A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Albania
Step 1 – Signup to CEX.io You'll first need to purchase one of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate (WBTC) Wrapped Bitcoin As soon as your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find Wrapped Bitcoin (WBTC), you will need to insert the cointype (WBTC) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “WBTC/BTC” to go on.
Step 4 – Purchase Wrapped Bitcoin (WBTC) As soon as you have spotted Wrapped Bitcoin (WBTC), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The “Price” field will be filled with the most up-to-date price Wrapped Bitcoin (WBTC) was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of WBTC you want to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete quantity of WBTC. If you're glad, make a mouse click on “Buy WBTC”. Your order will be filled as soon as a Vender trades their WBTC for the price you submitted.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extensive time period. To take off your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Enter the amount of (WBTC) Wrapped Bitcoin you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.