A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Togo
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Wrapped Bitcoin (WBTC) As soon as your deposit has been approved, you will now have access to your finances and you can initiate buying and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find (WBTC) Wrapped Bitcoin, you will need to insert the cointype (WBTC) into the search-box, which is marked in the image. Be certain of having choosen the correct pairing, we have marked this also. Click on “WBTC/BTC” to proceed.
Step 4 – Purchasing (WBTC) Wrapped Bitcoin After you've discovered Wrapped Bitcoin (WBTC), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're creating our Limit Order. The “Price” field will be filled with the most latest valuation (WBTC) Wrapped Bitcoin was sold for. You can change this to your favoured price. The “Amount” field is the quantity of WBTC you wish to buy. The “Total” field is the total price in Bitcoin that you will pay for the complete volumen of WBTC. If you are satisfied, click on “Buy WBTC”. Your order will be filled as soon as a Vendor trades their WBTC for the price you gave.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you are trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your (WBTC) Wrapped Bitcoin, hover over the “Funds” tab and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped Bitcoin (WBTC) by using the given drop-down box. Drop in the amount of Wrapped Bitcoin (WBTC) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be asked for phone/email verification before a take off.