How to Buy Wrapped Bitcoin (WBTC) in Botswana

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

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Wrapped Bitcoin (WBTC)

Once your deposit has been approved, you'll now have access to your funds and you can start purchasing and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the “Exchange” tab and mouse click on “Basic”.

To spot (WBTC) Wrapped Bitcoin, you'll need to put the cointype (WBTC) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “WBTC/BTC” to go ahead.

Step 4 – Acquisition of Wrapped Bitcoin (WBTC)

Once you've discovered (WBTC) Wrapped Bitcoin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our own Limit Order.

The “Price” field will be filled with the most latest price Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of WBTC you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of WBTC.

If you are happy, make a mouse click on “Buy WBTC”. Your order will be filled when a Vender sells their WBTC for the price you submitted.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're trading, you should never keepyour crypto on an Crypto Exchange for an extensive period of time. To withdraw your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for instance 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. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Congrats! You have successfully purchased and stored Wrapped Bitcoin (WBTC) in Botswana.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored in your wallet, you are finished.