A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Angola
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate (WBTC) Wrapped Bitcoin Once your deposit has been approved, you will immediately have access to your finances and you can start purchasing and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover Wrapped Bitcoin (WBTC), you'll need to put the cointype (WBTC) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've marked this also. Click on “WBTC/BTC” to proceed.
Step 4 – Buying (WBTC) Wrapped Bitcoin After you've found Wrapped Bitcoin (WBTC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent price Wrapped Bitcoin (WBTC) was sold for. You can change this to your favoured price. The “Amount” field is the amount of WBTC you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of WBTC. If you are glad, make a mouse click on “Buy WBTC”. Your plan will be filled when a Vender trades their WBTC for the price you introduced.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Put into the volumen of (WBTC) Wrapped Bitcoin you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.