A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Mauritania
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (WBTC) Wrapped Bitcoin As soon as your deposit has been affirmed, you will directly have access to your finances and you can start buying and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. To discover Wrapped Bitcoin (WBTC), you will need to insert the cointype (WBTC) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have marked this too. Click on “WBTC/BTC” to progress.
Step 4 – Purchasing Wrapped Bitcoin (WBTC) After you have located Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Wrapped Bitcoin (WBTC) was traded for. You can change this to your desired rate. The “Amount” field is the amount of WBTC you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of WBTC. If you're happy, click on “Buy WBTC”. Your order will be filled when a Seller trades their WBTC for the price you introduced.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're frequently trading, never keep your crypto coins on an Exchange for an longer time period. To withdraw your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Drop in the amount of Wrapped Bitcoin (WBTC) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.