How to Buy USD Coin (USDC) in Maldives

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

Step 1 – Join CEX.io

You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your first Bitcoin or Ethereum.

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been affirmed, you'll now have access to your funds and you can start purchasing and trading. To purchase USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To discover USD Coin (USDC), you will need to insert the shortname of the coin (USDC) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've marked this also. Click on “USDC/BTC” to proceed.

Step 4 – Buy USD Coin (USDC)

As soon as you've spotted (USDC) USD Coin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date rate USD Coin (USDC) was sold for. You can change this to your preferred price. The “Amount” field is the amount of USDC you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of USDC.

If you're glad, make a mouse 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 (USDC) USD Coin

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time period. 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 amount of USD Coin (USDC) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.

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

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the USD Coin (USDC) is stored inside your wallet, you are all done.