A Step-by-Step-Guide on how to buy USD Coin (USDC) in Swaziland
Step 1 – Signup to CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your welcome Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. 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 how-to) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate USD Coin (USDC) Once your deposit has been affirmed, you will directly have access to your funds and you can start buying and trading. To purchase USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to spot (USDC) USD Coin, you'll need to insert the short name of the asset (USDC) into the search box, which is marked in the image. Be certain of having selected the right pairing, we've highlighted this too. Click on “USDC/BTC” to continue.
Step 4 – Buying USD Coin (USDC) Once you've found (USDC) USD Coin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the most up-to-date rate (USDC) USD Coin was sold for. You can change this to your preferred price. The “Amount” field is the amount of USDC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of USDC. When you are glad, click on “Buy USDC”. Your order will be filled when a Seller sells their USDC for the price you offered.
Step 5 – Withdraw (USDC) USD Coin Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your USD Coin (USDC), go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the provided drop-down box. Enter the amount of (USDC) USD Coin you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.