How to Buy USD Coin (USDC) in Panama

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

Step 1 – Signup to CEX.io

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin 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, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (USDC) USD Coin

Once your deposit has been confirmed, you will instantly have access to your assets and you can start buying and trading. To purchase (USDC) USD Coin on Binance, you'll want to go to the “Exchange” tab and then click on “Basic”.

To find USD Coin (USDC), you'll need to insert the cointype (USDC) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “USDC/BTC” to advance.

Step 4 – Acquisition of (USDC) USD Coin

After you have spotted (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price (USDC) USD Coin was traded for. You can change this to your favoured price. The “Amount” field is the amount of USDC you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of USDC.

If you are glad, click on “Buy USDC”. Your order will be filled as soon as a Vendor sells their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended 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 (USDC) USD Coin by using the given drop-down box. Put into the volumen of (USDC) USD Coin you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address.

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

Kudos! You have successfully purchased and stored USD Coin (USDC) in Panama.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe within your wallet, you are finished.