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 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. cUSDC (CUSDC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate cUSDC (CUSDC) Once your deposit has been approved, you'll immediately have access to your funds and you can launch invest and trading. To invest in cUSDC (CUSDC) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find cUSDC (CUSDC), you'll need to insert the cointype (CUSDC) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “CUSDC/BTC” to progress.
Step 4 – Acquisition of cUSDC (CUSDC) Once you have located cUSDC (CUSDC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation cUSDC (CUSDC) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of CUSDC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of CUSDC. If you are satisfied, click on “Buy CUSDC”. Your plan will be filled when a Seller sells their CUSDC for the price you introduced.
Step 5 – Withdraw cUSDC (CUSDC) Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extended period of time. 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 instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate cUSDC (CUSDC) by using the provided drop-down box. Put into the quantity of cUSDC (CUSDC) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.