How to Buy Wrapped Bitcoin (WBTC) in Morocco

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

Step 1 – Join CEX.io

You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting your welcome Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate Wrapped Bitcoin (WBTC)

Once your deposit has been confirmed, you will directly have access to your assets and you can initiate purchasing and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to spot Wrapped Bitcoin (WBTC), you will need to put the shortname of the coin (WBTC) into the search box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've marked this also. Click on “WBTC/BTC” to proceed.

Step 4 – Purchasing (WBTC) Wrapped Bitcoin

Once you've spotted (WBTC) Wrapped Bitcoin, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our Limit Order.

The “Price” field will be filled automatically with the most up-to-date valuation (WBTC) Wrapped Bitcoin was traded for. This can be changed to your desired price. The “Amount” field is the amount of WBTC you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of WBTC.

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

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. In order to take off your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the given drop-down box. Drop in the volumen of (WBTC) Wrapped Bitcoin you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and safed Wrapped Bitcoin (WBTC) in Morocco.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is stored in your wallet, you are all done.