A Step-by-Step-Guide on how to buy USD Coin (USDC) in New Caledonia
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting your welcome $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader 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 illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate USD Coin (USDC) As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To buy (USDC) USD Coin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to locate (USDC) USD Coin, you will need to insert the cointype (USDC) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “USDC/BTC” to go ahead.
Step 4 – Acquisition of (USDC) USD Coin As soon as you've spotted (USDC) USD Coin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The “Price” field will be automatically filled with the recent rate (USDC) USD Coin was traded for. This can be changed to your desired rate. The “Amount” field is the amount of USDC you like to buy. The “Total” field is the total price in Bitcoin that you will settle for the complete quantity of USDC. If you are glad, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vender sells their USDC for the price you submitted.
Step 5 – Withdraw USD Coin (USDC) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time frame. In order to withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. USD Coin (USDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate USD Coin (USDC) by using the provided drop-down box. Enter the amount of (USDC) USD Coin you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.