A Step-by-Step-Guide on how to buy USD Coin (USDC) in Solomon Islands
Step 1 – Join CEX.io You'll first need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (USDC) USD Coin As soon as your deposit has been approved, you will now have access to your assets and you can launch buying and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To spot USD Coin (USDC), you'll need to put the shortname of the coin (USDC) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've highlighted this too. Click on “USDC/BTC” to advance.
Step 4 – Buy (USDC) USD Coin As soon as you have discovered USD Coin (USDC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The “Price” field will be filled with the recent rate USD Coin (USDC) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of USDC you like to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of USDC. If you are satisfied, click on “Buy USDC”. Your plan will be filled as soon as a Seller sells their USDC for the price you gave.
Step 5 – Withdraw (USDC) USD Coin Unless you're trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. To withdraw your (USDC) USD Coin, go to the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the provided drop-down box. Put into the amount of (USDC) USD Coin you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be requested for verfication via email/phone before a take off.