buy (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to spot USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search box, which is highlighted in the image. Be certain of having selected the correct pairing, we have marked this also. Click on “USDC/BTC” to advance.

Step 4 – Buy USD Coin (USDC)

As soon as you have located (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to create our Limit Order.

The “Price” field will be filled automatically with the most latest valuation (USDC) USD Coin was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of USDC you like to purchase. The “Total” field is the whole price in BTC that you'll pay for the whole amount of USDC.

When you're happy, click on “Buy USDC”. Your plan will be filled when a Vender trades their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (USDC) USD Coin, go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the provided drop-down box. Drop in the volumen of (USDC) USD Coin you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully purchased and stored (USDC) USD Coin in Ireland.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (USDC) USD Coin is stored within your wallet, you are all done.