A Step-by-Step-Guide on how to buy USD Coin (USDC) in Saint Kitts And Nevis
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your first BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate USD Coin (USDC) Once your deposit has been verified, you'll instantly have access to your funds and you can initiate purchasing and trading. To buy USD Coin (USDC) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “USDC/BTC” to continue.
Step 4 – Acquisition of USD Coin (USDC) Once you have found (USDC) USD Coin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The “Price” field will be automatically filled with the most recent rate USD Coin (USDC) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of USDC you wish to buy. The “Total” field is the total price in BTC that you'll pay for the whole amount of USDC. When you're happy, click on “Buy USDC”. Your plan will be filled when a Vendor sells their USDC for the price you gave.
Step 5 – Withdraw (USDC) USD Coin Unless you are regularly trading, never keep your coins on an Exchange for an extended time period. In order to withdraw your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Drop in the volumen of (USDC) USD Coin you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.