How to Buy Wrapped Bitcoin (WBTC) in Guadeloupe

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

Step 1 – Signup to CEX.io

You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find Wrapped Bitcoin (WBTC)

Once your deposit has been affirmed, you'll instantly have access to your finances and you can start purchasing and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

In order to locate Wrapped Bitcoin (WBTC), you'll need to insert the cointype (WBTC) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “WBTC/BTC” to go on.

Step 4 – Purchase Wrapped Bitcoin (WBTC)

As soon as you've discovered (WBTC) Wrapped Bitcoin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

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

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

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

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

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

That's it!

Withdrawals from Cryptocurrency Exchange can take 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 within your wallet, you're finished.