How to Buy Wrapped Bitcoin (WBTC) in Honduras

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

Step 1 – Signup to CEX.io

In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. 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 Exchange? (Just follow this guide)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate (WBTC) Wrapped Bitcoin

As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can commence purchasing and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

In order to spot Wrapped Bitcoin (WBTC), you will need to put the short name of the asset (WBTC) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we've marked this too. Click on “WBTC/BTC” to go on.

Step 4 – Buy Wrapped Bitcoin (WBTC)

After you have located Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest rate (WBTC) Wrapped Bitcoin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of WBTC you like to buy. The “Total” field is the whole price in BTC that you will pay for the complete volumen of WBTC.

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

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer time period. In order to withdraw your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Drop in the quantity of (WBTC) Wrapped Bitcoin you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

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

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (WBTC) Wrapped Bitcoin is safe within your wallet, you are all done.