A Step-by-Step-Guide on how to buy USD Coin (USDC) in Palau
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an example. Unsure 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, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (USDC) USD Coin As soon as your deposit has been approved, you'll immediately have access to your finances and you can start purchasing and trading. To purchase (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To locate USD Coin (USDC), you will need to insert the cointype (USDC) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “USDC/BTC” to go ahead.
Step 4 – Buying (USDC) USD Coin As soon as you have located (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff (USDC) USD Coin was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of USDC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of USDC. When you're satisfied, make a mouse click on “Buy USDC”. Your order will be filled when a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time frame. To withdraw your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the given drop-down box. Enter the amount of (USDC) USD Coin you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.