A Step-by-Step-Guide on how to buy USD Coin (USDC) in Czechia
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your first 10 Dollar.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate USD Coin (USDC) Once your deposit has been approved, you'll directly have access to your finances and you can begin invest and trading. To buy (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. In order to discover USD Coin (USDC), you'll need to insert the shortname of the coin (USDC) into the search box, which is marked in the image. Be certain of having selected the correct pairing, we have highlighted this also. Click on “USDC/BTC” to advance.
Step 4 – Acquisition of USD Coin (USDC) Once you have found USD Coin (USDC), you will 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 going to create our Limit Order. The field with the “Price” tag will be filled with the latest price USD Coin (USDC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of USDC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of USDC. When you're satisfied, make a mouse click on “Buy USDC”. Your plan will be filled as soon as a Vender trades their USDC for the price you submitted.
Step 5 – Withdraw (USDC) USD Coin Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive time frame. To take off your (USDC) USD Coin, go to the tab called “Funds” and click on “Withdraw”. (USDC) USD Coin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Drop in the amount of USD Coin (USDC) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You could be requested for email/phone verification ahead of a take off.