A Step-by-Step-Guide on how to buy USD Coin (USDC) in Montenegro
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can start buying and trading. To buy (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find USD Coin (USDC), you will need to insert the cointype (USDC) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this too. Click on “USDC/BTC” to proceed.
Step 4 – Buying USD Coin (USDC) As soon as you have found (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation USD Coin (USDC) was traded for. This can be changed to your favoured price. The “Amount” field is the amount of USDC you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of USDC. If you're satisfied, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vendor sells their USDC for the price you offered.
Step 5 – Withdraw (USDC) USD Coin Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time period. To take off your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the given drop-down box. Drop in the amount of (USDC) USD Coin you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.