How to Buy Wrapped Bitcoin (WBTC) in Greece

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

Step 1 – Signup to CEX.io

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and to get your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

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

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find Wrapped Bitcoin (WBTC)

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

To find (WBTC) Wrapped Bitcoin, you'll need to insert the cointype (WBTC) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've marked this also. Click on “WBTC/BTC” to proceed.

Step 4 – Purchasing (WBTC) Wrapped Bitcoin

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

The field with the “Price” tag will be filled automatically with the most up-to-date valuation Wrapped Bitcoin (WBTC) was traded for. This can be changed to your desired rate. The “Amount” field is the volumen of WBTC you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole volumen of WBTC.

When you are happy, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vendor sells their WBTC for the price you offered.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Put into the quantity of (WBTC) Wrapped Bitcoin you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and safed (WBTC) Wrapped Bitcoin in Greece.

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored within your wallet, you're done.