A Step-by-Step-Guide on how to buy USD Coin (USDC) in Samoa
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first 10$.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange 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 obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find USD Coin (USDC) As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin buying and trading. To purchase (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. In order to spot USD Coin (USDC), you will need to insert the short name of the asset (USDC) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “USDC/BTC” to go ahead.
Step 4 – Buy (USDC) USD Coin As soon as you've discovered USD Coin (USDC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The “Price” field will be filled with the latest rate USD Coin (USDC) was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of USDC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of USDC. When you are happy, make a mouse click on “Buy USDC”. Your order will be filled when a Seller trades their USDC for the price you introduced.
Step 5 – Withdraw (USDC) USD Coin Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. To withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be securely stored 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 would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.