A Step-by-Step-Guide on how to buy USD Coin (USDC) in Saint Vincent And The Grenadines
Step 1 – Join Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been verified, you will instantly have access to your funds and you can begin invest and trading. To invest in (USDC) USD Coin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To find USD Coin (USDC), you'll need to put the short name of the asset (USDC) into the search box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “USDC/BTC” to go on.
Step 4 – Purchase (USDC) USD Coin After you've spotted (USDC) USD Coin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're making our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date valuation USD Coin (USDC) was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of USDC you wish to buy. The “Total” field is the whole price in Bitcoin that you'll pay for the complete amount of USDC. When you are glad, click on “Buy USDC”. Your plan will be filled as soon as a Seller trades their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are trading, never keep your crypto coins on an Crypto Trader for an longer period of time. In order to take off your (USDC) USD Coin, go to the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Drop in the volumen of (USDC) USD Coin you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You could be requested for phone/email verification before a take off.