How to Buy USD Coin (USDC) in Armenia

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

Step 1 – Join Coinmama

You will first need to purchase one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. USD Coin (USDC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

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

As soon as your deposit has been affirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To buy {USD Coin (USDC)|(USDC) USD Coin} on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to find {USD Coin (USDC)|(USDC) USD Coin}, you will need to insert the short name of the asset (USDC) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this too. Click on “USDC/BTC” to continue.

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

Once you have located {USD Coin (USDC)|(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 picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled with the up-to-date tariff {USD Coin (USDC)|(USDC) USD Coin} was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of USDC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of USDC.

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

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

Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. 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 stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

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

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with or and the {USD Coin (USDC)|(USDC) USD Coin} is stored in your wallet, you're finished.

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