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How to Buy USD Coin (USDC)

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

Step 1 – Join CEX.io

You will first need to buy one of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Funds to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange 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 sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate USD Coin (USDC)

Once your deposit has been verified, you'll instantly have access to your assets and you can begin invest and trading. To buy USD Coin (USDC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to find USD Coin (USDC), you will need to put the cointype (USDC) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “USDC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} USD Coin (USDC)
Step 4 – Purchase USD Coin (USDC)

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

The ”Price” field will be filled automatically with the most recent rate USD Coin (USDC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of USDC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of USDC.

If you're satisfied, click on “Buy USDC”. Your plan will be filled as soon as a Seller trades their USDC for the price you introduced.

Step 5 – Withdraw USD Coin (USDC)

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extended time period. To take off your USD Coin (USDC), go to the ”Funds” tab and mouse click on “Withdraw”. USD Coin (USDC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find USD Coin (USDC) by using the given drop-down box. Enter the amount of USD Coin (USDC) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.

Congratulations! You have successfully bought and stored USD Coin (USDC).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the USD Coin (USDC) is stored within your wallet, you're finished.

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