How to Buy USD Coin (USDC) in Seychelles

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

Step 1 – Join Kraken

You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your welcome Bitcoin or Ethereum.

Step 2 – Transmit Your Bitcoin or Ethereum to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange 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 this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Locate (USDC) USD Coin

As soon as your deposit has been approved, you'll directly have access to your finances and you can commence purchasing and trading. To invest in (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and click on “Basic”.

In order to find USD Coin (USDC), you'll need to put the cointype (USDC) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “USDC/BTC” to go on.

Step 4 – Buying USD Coin (USDC)

Once you've located USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The “Price” field will be filled automatically with the up-to-date tariff USD Coin (USDC) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of USDC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of USDC.

If you are satisfied, make a mouse click on “Buy USDC”. Your plan will be filled when a Vender trades their USDC for the price you gave.

Step 5 – Withdraw USD Coin (USDC)

Unless you're frequently trading, best advise is not to keep crypto on an Exchange 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 stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the given drop-down box. Put into the volumen of USD Coin (USDC) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and safed USD Coin (USDC) in Seychelles.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored within your wallet, you're all done.
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