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How to Buy usd-coin With PayPal: Complete Beginner’s Guide

Right here’s how you can purchase usd-coin (USDC):

  1. Get a usd-coin wallet (Ledger Nano S, TREZOR)
  2. Get your USDC address
  3. Go to Coinbase
  4. Purchase USDC through a paypal or creditcard or a wiretransfer
  5. Send the USDC to your address

Step #1 – Get a usd-coin Wallet

As a way to retailer your USDC you’ll need a wallet that may hold them. There’s a variety of wallets that help usd-coin, nonetheless just a few respected wallets supports each usd-coin and different cryptocurrencies. Ledger presents two fashions of safe {hardware} wallets that may hold USDC . For those who’re searching for a wallet that may hold USDC together with different cryptocurrencies, together with Bitcoin, Ethereum, and Ripple you gained’t discover a better choice. These pocket-sized {hardware} wallet are basically un hack able, and their user-friendly nature makes for a cheerful crypto life. The 2 available models are the Ledger Nano S and Ledger Nano X (mobile compatible).

Ledger Nano X

Step #2 – Buy usd-coin with PayPal

Like many different alt coins, for the time being there isn’t a method to buy usd-coin

Cryptocurrency coins with a creditcard, debit card or PayPal.

Once more,  the best way to get your hand on some USDC is to first head over to Coinbase. the place you should buy Bitcoin, Litecoin, or Ethereum.

To get started Click Here to get $10 Fee Bitcoin

coinbase

Step #3 – Use (Bitcoin-Ethereum-Litecoin) to Purchase usd-coin

You’ll then use the bought BTC, LTC or ETH to buy usd-coin . Firstly you’ll have to select a exchange that holds USDC similar to Binance.

You send the currency from coinbase to the exchange of choice utilizing a unique Deposit Address

as soon as sent It often takes a short while for the currency to land within the account, 10 minutes to half an hour (depending on the currency and the exchange used)

As soon as there you’ll then be capable of select the right buying and selling pair depending on which coin you bought from coinbase. BTC/USDC , ,LTC/USDC or ETH/USDC

binance

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