A Step-by-Step-Guide on how to buy USD Coin (USDC) in Liechtenstein
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your welcome Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find USD Coin (USDC) Once your deposit has been approved, you'll now have access to your finances and you can commence buying and trading. To buy (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot (USDC) USD Coin, you'll need to put the shortname of the coin (USDC) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have marked this also. Click on “USDC/BTC” to go on.
Step 4 – Purchase (USDC) USD Coin As soon as you have spotted (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price USD Coin (USDC) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of USDC you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of USDC. If you're happy, 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 USD Coin (USDC) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. To withdraw your (USDC) USD Coin, go to the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Put into the quantity of (USDC) USD Coin you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.