How to Buy Wrapped Bitcoin (WBTC) in Anguilla

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting your welcome ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you've selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Wrapped Bitcoin (WBTC)

Once your deposit has been affirmed, you will instantly have access to your funds and you can launch invest and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To discover Wrapped Bitcoin (WBTC), you'll need to insert the cointype (WBTC) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've marked this also. Click on “WBTC/BTC” to proceed.

Step 4 – Buy (WBTC) Wrapped Bitcoin

After you've spotted (WBTC) Wrapped Bitcoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The “Price” field will be filled automatically with the latest price (WBTC) Wrapped Bitcoin was sold for. You can change this to your preferred rate. The “Amount” field is the quantity of WBTC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole volumen of WBTC.

When you are happy, click on “Buy WBTC”. Your plan will be filled as soon as a Seller trades their WBTC for the price you offered.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an extensive time frame. In order to take off your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the provided drop-down box. Drop in the volumen of Wrapped Bitcoin (WBTC) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Congrats! You've successfully purchased and safed (WBTC) Wrapped Bitcoin in Anguilla.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (WBTC) Wrapped Bitcoin is safe in your wallet, you are done.