A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Costa Rica
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your welcome 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Wrapped Bitcoin (WBTC) As soon as your deposit has been approved, you'll now have access to your finances and you can launch buying and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To discover (WBTC) Wrapped Bitcoin, you'll need to insert the short name of the asset (WBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've marked this too. Click on “WBTC/BTC” to proceed.
Step 4 – Acquisition of Wrapped Bitcoin (WBTC) After you've spotted (WBTC) Wrapped Bitcoin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our Limit Order. The “Price” field will be filled with the most recent tariff (WBTC) Wrapped Bitcoin was sold for. You can change this to your favoured price. The “Amount” field is the volumen of WBTC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of WBTC. When you're glad, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vendor trades their WBTC for the price you offered.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To take off your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the amount of (WBTC) Wrapped Bitcoin you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.