How to Buy USD Coin (USDC) in New Caledonia

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and to get your welcome Ethereum or Bitcoin.

Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

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

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can commence buying and trading. To invest in (USDC) USD Coin on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

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

Step 4 – Buying (USDC) USD Coin

Once you've found (USDC) USD Coin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are creating our Limit Order.

The “Price” field will be automatically filled with the recent price (USDC) USD Coin was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of USDC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete amount of USDC.

If you're satisfied, make a mouse click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you submitted.

Step 5 – Withdraw (USDC) USD Coin

Unless you're trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the given drop-down box. Drop in the quantity of USD Coin (USDC) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.

Congrats! You have successfully purchased and stored USD Coin (USDC) in New Caledonia.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the USD Coin (USDC) is safe inside your wallet, you're all done.