A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Sudan
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get your welcome Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange 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 illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find (WBTC) Wrapped Bitcoin As soon as your deposit has been verified, you will immediately have access to your finances and you can start purchasing and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (WBTC) Wrapped Bitcoin, you will need to put the cointype (WBTC) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we've marked this too. Click on “WBTC/BTC” to advance.
Step 4 – Purchasing Wrapped Bitcoin (WBTC) Once you have spotted Wrapped Bitcoin (WBTC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we are creating our Limit Order. The “Price” field will be filled with the most recent price (WBTC) Wrapped Bitcoin 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 aggregated price in Bitcoin that you will settle for the complete quantity of WBTC. When you're glad, make a mouse click on “Buy WBTC”. Your plan will be filled as soon as a Vendor trades their WBTC for the price you introduced.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you are regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Enter the quantity of Wrapped Bitcoin (WBTC) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.