How to Buy USD Coin (USDC) in Ukraine

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

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome Ethereum or Bitcoin.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) 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 sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find (USDC) USD Coin

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can launch purchasing and trading. To buy USD Coin (USDC) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

To locate (USDC) USD Coin, you will need to put the cointype (USDC) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “USDC/BTC” to progress.

Step 4 – Purchasing (USDC) USD Coin

After you have discovered USD Coin (USDC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest rate USD Coin (USDC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of USDC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of USDC.

When you are happy, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you gave.

Step 5 – Withdraw USD Coin (USDC)

Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (USDC) USD Coin, go to the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (USDC) USD Coin by using the given drop-down box. Enter the volumen of USD Coin (USDC) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Kudos! You have successfully bought and stored (USDC) USD Coin in Ukraine.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (USDC) USD Coin is safe in your wallet, you are all done.