How to Buy USD Coin (USDC) in Malta

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and receive your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. USD Coin (USDC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been affirmed, you'll immediately have access to your assets and you can start invest and trading. To invest in USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to locate (USDC) USD Coin, you will need to put the short name of the asset (USDC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this too. Click on “USDC/BTC” to advance.

Step 4 – Purchase USD Coin (USDC)

As soon as you have discovered (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order.

The field with the “Price” tag will be filled with the latest rate (USDC) USD Coin was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of USDC you wish to purchase. The “Total” field is the total price in BTC that you will settle for the whole quantity of USDC.

If you're happy, make a mouse click on “Buy USDC”. Your order will be filled when a Seller sells their USDC for the price you gave.

Step 5 – Withdraw (USDC) USD Coin

Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. In order to take off your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the provided drop-down box. Enter the quantity of USD Coin (USDC) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and stored USD Coin (USDC) in Malta.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (USDC) USD Coin is stored within your wallet, you're done.