A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Kosovo
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have 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 Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Wrapped Bitcoin (WBTC) Once your deposit has been approved, you will instantly have access to your finances and you can initiate invest and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To find (WBTC) Wrapped Bitcoin, you will need to insert the cointype (WBTC) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have marked this too. Click on “WBTC/BTC” to progress.
Step 4 – Purchasing (WBTC) Wrapped Bitcoin After you've located Wrapped Bitcoin (WBTC), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're making our own Limit Order. The “Price” field will be automatically filled with the latest valuation Wrapped Bitcoin (WBTC) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of WBTC you wish to buy. The “Total” field is the aggregated price in BTC that you will pay for the whole quantity of WBTC. If you are glad, click on “Buy WBTC”. Your order will be filled when a Vendor trades their WBTC for the price you introduced.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you are regularly trading, you should never keepyour crypto on an Exchange for an longer time period. In order to take off your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Enter the amount of (WBTC) Wrapped Bitcoin you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.