How to Buy Wrapped Bitcoin (WBTC) in Mauritius

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

Step 1 – Signup to Kraken

You will first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your first Ethereum or Bitcoin.

Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange 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 illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate (WBTC) Wrapped Bitcoin

As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can initiate invest and trading. To invest in Wrapped Bitcoin (WBTC) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”.

In order to discover Wrapped Bitcoin (WBTC), you will need to put the short name of the asset (WBTC) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we have marked this also. Click on “WBTC/BTC” to continue.

Step 4 – Acquisition of (WBTC) Wrapped Bitcoin

Once you have spotted Wrapped Bitcoin (WBTC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're going to make our Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price (WBTC) Wrapped Bitcoin was sold for. You can change this to your desired rate. The “Amount” field is the volumen of WBTC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of WBTC.

When you are happy, make a mouse click on “Buy WBTC”. Your order will be filled when a Seller sells their WBTC for the price you gave.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you're trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. To take off your (WBTC) Wrapped Bitcoin, hover over the “Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Put into the volumen of (WBTC) Wrapped Bitcoin you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully purchased and stored Wrapped Bitcoin (WBTC) in Mauritius.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off using Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored within your wallet, you're all done.