How to Buy USD Coin (USDC) in Paraguay

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

Step 1 – Join CEX.io

You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting your welcome Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been verified, you'll instantly have access to your funds and you can initiate buying and trading. To buy (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to find 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 correct grouping, we've highlighted this also. Click on “USDC/BTC” to continue.

Step 4 – Purchasing (USDC) USD Coin

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

The field with the “Price” tag will be filled with the recent rate (USDC) USD Coin was sold for. You can change this to your preferred price. The “Amount” field is the volumen of USDC you wish to purchase. The “Total” field is the whole price in Bitcoin that you'll settle for the whole amount of USDC.

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

Step 5 – Withdraw (USDC) USD Coin

Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the provided drop-down box. Enter the volumen of (USDC) USD Coin you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and safed USD Coin (USDC) in Paraguay.

That's it!

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