How to Buy Wrapped Bitcoin (WBTC) in Guatemala

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

Step 1 – Join CEX.io

You will first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your first Bitcoin (BTC) or Ethereum (ETH).

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

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

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (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 finances and you can begin invest and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to spot (WBTC) Wrapped Bitcoin, you will need to insert the shortname of the coin (WBTC) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “WBTC/BTC” to proceed.

Step 4 – Buy Wrapped Bitcoin (WBTC)

After you've found Wrapped Bitcoin (WBTC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest valuation (WBTC) Wrapped Bitcoin was sold for. This can be changed to your desired rate. The “Amount” field is the amount of WBTC you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete quantity of WBTC.

If you're satisfied, make a mouse click on “Buy WBTC”. Your plan will be filled when a Vender trades their WBTC for the price you offered.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

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

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

If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Kudos! You've successfully purchased and stored (WBTC) Wrapped Bitcoin in Guatemala.

That's it!

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