A Step-by-Step-Guide on how to buy USD Coin (USDC) in Comoros
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your welcome $10.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. USD Coin (USDC) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate USD Coin (USDC) Once your deposit has been verified, you'll instantly have access to your funds and you can launch 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 locate USD Coin (USDC), 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 correct pairing, we've highlighted this also. Click on “USDC/BTC” to proceed.
Step 4 – Purchasing (USDC) USD Coin As soon as you have spotted USD Coin (USDC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The “Price” field will be filled automatically with the up-to-date tariff USD Coin (USDC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of USDC you wish to purchase. The “Total” field is the total price in Bitcoin that you'll settle for the complete quantity of USDC. When you are satisfied, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vendor sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to take off your USD Coin (USDC), hover over the tab called “Funds” and click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find USD Coin (USDC) by using the provided drop-down box. Put into the volumen of (USDC) USD Coin you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.