How to Buy USD Coin (USDC) in Sao Tome And Principe

A Step-by-Step-Guide on how to buy USD Coin (USDC) in Sao Tome And Principe

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To purchase USD Coin (USDC) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To locate USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we have marked this too. Click on “USDC/BTC” to progress.

Step 4 – Buying (USDC) USD Coin

Once you have located (USDC) USD Coin, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our Limit Order.

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

When you're happy, make a mouse click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you submitted.

Step 5 – Withdraw USD Coin (USDC)

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extensive time period. To withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the provided drop-down box. Put into the quantity of USD Coin (USDC) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congratulations! You've successfully purchased and stored USD Coin (USDC) in Sao Tome And Principe.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is safe inside your wallet, you are all done.