How to Buy USD Coin (USDC) in Romania

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

Step 1 – Join Kraken

You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and to get your welcome Ethereum or Bitcoin.

Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate (USDC) USD Coin

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

In order to discover USD Coin (USDC), you'll need to put the short name of the asset (USDC) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “USDC/BTC” to go ahead.

Step 4 – Acquisition of (USDC) USD Coin

After you have located (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

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

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

Step 5 – Withdraw USD Coin (USDC)

Unless you are regularly trading, never keep your coins on an Crypto Exchange for an extensive time frame. In order to withdraw your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the given drop-down box. Drop in the quantity of USD Coin (USDC) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congrats! You've successfully purchased and stored USD Coin (USDC) in Romania.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is safe within your wallet, you are all done.