How to Buy USD Coin (USDC) in Sierra Leone

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

Step 1 – Signup to Kraken

You will first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome Ethereum or Bitcoin.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange

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

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (USDC) USD Coin

Once your deposit has been affirmed, you'll instantly have access to your funds and you can launch buying and trading. To buy USD Coin (USDC) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to find USD Coin (USDC), you'll need to insert the short name of the asset (USDC) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “USDC/BTC” to progress.

Step 4 – Buying (USDC) USD Coin

After you have spotted USD Coin (USDC), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our Limit Order.

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

If you are glad, click on “Buy USDC”. Your plan will be filled when a Vendor 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 coins on an Cryptocurrency Exchange for an longer time period. To withdraw your USD Coin (USDC), hover over the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the given drop-down box. Put into the volumen of (USDC) USD Coin you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congrats! You've successfully purchased and safed USD Coin (USDC) in Sierra Leone.

That's it!

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