A Step-by-Step-Guide on how to buy USD Coin (USDC) in Madagascar
Step 1 – Join CEX.io You'll first need to purchase one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the correct coin you would like 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, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (USDC) USD Coin As soon as your deposit has been confirmed, you will now have access to your funds and you can launch purchasing and trading. To invest in USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover USD Coin (USDC), you will need to put the short name of the asset (USDC) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've marked this also. Click on “USDC/BTC” to continue.
Step 4 – Buying USD Coin (USDC) After you've found (USDC) USD Coin, you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the latest price USD Coin (USDC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of USDC you like to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the whole quantity of USDC. If you're satisfied, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an longer period of time. In order to withdraw your (USDC) USD Coin, go to the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Drop in the amount of USD Coin (USDC) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You may be asked for email/phone verification before a withdrawal.