How to Buy USD Coin (USDC) in Honduras

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

Step 1 – Signup to CoinbaseGet Free $10

You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting your first 10$.

Step 2 – Send Your Ethereum or Bitcoin to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. USD Coin (USDC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been confirmed, you will now have access to your finances and you can launch purchasing and trading. To buy USD Coin (USDC) on Binance, you will want to hover over the tab which is calledExchangeand click onBasic”.

To locate USD Coin (USDC), you will need to insert the shortname of the coin (USDC) into the search-box, which is marked in the image. Be certain of having choosen the proper grouping, we have highlighted this also. Click onUSDC/BTCto proceed.

Step 4 – Acquisition of USD Coin (USDC)

As soon as you've found USD Coin (USDC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're going to make our Limit Order.

ThePricefield will be automatically filled with the latest price USD Coin (USDC) was sold for. This can be changed to your desired rate. TheAmountfield is the volumen of USDC you want to buy. The field with theTotaltag is the whole price in BTC that you'll pay for the complete amount of USDC.

When you're satisfied, click onBuy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you gave.

Step 5 – Withdraw USD Coin (USDC)

Unless you are trading, you should never keepyour crypto coins on an Exchange for an extensive time frame. In order to take off your (USDC) USD Coin, hover over theFundstab and click onWithdraw”. (USDC) USD Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (USDC) USD Coin by using the given drop-down box. Enter the quantity of USD Coin (USDC) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you're happy, clickSubmit”. You may be asked for email/phone verification ahead of a take off.

Kudos! You've successfully purchased and stored (USDC) USD Coin in Honduras.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the (USDC) USD Coin is stored within your wallet, you are all done.