How to Buy Wrapped Bitcoin (WBTC) in Kazakhstan

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

Step 1 – Join Coinbase and recieve 10$ for free

You will first need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first $10.

Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Find (WBTC) Wrapped Bitcoin

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can launch buying and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find Wrapped Bitcoin (WBTC), you will need to insert the cointype (WBTC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “WBTC/BTC” to proceed.

Step 4 – Buy (WBTC) Wrapped Bitcoin

After you've discovered Wrapped Bitcoin (WBTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order.

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

When you are happy, click on “Buy WBTC”. Your plan will be filled as soon as a Vendor trades their WBTC for the price you offered.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended time period. 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, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Put into the volumen of (WBTC) Wrapped Bitcoin you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

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

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

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (WBTC) Wrapped Bitcoin is stored within your wallet, you're finished.