A Step-by-Step-Guide on how to buy USD Coin (USDC) in Togo
Step 1 – Join Kraken In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and to get your first Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. USD Coin (USDC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate USD Coin (USDC) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can commence buying and trading. To invest in (USDC) USD Coin on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To find USD Coin (USDC), you'll need to put the short name of the asset (USDC) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “USDC/BTC” to progress.
Step 4 – Acquisition of (USDC) USD Coin Once you have found (USDC) USD Coin, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are making our Limit Order. The field with the “Price” tag will be filled with the recent rate USD Coin (USDC) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of USDC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of USDC. When you're glad, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Seller trades their USDC for the price you offered.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. To withdraw your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the provided drop-down box. Enter the volumen of (USDC) USD Coin you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.