How to Buy Wrapped Bitcoin (WBTC) in France

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

Step 1 – Join Coinbase and get 10$ for free

You'll first need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and receive your welcome 10$.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto 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 example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (WBTC) Wrapped Bitcoin

Once your deposit has been affirmed, you will directly have access to your finances and you can commence purchasing and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to spot (WBTC) Wrapped Bitcoin, you'll need to put the cointype (WBTC) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “WBTC/BTC” to progress.

Step 4 – Acquisition of Wrapped Bitcoin (WBTC)

Once you have located Wrapped Bitcoin (WBTC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our Limit Order.

The field with the “Price” tag will be filled with the latest tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your desired price. The “Amount” field is the quantity of WBTC you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of WBTC.

If you're happy, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vender trades their WBTC for the price you introduced.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive time period. In order to take off your (WBTC) Wrapped Bitcoin, hover over the “Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the volumen of Wrapped Bitcoin (WBTC) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

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

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (WBTC) Wrapped Bitcoin is safe in your wallet, you're all done.