A Step-by-Step-Guide on how to buy USD Coin (USDC) in Marshall Islands
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been verified, you will immediately have access to your finances and you can launch invest and trading. To purchase USD Coin (USDC) on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (USDC) USD Coin, you will need to put the cointype (USDC) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “USDC/BTC” to progress.
Step 4 – Buy (USDC) USD Coin After you've found (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're going to make our own Limit Order. The “Price” field will be filled automatically with the most up-to-date price (USDC) USD Coin was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of USDC you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete quantity of USDC. If you are happy, click on “Buy USDC”. Your plan will be filled as soon as a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw (USDC) USD Coin Unless you're regularly trading, you should never keepyour crypto on an Crypto Exchange for an longer period of time. To withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the provided drop-down box. Enter the amount of USD Coin (USDC) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.