How to Buy USD Coin (USDC) in Portugal

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

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Ethereum or Bitcoin.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been affirmed, you'll directly have access to your finances and you can begin purchasing and trading. To purchase USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”.

In order to find (USDC) USD Coin, you will need to put the shortname of the coin (USDC) into the search box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this also. Click on “USDC/BTC” to proceed.

Step 4 – Buying (USDC) USD Coin

After you've discovered (USDC) USD Coin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to create our Limit Order.

The “Price” field will be filled automatically with the most up-to-date tariff (USDC) USD Coin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of USDC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of USDC.

When you're glad, click on “Buy USDC”. Your plan will be filled as soon as a Vender sells their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. To take off your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the given drop-down box. Put into the volumen of USD Coin (USDC) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and stored USD Coin (USDC) in Portugal.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is safe within your wallet, you're finished.