How to Buy Wrapped Bitcoin (WBTC) in Dominican Republic

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

Step 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your welcome 10 Dollar.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been verified, you'll directly have access to your assets and you can start buying and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to locate Wrapped Bitcoin (WBTC), you'll need to put the cointype (WBTC) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “WBTC/BTC” to advance.

Step 4 – Purchase Wrapped Bitcoin (WBTC)

After you've found (WBTC) Wrapped Bitcoin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The “Price” field will be filled with the most up-to-date tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your preferred rate. The “Amount” field is the volumen of WBTC you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of WBTC.

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

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. To withdraw 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)

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Enter the amount of (WBTC) Wrapped Bitcoin you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Congrats! You've successfully purchased and safed Wrapped Bitcoin (WBTC) in Dominican Republic.

That's it!

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