How to Buy USD Coin (USDC) in Anguilla

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

Step 1 – Join Coinmama

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and getting your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency 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 sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

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, and so on. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find {USD Coin (USDC)|(USDC) USD Coin}

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

In order to spot {USD Coin (USDC)|(USDC) USD Coin}, you'll need to insert the shortname of the coin (USDC) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “USDC/BTC” to continue.

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

After you've spotted {USD Coin (USDC)|(USDC) USD Coin}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate {USD Coin (USDC)|(USDC) USD Coin} was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of USDC you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole quantity of USDC.

When you are happy, make a mouse click on “Buy USDC”. Your order will be filled as soon as a Vender trades their USDC for the price you submitted.

Step 5 – Withdraw {USD Coin (USDC)|(USDC) USD Coin}

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Trader for an longer time frame. In order to withdraw your {USD Coin (USDC)|(USDC) USD Coin}, go to the ”Funds” tab and mouse click on “Withdraw”. {USD Coin (USDC)|(USDC) USD Coin} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {USD Coin (USDC)|(USDC) USD Coin} by using the provided drop-down box. Enter the quantity of {USD Coin (USDC)|(USDC) USD Coin} you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.

Congrats! You have successfully purchased and stored USD Coin (USDC) in Anguilla.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {USD Coin (USDC)|(USDC) USD Coin} is safe in your wallet, you're done.

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