How to Buy Wrapped Bitcoin (WBTC) in France

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

Step 1 – Signup to Kraken

You'll first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your ETH (Ethereum) or BTC (Bitcoin) has 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 sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Binance Signup

Step 3 – Locate (WBTC) Wrapped Bitcoin

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find (WBTC) Wrapped Bitcoin, you will need to put the cointype (WBTC) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this too. Click on “WBTC/BTC” to proceed.

Step 4 – Buying Wrapped Bitcoin (WBTC)

Once you have located (WBTC) Wrapped Bitcoin, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order.

The “Price” field will be filled automatically with the recent rate Wrapped Bitcoin (WBTC) was traded for. This can be changed to your favoured rate. The “Amount” field is the volumen of WBTC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of WBTC.

If you are glad, make a mouse click on “Buy WBTC”. Your plan will be filled when a Seller trades their WBTC for the price you submitted.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

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

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Drop in the volumen of Wrapped Bitcoin (WBTC) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.

Congratulations! You've successfully bought and stored (WBTC) Wrapped Bitcoin in France.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (WBTC) Wrapped Bitcoin is stored in your wallet, you are done.
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