How to Buy Wrapped Bitcoin (WBTC) in Côte D’Ivoire

A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Côte D’Ivoire

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive your welcome ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find Wrapped Bitcoin (WBTC)

Once your deposit has been confirmed, you'll now have access to your finances and you can start invest and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot (WBTC) Wrapped Bitcoin, you will need to put the cointype (WBTC) into the search-box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this also. Click on “WBTC/BTC” to continue.

Step 4 – Buying (WBTC) Wrapped Bitcoin

After you've discovered (WBTC) Wrapped Bitcoin, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order.

The “Price” field will be filled with the most up-to-date rate (WBTC) Wrapped Bitcoin was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of WBTC you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of WBTC.

When you are happy, click on “Buy WBTC”. Your plan will be filled as soon as a Vender sells their WBTC for the price you introduced.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you are trading, best advise is not to keep your crypto on an Exchange for an extended period of time. In order to take off your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Enter the volumen of (WBTC) Wrapped Bitcoin you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Kudos! You've successfully bought and stored Wrapped Bitcoin (WBTC) in Côte D’Ivoire.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe within your wallet, you are finished.