A Step-by-Step-Guide on how to buy USD Coin (USDC) in Tuvalu
Step 1 – Signup to CEX.io You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been affirmed, you'll directly have access to your funds and you can launch invest and trading. To invest in (USDC) USD Coin on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate USD Coin (USDC), you will need to put the short name of the asset (USDC) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “USDC/BTC” to go on.
Step 4 – Buy USD Coin (USDC) Once you have found USD Coin (USDC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The “Price” field will be filled automatically with the most up-to-date tariff (USDC) USD Coin was sold for. You can change this to your preferred price. The “Amount” field is the amount of USDC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of USDC. When you're happy, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vender sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. To take off your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the provided drop-down box. Drop in the quantity of USD Coin (USDC) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.