How to Buy Wrapped Bitcoin (WBTC) in Laos

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

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your first 10$.

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

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

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Locate (WBTC) Wrapped Bitcoin

As soon as your deposit has been affirmed, you will directly have access to your funds and you can commence purchasing and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To find Wrapped Bitcoin (WBTC), you will need to put the cointype (WBTC) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “WBTC/BTC” to go ahead.

Step 4 – Purchase Wrapped Bitcoin (WBTC)

As soon as you've located (WBTC) Wrapped Bitcoin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff Wrapped Bitcoin (WBTC) was traded for. This can be changed to your desired price. The “Amount” field is the quantity of WBTC you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of WBTC.

When you're happy, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vender trades their WBTC for the price you offered.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

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

Find (WBTC) Wrapped Bitcoin by using the provided drop-down box. Drop in the quantity of Wrapped Bitcoin (WBTC) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Kudos! You have successfully purchased and stored (WBTC) Wrapped Bitcoin in Laos.

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 with Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe within your wallet, you are finished.