How to Buy Wrapped Bitcoin (WBTC) in Niger

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

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome Ethereum (ETH) or Bitcoin (BTC).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide)

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find (WBTC) Wrapped Bitcoin

As soon as your deposit has been verified, you will now have access to your assets and you can begin invest and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”.

In order to spot (WBTC) Wrapped Bitcoin, you'll need to insert the cointype (WBTC) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we have marked this also. Click on “WBTC/BTC” to go on.

Step 4 – Buy Wrapped Bitcoin (WBTC)

After you have found Wrapped Bitcoin (WBTC), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order.

The “Price” field will be automatically filled with the up-to-date price Wrapped Bitcoin (WBTC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of WBTC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of WBTC.

If you're glad, make a mouse click on “Buy WBTC”. Your order will be filled when a Vender 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 crypto coins on an Crypto Exchange for an longer time frame. To take off your (WBTC) Wrapped Bitcoin, hover over the “Funds” tab and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored 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 Wrapped Bitcoin (WBTC) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.

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

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe in your wallet, you are all done.