A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Brazil
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive your welcome $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Wrapped Bitcoin (WBTC) As soon as your deposit has been confirmed, you will now have access to your finances and you can start invest and trading. To invest in Wrapped Bitcoin (WBTC) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot (WBTC) Wrapped Bitcoin, you'll need to put the shortname of the coin (WBTC) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “WBTC/BTC” to progress.
Step 4 – Purchase Wrapped Bitcoin (WBTC) As soon as you've discovered (WBTC) Wrapped Bitcoin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate Wrapped Bitcoin (WBTC) was sold for. This can be changed to your desired 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 amount of WBTC. If you are glad, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vender trades their WBTC for the price you gave.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're frequently trading, never keep your crypto on an Crypto Trader for an extensive time frame. In order to withdraw your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the given drop-down box. Enter the amount of Wrapped Bitcoin (WBTC) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You could be asked for phone/email verification before a withdrawal.