A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Bosnia And Herzegovina
Step 1 – Signup to Kraken You will first need to purchase units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Wrapped Bitcoin (WBTC) As soon as your deposit has been verified, you will now have access to your assets and you can start invest and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find Wrapped Bitcoin (WBTC), you will need to put the shortname of the coin (WBTC) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “WBTC/BTC” to continue.
Step 4 – Purchase Wrapped Bitcoin (WBTC) Once you have located Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price (WBTC) Wrapped Bitcoin was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of WBTC you want to purchase. The “Total” field is the total price in BTC that you will pay for the complete quantity of WBTC. If you are glad, click on “Buy WBTC”. Your plan will be filled when a Seller trades their WBTC for the price you offered.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To take off your Wrapped Bitcoin (WBTC), go to the “Funds” tab and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the given drop-down box. Put into the quantity of Wrapped Bitcoin (WBTC) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.