A Step-by-Step-Guide on how to buy USD Coin (USDC) in Qatar
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive your first 10$.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can initiate invest and trading. To invest in USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. To discover USD Coin (USDC), you will need to put the cointype (USDC) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this also. Click on “USDC/BTC” to go ahead.
Step 4 – Acquisition of (USDC) USD Coin Once you've located (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order. The “Price” field will be filled automatically with the recent price USD Coin (USDC) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of USDC you like to purchase. The “Total” field is the whole price in BTC that you will settle for the complete amount of USDC. When you are glad, click on “Buy USDC”. Your plan will be filled as soon as a Seller sells their USDC for the price you gave.
Step 5 – Withdraw (USDC) USD Coin Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. In order to take off your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Enter the quantity of (USDC) USD Coin you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.