A Step-by-Step-Guide on how to buy USD Coin (USDC) in Uganda
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate (USDC) USD Coin Once your deposit has been affirmed, you'll immediately have access to your finances and you can commence purchasing and trading. To purchase (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. To discover (USDC) USD Coin, you will need to put the short name of the asset (USDC) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this too. Click on “USDC/BTC” to progress.
Step 4 – Purchase (USDC) USD Coin As soon as you've found USD Coin (USDC), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price (USDC) USD Coin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of USDC you like to purchase. The “Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of USDC. If you are glad, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vendor sells their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, best advise is not to keep coins on an Crypto Exchange for an extended time frame. To withdraw your (USDC) USD Coin, hover over the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (USDC) USD Coin by using the given drop-down box. Put into the volumen of USD Coin (USDC) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.