How to Buy USD Coin (USDC) in Namibia

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

Step 1 – Join Kraken

You'll first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate USD Coin (USDC)

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

To find USD Coin (USDC), you'll need to insert the short name of the asset (USDC) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this also. Click on “USDC/BTC” to proceed.

Step 4 – Acquisition of USD Coin (USDC)

After you have discovered USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the picture) and some 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 recent rate USD Coin (USDC) was sold for. This can be changed to your desired price. The “Amount” field is the volumen of USDC you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the whole amount of USDC.

When you're happy, click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you gave.

Step 5 – Withdraw (USDC) USD Coin

Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive time period. In order to take off your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the given drop-down box. Enter the amount of (USDC) USD Coin you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

If you are happy, click “Submit”. You may be asked for email/phone verification ahead of a take off.

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

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is safe inside your wallet, you are done.