A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Jordan
Step 1 – Join Kraken You'll first need to buy one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has 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 Exchange? (Just follow this manual) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC 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 opposed (Just follow our manual).
Step 3 – Find Wrapped Bitcoin (WBTC) As soon as your deposit has been confirmed, you will now have access to your funds and you can commence purchasing and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. In order to locate (WBTC) Wrapped Bitcoin, you'll need to insert the cointype (WBTC) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we've highlighted this also. Click on “WBTC/BTC” to advance.
Step 4 – Buy Wrapped Bitcoin (WBTC) As soon as you have located (WBTC) Wrapped Bitcoin, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The “Price” field will be filled with the most latest rate Wrapped Bitcoin (WBTC) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of WBTC you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of WBTC. If you're happy, click on “Buy WBTC”. Your order will be filled as soon as a Vendor sells their WBTC for the price you submitted.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your (WBTC) Wrapped Bitcoin, hover over the “Funds” tab and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped Bitcoin (WBTC) by using the given drop-down box. Drop in the amount of (WBTC) Wrapped Bitcoin you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.