How to Buy Wrapped Bitcoin (WBTC) in Haiti

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

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your first 10 Dollar.

Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

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

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate Wrapped Bitcoin (WBTC)

Once your deposit has been confirmed, you'll immediately have access to your funds and you can commence buying and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”.

In order to spot Wrapped Bitcoin (WBTC), you will need to insert the short name of the asset (WBTC) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “WBTC/BTC” to go ahead.

Step 4 – Buying Wrapped Bitcoin (WBTC)

As soon as you have located Wrapped Bitcoin (WBTC), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The “Price” field will be filled with the most latest rate (WBTC) Wrapped Bitcoin was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of WBTC you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of WBTC.

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

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you're frequently trading, best advise is not to keep your coins on an Exchange for an longer time frame. In order to take off your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Enter the volumen of (WBTC) Wrapped Bitcoin you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're satisfied, click on “Submit”. You could be asked for verfication via phone/email before a take off.

Kudos! You have successfully bought and stored (WBTC) Wrapped Bitcoin in Haiti.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe within your wallet, you're all done.