A Step-by-Step-Guide on how to buy USD Coin (USDC) in Namibia
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (USDC) USD Coin Once your deposit has been confirmed, you'll now have access to your finances and you can start purchasing and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and 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 graphic. Be certain of having selected the proper grouping, we have highlighted this too. Click on “USDC/BTC” to advance.
Step 4 – Buying (USDC) USD Coin As soon as you've discovered USD Coin (USDC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The “Price” field will be filled automatically with the most recent valuation USD Coin (USDC) was traded for. This can be changed to your favoured rate. The “Amount” field is the quantity of USDC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of USDC. If you are satisfied, make a mouse click on “Buy USDC”. Your order will be filled when a Vendor trades their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, never keep your coins on an Crypto Trader for an extensive time period. In order to take off your USD Coin (USDC), go to the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Drop in the quantity of (USDC) USD Coin you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.