How to Buy Wrapped Bitcoin (WBTC) in Romania

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get your welcome 10$.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader 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 example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Wrapped Bitcoin (WBTC)

Once your deposit has been verified, you will instantly have access to your assets and you can commence purchasing and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to hover over the “Exchange” tab and after that click on “Basic”.

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

Step 4 – Purchase Wrapped Bitcoin (WBTC)

After you have discovered (WBTC) Wrapped Bitcoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of WBTC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of WBTC.

If you are happy, make a mouse click on “Buy WBTC”. Your plan will be filled when a Vender trades their WBTC for the price you offered.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Wrapped Bitcoin (WBTC) by using the given drop-down box. Enter the quantity of (WBTC) Wrapped Bitcoin you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Kudos! You've successfully purchased and stored Wrapped Bitcoin (WBTC) in Romania.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (WBTC) Wrapped Bitcoin is stored within your wallet, you're done.