A Step-by-Step-Guide on how to buy USD Coin (USDC) in Tuvalu
Step 1 –
Join Coinbase and recieve 10$ for free
You will first need to buy one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your first 10 Dollar.
Step 2 –
Send Your Funds to an Crypto Exchange
Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)
Make sure you've selected the correct coin you wish to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 –
Locate (USDC) USD Coin
Once your deposit has been affirmed, you will directly have access to your funds and you can initiate buying and trading. To purchase USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.
In order to discover (USDC) USD Coin, you'll need to insert the cointype (USDC) into the search-box, which is marked in the image. Be certain of having selected the proper grouping, we have marked this also. Click on “USDC/BTC” to proceed.
Step 4 –
Purchasing (USDC) USD Coin
As soon as you have spotted (USDC) USD Coin, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our Limit Order.
The “Price” field will be filled with the most latest valuation USD Coin (USDC) was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of USDC you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of USDC.
If you are happy, click on “Buy USDC”. Your order will be filled as soon as a Seller trades their USDC for the price you gave.
Step 5 –
Withdraw USD Coin (USDC)
Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extended period of time. To take off your (USDC) USD Coin, go to the “Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)
Locate USD Coin (USDC) by using the given drop-down box. Put into the quantity of USD Coin (USDC) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.
When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a take off.
