How to Buy Wrapped Bitcoin (WBTC) in Burundi

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

Step 1 – Join Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate (WBTC) Wrapped Bitcoin

As soon as your deposit has been confirmed, you will now have access to your finances and you can commence purchasing and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate (WBTC) Wrapped Bitcoin, you will need to put the short name of the asset (WBTC) into the search-box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “WBTC/BTC” to continue.

Step 4 – Acquisition of Wrapped Bitcoin (WBTC)

As soon as you have discovered (WBTC) Wrapped Bitcoin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our Limit Order.

The “Price” field will be automatically filled with the up-to-date valuation Wrapped Bitcoin (WBTC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of WBTC you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole quantity of WBTC.

When you are glad, click on “Buy WBTC”. Your order will be filled as soon as a Vender trades their WBTC for the price you gave.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (WBTC) Wrapped Bitcoin, hover over the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Put into the amount of Wrapped Bitcoin (WBTC) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You've successfully purchased and stored (WBTC) Wrapped Bitcoin in Burundi.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored in your wallet, you're all done.