How to Buy Wrapped Bitcoin (WBTC) in Timor-Leste

A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Timor-Leste

Paso 1 – Join Coinbase and recieve 10$ gratis

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your welcome 10$.

Paso 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) debe enviarse a un Crypto Trader ahora. Todos los intercambios tienen un formulario de depósito que es similar. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Paso 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate purchasing and trading. To invest in Wrapped Bitcoin (WBTC) en Binance, you'll want to go to the “Intercambiar” tab and mouse click on “Básico”.

To spot Wrapped Bitcoin (WBTC), you'll need to put the short name of the asset (WBTC) en el cuadro de búsqueda, which is marked in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Haga clic en “WBTC/BTCto go ahead.

Paso 4 – Purchase Wrapped Bitcoin (WBTC)

After you've discovered Wrapped Bitcoin (WBTC), you'll be given a Price Chart (en el centro de la imagen) y algunos libros de pedidos (a la izquierda de la imagen). For now we are making our own Limit Order.

El campo con el “Precio” tag will be filled with the most up-to-date tariff Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred rate. El campo con el “Cantidad” tag is the volumen of WBTC you like to buy. El campo con el “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of WBTC.

If you are satisfied, haga clic en “Buy WBTC”. Your order will be filled as soon as a Vender trades their WBTC for the price you submitted.

Paso 5 – Retirar (WBTC) Wrapped Bitcoin

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Wrapped Bitcoin (WBTC), go to the “Fondos” tab and click on “Retirar”. (WBTC) Wrapped Bitcoin can be stored securely using a Wallet, e.g. MyEtherWallet. (Guía de configuración de MyEtherWallet)

Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the volumen of Wrapped Bitcoin (WBTC) you'd like to take off. Don't forget the demonstrated minimus/fees. También asegúrese de haber ingresado su dirección de retiro correcta.

If you are glad, hacer clic “Enviar”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and stored (WBTC) Wrapped Bitcoin in Timor-Leste.

Eso es!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutos (rely on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe within your wallet, you are finished.