A Step-by-Step-Guide on how to buy USD Coin (USDC) in Japan
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate USD Coin (USDC) As soon as your deposit has been affirmed, you will now have access to your funds and you can launch buying and trading. To buy (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”. In order to spot (USDC) USD Coin, you'll need to put the cointype (USDC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “USDC/BTC” to proceed.
Step 4 – Purchasing (USDC) USD Coin After you have found (USDC) USD Coin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to create our Limit Order. The “Price” field will be filled with the latest price (USDC) USD Coin was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of USDC you wish to buy. The “Total” field is the total price in BTC that you'll settle for the complete amount of USDC. If you're happy, click on “Buy USDC”. Your plan will be filled when a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your USD Coin (USDC), hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Enter the amount of USD Coin (USDC) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.