A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Antigua And Barbuda
Step 1 – Signup to Kraken You will first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or 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 will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Wrapped Bitcoin (WBTC) Once your deposit has been confirmed, you will directly have access to your assets and you can launch purchasing and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover Wrapped Bitcoin (WBTC), you'll need to put the shortname of the coin (WBTC) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “WBTC/BTC” to progress.
Step 4 – Buy Wrapped Bitcoin (WBTC) As soon as you've located Wrapped Bitcoin (WBTC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled automatically with the most latest rate Wrapped Bitcoin (WBTC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of WBTC you want to purchase. The “Total” field is the total price in Bitcoin that you will settle for the complete amount of WBTC. If you are happy, make a mouse click on “Buy WBTC”. Your order will be filled as soon as a Vender sells their WBTC for the price you gave.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the given drop-down box. Enter the volumen of (WBTC) Wrapped Bitcoin you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a take off.