How to Buy Wrapped Bitcoin (WBTC) in Central African Republic

A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Central African Republic

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (WBTC) Wrapped Bitcoin

As soon as your deposit has been verified, you'll now have access to your assets and you can start invest and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

To locate (WBTC) Wrapped Bitcoin, you'll need to insert the cointype (WBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “WBTC/BTC” to go on.

Step 4 – Acquisition of (WBTC) Wrapped Bitcoin

As soon as you've found Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The “Price” field will be automatically filled with the most latest tariff (WBTC) Wrapped Bitcoin was sold for. This can be changed to your preferred rate. The “Amount” field is the volumen of WBTC you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the complete amount of WBTC.

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

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're trading, never keep your crypto on an Crypto Trader for an extensive period of time. To withdraw your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Enter the amount of Wrapped Bitcoin (WBTC) you would like to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Kudos! You've successfully bought and safed (WBTC) Wrapped Bitcoin in Central African Republic.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (WBTC) Wrapped Bitcoin is safe inside your wallet, you are all done.