A Step-by-Step-Guide on how to buy USD Coin (USDC) in Saint Barthelemy
Step 1 –
Signup to Coinbase and recieve 10$ for free
In the beginning you'll need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and getting your first 10$.
Step 2 –
Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange
Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)
Make sure you've chosen the correct coin you wish to deposit.
Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 –
Find (USDC) USD Coin
As soon as your deposit has been affirmed, you will now have access to your funds and you can launch purchasing and trading. To buy (USDC) USD Coin on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.
In order to find (USDC) USD Coin, you'll need to put the short name of the asset (USDC) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “USDC/BTC” to go ahead.
Step 4 –
Buy USD Coin (USDC)
After you've discovered USD Coin (USDC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our Limit Order.
The “Price” field will be automatically filled with the up-to-date valuation USD Coin (USDC) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of USDC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of USDC.
When you are glad, 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 (USDC) USD Coin
Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To take off your (USDC) USD Coin, hover over the “Funds” tab and click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)
Locate USD Coin (USDC) by using the provided drop-down box. Drop in the amount of USD Coin (USDC) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.
If you are happy, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.
