A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Guyana
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find (WBTC) Wrapped Bitcoin As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate purchasing and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”. In order to discover Wrapped Bitcoin (WBTC), you will need to insert the cointype (WBTC) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've highlighted this too. Click on “WBTC/BTC” to go on.
Step 4 – Buying Wrapped Bitcoin (WBTC) Once you have discovered Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled with the latest price (WBTC) Wrapped Bitcoin was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of WBTC you like to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of WBTC. When you are satisfied, click on “Buy WBTC”. Your order will be filled when a Vender trades their WBTC for the price you offered.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your Wrapped Bitcoin (WBTC), 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 amount of (WBTC) Wrapped Bitcoin you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You may be asked for verfication via phone/email before a take off.