How to Buy USD Coin (USDC) in Sweden

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

Step 1 – Signup to Kraken

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum or Bitcoin to an Exchange

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

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate USD Coin (USDC)

As soon as your deposit has been confirmed, you will now have access to your funds and you can launch purchasing and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search box, which is marked in the image. Be certain of having selected the correct grouping, we have highlighted this also. Click on “USDC/BTC” to continue.

Step 4 – Purchasing (USDC) USD Coin

As soon as you have spotted USD Coin (USDC), you'll be given a Chart with Prices (in the Center of the picture) and a few 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 recent tariff (USDC) USD Coin was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of USDC you wish to buy. The “Total” field is the aggregated price in BTC that you'll pay for the whole volumen of USDC.

When you're satisfied, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor sells their USDC for the price you offered.

Step 5 – Withdraw (USDC) USD Coin

Unless you are frequently trading, never keep your crypto on an Exchange for an extended period of time. In order to take off your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the given drop-down box. Enter the volumen of (USDC) USD Coin you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.

Kudos! You've successfully bought and safed USD Coin (USDC) in Sweden.

That's it!

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