A Step-by-Step-Guide on how to buy USD Coin (USDC) in Pitcairn Islands
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your first Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. USD Coin (USDC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been confirmed, you will instantly have access to your finances and you can begin invest and trading. To purchase USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. To find (USDC) USD Coin, you will need to put the short name of the asset (USDC) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “USDC/BTC” to go ahead.
Step 4 – Purchasing (USDC) USD Coin As soon as you've found (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation USD Coin (USDC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of USDC you want to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole quantity of USDC. If you're happy, click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive time frame. In order to withdraw your (USDC) USD Coin, go to the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the provided drop-down box. Drop in the quantity of (USDC) USD Coin you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.