How to Buy USD Coin (USDC) in Nepal

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

Step 1 – Join Kraken

You will first need to buy one of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto 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 illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been confirmed, you will directly have access to your assets and you can initiate purchasing and trading. To buy USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover USD Coin (USDC), you'll need to insert the short name of the asset (USDC) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we have highlighted this too. Click on “USDC/BTC” to proceed.

Step 4 – Purchasing USD Coin (USDC)

Once you have spotted (USDC) USD Coin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest rate (USDC) USD Coin was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of USDC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of USDC.

If you are satisfied, click on “Buy USDC”. Your order will be filled when a Vender sells their USDC for the price you introduced.

Step 5 – Withdraw (USDC) USD Coin

Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your USD Coin (USDC), go to the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the provided drop-down box. Put into the amount of USD Coin (USDC) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

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

Kudos! You have successfully bought and safed (USDC) USD Coin in Nepal.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the USD Coin (USDC) is stored within your wallet, you are finished.