A Step-by-Step-Guide on how to buy cUSDC (CUSDC)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and getting Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. cUSDC (CUSDC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find cUSDC (CUSDC) As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can begin invest and trading. To purchase cUSDC (CUSDC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot cUSDC (CUSDC), you will need to insert the shortname of the coin (CUSDC) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “CUSDC/BTC” to progress.
Step 4 – Acquisition of cUSDC (CUSDC) As soon as you've discovered cUSDC (CUSDC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest rate cUSDC (CUSDC) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of CUSDC you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of CUSDC. If you're happy, click on “Buy CUSDC”. Your plan will be filled as soon as a Vender sells their CUSDC for the price you offered.
Step 5 – Withdraw cUSDC (CUSDC) Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer time period. To take off your cUSDC (CUSDC), go to the tab called “Funds” and mouse click on “Withdraw”. cUSDC (CUSDC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find cUSDC (CUSDC) by using the provided drop-down box. Drop in the amount of cUSDC (CUSDC) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click on “Submit”. You may be requested for phone/email verification before a withdrawal.