A Step-by-Step-Guide on how to buy USD Coin (USDC) in Niue
Step 1 – Signup to Kraken You'll first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an 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. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To invest in (USDC) USD Coin on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. To locate USD Coin (USDC), you will need to put the short name of the asset (USDC) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “USDC/BTC” to continue.
Step 4 – Purchase (USDC) USD Coin As soon as you've discovered (USDC) USD Coin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our Limit Order. The “Price” field will be automatically filled with the up-to-date price USD Coin (USDC) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of USDC you want to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of USDC. If you are satisfied, click on “Buy USDC”. Your plan will be filled when a Seller trades their USDC for the price you offered.
Step 5 – Withdraw (USDC) USD Coin Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extended time period. To take off your (USDC) USD Coin, go to the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the given drop-down box. Put into the volumen of (USDC) USD Coin you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.