How to Buy Wrapped Bitcoin (WBTC) in Serbia

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

Step 1 – Join Kraken

You will first need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get your first Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Funds to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

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

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate invest and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”.

In order to locate (WBTC) Wrapped Bitcoin, you'll need to insert the shortname of the coin (WBTC) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we have highlighted this too. Click on “WBTC/BTC” to progress.

Step 4 – Purchase Wrapped Bitcoin (WBTC)

After you've found Wrapped Bitcoin (WBTC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The “Price” field will be filled with the most latest tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of WBTC you want to buy. The “Total” field is the whole price in BTC that you'll settle for the complete volumen of WBTC.

When you are satisfied, click on “Buy WBTC”. Your plan will be filled as soon as a Vendor sells their WBTC for the price you offered.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended period of time. To take off your (WBTC) Wrapped Bitcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Congrats! You've successfully bought and stored (WBTC) Wrapped Bitcoin in Serbia.

That's it!

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