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 BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. cUSDC (CUSDC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find cUSDC (CUSDC) As soon as your deposit has been approved, you'll now have access to your assets and you can begin invest and trading. To purchase cUSDC (CUSDC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to spot cUSDC (CUSDC), you'll need to insert the shortname of the coin (CUSDC) into the search-box, which is highlighted in the picture. Be certain of having selected the proper grouping, we have highlighted this also. Click on “CUSDC/BTC” to progress.
Step 4 – Buy cUSDC (CUSDC) Once you've discovered cUSDC (CUSDC), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent price cUSDC (CUSDC) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of CUSDC you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of CUSDC. When you're satisfied, click on “Buy CUSDC”. Your plan will be filled when a Vendor sells their CUSDC for the price you offered.
Step 5 – Withdraw cUSDC (CUSDC) Unless you're frequently trading, never keep your coins on an Crypto Trader for an longer time frame. In order to take off your cUSDC (CUSDC), hover over the tab called “Funds” and click on “Withdraw”. cUSDC (CUSDC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find cUSDC (CUSDC) by using the given drop-down box. Drop in the volumen of cUSDC (CUSDC) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.