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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 – {Transfer} Your {Bitcoin (BTC) or Ethereum (ETH)} to an {Crypto Exchange}

Your {Bitcoin (BTC) or Ethereum (ETH)} {will need} to be sent over to an {Crypto Trader} now. {All exchanges have} a deposit form that is {alike}. USD Coin (USDC) is {obtainable} 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 guide})

Make sure {you've} {selected} the {right} coin you {wish} to deposit.

{BTC} must be sent to a {BTC} deposit address, {ETH} to an {ETH} deposit address, {etc}. {In the case} {you're} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {unlike} ({Follow} {these easy steps}).

Step 3 – {Locate} USD Coin (USDC)

{As soon as} your deposit has been {approved}, {you'll} {now} have access to your {funds} and you can {launch} {buying} and trading. To {invest in} USD Coin (USDC) on Binance, {you'll} want to {go to} the {tab which is called “Exchange”} and{} {mouse click} on “Basic”.

{To} {locate} USD Coin (USDC), {you'll} need to {put} the {shortname of the coin} (USDC) into the {search-box}, which is {highlighted} in the {image}. {Be certain of having} {selected} the {right} {grouping}, {we've} {highlighted} this {too}. Click on “USDC/BTC” to {go ahead}.

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

{Once} {you have} {spotted} USD Coin (USDC), {you'll} be {given} a {Chart with Prices} (in the Center of the {image}) and {some} Order Books ({on the Left} of the {picture}). {Next} {we are} {going to make} our{} Limit Order.

The {field with the “Price” tag} will be {filled automatically} with the{} {recent} {tariff} USD Coin (USDC) was {traded} for. {This can be changed} to your {desired} {rate}. The {”Amount” field} is the {quantity} of USDC you {want} to {purchase}. The {”Total” field} is the {aggregated} price in {BTC} that {you'll} {pay} 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 {Vendor} {trades} their USDC for the price you {offered}.

Step 5 – Withdraw USD Coin (USDC)

Unless {you are}{ regularly} trading, {you should never keepyour} {crypto coins} on an {Cryptocurrency Exchange} for an {longer} {time period}. {To} {withdraw} your USD Coin (USDC), {hover over} the {”Funds” tab} and {click} on “Withdraw”. USD Coin (USDC) can be {safely stored} using a Wallet, {for example} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} USD Coin (USDC) by using the {provided} drop-down box. {Drop in} the {quantity} of USD Coin (USDC) {you would} {wish} to {withdraw}. {Take into account} the {presented} {minimus/fees}. Also make sure you have {entered} your {right} withdraw address.

{When} {you are} {satisfied}, {click on} “Submit”. You {may} be {asked} for {verfication via email/phone} {before} a {withdrawal}.

{Congratulations}! {You have} successfully {purchased} and {stored} USD Coin (USDC).

That's it!

{Withdrawals} from {Exchange} can {take} {between} 1 – 30 minutes ({rely} on {usage of the network}). {Once} {you've} {proved} your {withdrawal} {using} {Ethplorer.io or Etherscan.io} and the USD Coin (USDC) is {stored} {within} your wallet, {you are} {all done}.

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