A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Equatorial Guinea
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Wrapped Bitcoin (WBTC) Once your deposit has been verified, you will immediately have access to your finances and you can start buying and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to spot (WBTC) Wrapped Bitcoin, you will need to insert the short name of the asset (WBTC) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “WBTC/BTC” to go ahead.
Step 4 – Buy (WBTC) Wrapped Bitcoin After you have discovered (WBTC) Wrapped Bitcoin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be filled with the latest valuation Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of WBTC you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of WBTC. If you're happy, make a mouse click on “Buy WBTC”. Your order will be filled as soon as a Vendor trades their WBTC for the price you introduced.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended time frame. In order to take off your Wrapped Bitcoin (WBTC), go to the “Funds” tab and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the given drop-down box. Drop in the amount of (WBTC) Wrapped Bitcoin you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.