How to Buy USD Coin (USDC) in Kiribati

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

Step 1 – Join Kraken

You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your first Ethereum or Bitcoin.

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the exact coin you would like 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 using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate (USDC) USD Coin

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

In order to discover USD Coin (USDC), you'll need to insert the cointype (USDC) into the search-box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “USDC/BTC” to go on.

Step 4 – Buying USD Coin (USDC)

As soon as you've spotted (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff (USDC) USD Coin was traded for. You can change this to your favoured price. The “Amount” field is the volumen of USDC you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of USDC.

When you are satisfied, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Seller sells their USDC for the price you offered.

Step 5 – Withdraw USD Coin (USDC)

Unless you're trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To take off your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the given drop-down box. Put into the quantity of (USDC) USD Coin you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You may be asked for email/phone verification before a take off.

Kudos! You have successfully purchased and safed (USDC) USD Coin in Kiribati.

That's it!

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