A Step-by-Step-Guide on how to buy USD Coin (USDC)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. USD Coin (USDC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find (USDC) USD Coin As soon as your deposit has been approved, you will immediately have access to your funds and you can launch purchasing and trading. To purchase (USDC) USD Coin on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find (USDC) USD Coin, you will need to put the shortname of the coin (USDC) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “USDC/BTC” to progress.
Step 4 – Purchase USD Coin (USDC) As soon as you have found USD Coin (USDC), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate USD Coin (USDC) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of USDC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of USDC. If you are glad, make a mouse click on “Buy USDC”. Your plan will be filled when a Vendor trades their USDC for the price you gave.
Step 5 – Withdraw (USDC) USD Coin Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your (USDC) USD Coin, hover over the tab called “Funds” and mouse click on “Withdraw”. (USDC) USD Coin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (USDC) USD Coin by using the given drop-down box. Put into the amount of (USDC) USD Coin you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.