How to Buy Wrapped Bitcoin (WBTC) in Macau

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

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and getting your welcome 10$.

Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is accessible 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 selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been verified, you'll immediately have access to your assets and you can commence invest and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find (WBTC) Wrapped Bitcoin, you'll need to put the short name of the asset (WBTC) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this too. Click on “WBTC/BTC” to go on.

Step 4 – Buying Wrapped Bitcoin (WBTC)

Once you have located (WBTC) Wrapped Bitcoin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the latest price Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of WBTC you wish to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete amount of WBTC.

If you are happy, click on “Buy WBTC”. Your order will be filled as soon as a Vender sells their WBTC for the price you gave.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you're 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 tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Put into the quantity of (WBTC) Wrapped Bitcoin you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.

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

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored within your wallet, you're all done.