How to Buy Wrapped Bitcoin (WBTC) in Gambia

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

Step 1 – Signup to Coinbase and get 10$ for free

In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10 Dollar.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

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

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

Step 3 – Find Wrapped Bitcoin (WBTC)

Once your deposit has been affirmed, you'll immediately have access to your finances and you can launch invest and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”.

In order to find Wrapped Bitcoin (WBTC), you will need to put the cointype (WBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “WBTC/BTC” to go on.

Step 4 – Buying Wrapped Bitcoin (WBTC)

Once you've spotted (WBTC) Wrapped Bitcoin, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our own Limit Order.

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

When you're satisfied, make a mouse click on “Buy WBTC”. Your order will be filled when a Seller sells their WBTC for the price you introduced.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

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

Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Drop in the volumen of Wrapped Bitcoin (WBTC) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you are satisfied, click “Submit”. You could be requested for phone/email verification before a take off.

Kudos! You have successfully bought and stored (WBTC) Wrapped Bitcoin in Gambia.

That's it!

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