A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Macedonia
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) 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 ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate (WBTC) Wrapped Bitcoin Once your deposit has been confirmed, you'll immediately have access to your funds and you can initiate 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 spot Wrapped Bitcoin (WBTC), you will need to insert the cointype (WBTC) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “WBTC/BTC” to continue.
Step 4 – Buying (WBTC) Wrapped Bitcoin After you've found (WBTC) Wrapped Bitcoin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled with the most latest rate (WBTC) Wrapped Bitcoin was traded for. You can change this to your preferred rate. The “Amount” field is the quantity of WBTC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of WBTC. When you're satisfied, click on “Buy WBTC”. Your plan will be filled as soon as a Vender sells their WBTC for the price you submitted.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. To withdraw your Wrapped Bitcoin (WBTC), hover over the “Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Drop in the amount of Wrapped Bitcoin (WBTC) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.