A Step-by-Step-Guide on how to buy USD Coin (USDC) in Vanuatu
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (USDC) USD Coin Once your deposit has been verified, you'll now have access to your finances and you can begin purchasing and trading. To invest in (USDC) USD Coin on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”. To spot (USDC) USD Coin, you'll need to put the cointype (USDC) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “USDC/BTC” to proceed.
Step 4 – Purchasing (USDC) USD Coin After you have found (USDC) USD Coin, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our Limit Order. The “Price” field will be automatically filled with the most recent rate USD Coin (USDC) was traded for. This can be changed to your favoured rate. 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 amount of USDC. When you are satisfied, click on “Buy USDC”. Your order will be filled when a Vendor sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you are trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. To withdraw your USD Coin (USDC), hover over the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) 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 amount of USD Coin (USDC) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.