A Step-by-Step-Guide on how to buy USD Coin (USDC) in Vietnam
Step 1 – Signup to Kraken You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and receive your first Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (USDC) USD Coin Once your deposit has been affirmed, you'll immediately have access to your finances and you can initiate buying and trading. To invest in USD Coin (USDC) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”. In order to locate USD Coin (USDC), you will need to put the cointype (USDC) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “USDC/BTC” to go on.
Step 4 – Purchasing USD Coin (USDC) After you've discovered USD Coin (USDC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order. The “Price” field will be automatically filled with the recent price USD Coin (USDC) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of USDC you wish to purchase. The “Total” field is the total price in Bitcoin that you will pay for the complete quantity of USDC. If you're satisfied, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor trades their USDC for the price you introduced.
Step 5 – Withdraw USD Coin (USDC) Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer time frame. To take off your (USDC) USD Coin, go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Enter the amount of (USDC) USD Coin you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.