A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Syria
Step 1 – Join Kraken You'll first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and getting your welcome ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate (WBTC) Wrapped Bitcoin As soon as your deposit has been affirmed, you will instantly have access to your funds and you can launch invest and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot (WBTC) Wrapped Bitcoin, you'll need to put the short name of the asset (WBTC) into the search box, which is marked in the image. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “WBTC/BTC” to continue.
Step 4 – Buy (WBTC) Wrapped Bitcoin After you have discovered (WBTC) Wrapped Bitcoin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our Limit Order. The “Price” field will be filled with the up-to-date tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of WBTC you like to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete volumen of WBTC. When you are satisfied, click on “Buy WBTC”. Your plan will be filled when a Seller trades their WBTC for the price you introduced.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time period. To withdraw your (WBTC) Wrapped Bitcoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Enter the volumen of Wrapped Bitcoin (WBTC) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You could be requested for phone/email verification before a withdrawal.