How to Buy Wrapped Bitcoin (WBTC) in Moldova

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

Step 1 – Join Kraken

You will first need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive your first ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send 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 similar. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been approved, you will directly have access to your finances and you can commence buying and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To find (WBTC) Wrapped Bitcoin, you will need to put the shortname of the coin (WBTC) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this also. Click on “WBTC/BTC” to advance.

Step 4 – Buy Wrapped Bitcoin (WBTC)

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

The “Price” field will be filled with the latest tariff Wrapped Bitcoin (WBTC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of WBTC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of WBTC.

When you are happy, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Seller sells their WBTC for the price you introduced.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. In order to take off 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, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the given drop-down box. Put into the quantity of Wrapped Bitcoin (WBTC) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are happy, click “Submit”. You could be requested for email/phone verification before a take off.

Congrats! You've successfully purchased and stored Wrapped Bitcoin (WBTC) in Moldova.

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've proved your take off using Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored inside your wallet, you're done.