How to Buy USD Coin (USDC) in Uzbekistan

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

Step 1 – Join Kraken

You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your first ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange 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. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find USD Coin (USDC)

Once your deposit has been affirmed, you will immediately have access to your funds and you can launch purchasing and trading. To purchase USD Coin (USDC) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot USD Coin (USDC), you'll need to insert the cointype (USDC) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this also. Click on “USDC/BTC” to proceed.

Step 4 – Acquisition of USD Coin (USDC)

Once you've found (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff (USDC) USD Coin was sold for. This can be changed to your favoured rate. The “Amount” field is the volumen of USDC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of USDC.

When you are satisfied, click on “Buy USDC”. Your plan will be filled when a Vender trades their USDC for the price you offered.

Step 5 – Withdraw (USDC) USD Coin

Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extensive time frame. To withdraw your USD Coin (USDC), go to the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate USD Coin (USDC) by using the provided drop-down box. Drop in the volumen of (USDC) USD Coin you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congrats! You have successfully bought and safed (USDC) USD Coin in Uzbekistan.

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the USD Coin (USDC) is stored in your wallet, you're finished.