How to Buy USD Coin (USDC) in San Marino

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

Step 1 – Signup to Kraken

You'll first need to buy one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been confirmed, you will instantly have access to your funds and you can commence buying and trading. To buy (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order 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 choosen the proper pairing, we have marked this also. Click on “USDC/BTC” to advance.

Step 4 – Acquisition of (USDC) USD Coin

After you have found USD Coin (USDC), 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 creating our own Limit Order.

The “Price” field will be filled with the most latest valuation (USDC) USD Coin was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of USDC you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of USDC.

If you're glad, make a mouse click on “Buy USDC”. Your plan will be filled when a Vender sells their USDC for the price you offered.

Step 5 – Withdraw (USDC) USD Coin

Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To withdraw your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the provided drop-down box. Enter the amount of USD Coin (USDC) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully purchased and stored USD Coin (USDC) in San Marino.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored in your wallet, you're all done.