A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Georgia
Step 1 – Join CEX.io You will first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and to get your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Wrapped Bitcoin (WBTC) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can begin purchasing and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover (WBTC) Wrapped Bitcoin, you'll need to put the shortname of the coin (WBTC) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click on “WBTC/BTC” to go ahead.
Step 4 – Purchase Wrapped Bitcoin (WBTC) Once you have found Wrapped Bitcoin (WBTC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our Limit Order. The “Price” field will be filled automatically with the latest price Wrapped Bitcoin (WBTC) was sold for. You can change this to your desired price. The “Amount” field is the volumen of WBTC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of WBTC. When you're happy, click on “Buy WBTC”. Your plan will be filled as soon as a Vendor trades their WBTC for the price you offered.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Drop in the volumen of (WBTC) Wrapped Bitcoin you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.