How to Buy USD Coin (USDC) in Suriname

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get your first Ethereum or Bitcoin.

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

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

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find USD Coin (USDC)

As soon as your deposit has been affirmed, you will directly have access to your finances and you can start invest and trading. To purchase (USDC) USD Coin 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 will need to put the shortname of the coin (USDC) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “USDC/BTC” to proceed.

Step 4 – Buy (USDC) USD Coin

Once you have found (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date price (USDC) USD Coin was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of USDC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of USDC.

When you are glad, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vendor trades their USDC for the price you submitted.

Step 5 – Withdraw (USDC) USD Coin

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your USD Coin (USDC), go to the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the provided drop-down box. Drop in the amount of (USDC) USD Coin you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

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

Kudos! You have successfully purchased and stored (USDC) USD Coin in Suriname.

That's it!

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