How to Buy USD Coin (USDC) in Libya

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

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome 10$.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader 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. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been approved, you'll immediately have access to your funds and you can begin buying and trading. To buy (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To locate (USDC) USD Coin, you'll need to put the shortname of the coin (USDC) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “USDC/BTC” to continue.

Step 4 – Purchase USD Coin (USDC)

Once you've found (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The “Price” field will be automatically filled with the latest valuation USD Coin (USDC) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of USDC you want to buy. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of USDC.

If you're glad, click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you offered.

Step 5 – Withdraw USD Coin (USDC)

Unless you are trading, never keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the given drop-down box. Put into the amount of (USDC) USD Coin you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is safe inside your wallet, you're finished.