A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Tajikistan
Step 1 – Join CEX.io You'll first need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and receive your first Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Wrapped Bitcoin (WBTC) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Wrapped Bitcoin (WBTC) Once your deposit has been verified, you will now have access to your assets and you can initiate buying and trading. To invest in Wrapped Bitcoin (WBTC) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To discover (WBTC) Wrapped Bitcoin, you will need to insert the shortname of the coin (WBTC) into the search-box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've marked this too. Click on “WBTC/BTC” to proceed.
Step 4 – Buying (WBTC) Wrapped Bitcoin Once you have spotted Wrapped Bitcoin (WBTC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The “Price” field will be filled automatically with the most up-to-date price Wrapped Bitcoin (WBTC) was traded for. This can be changed to your favoured price. The “Amount” field is the volumen of WBTC you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of WBTC. When you are glad, make a mouse click on “Buy WBTC”. Your plan will be filled when a Seller trades their WBTC for the price you gave.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time frame. To withdraw your Wrapped Bitcoin (WBTC), hover over the tab called “Funds” and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the quantity of (WBTC) Wrapped Bitcoin you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.