A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Togo
Step 1 – Join Kraken You will first need to purchase units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your welcome Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (WBTC) Wrapped Bitcoin Once your deposit has been approved, you will now have access to your assets and you can begin invest and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”. To discover Wrapped Bitcoin (WBTC), you'll need to put the cointype (WBTC) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “WBTC/BTC” to continue.
Step 4 – Purchasing (WBTC) Wrapped Bitcoin After you have discovered (WBTC) Wrapped Bitcoin, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The “Price” field will be filled with the most up-to-date tariff (WBTC) Wrapped Bitcoin was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of WBTC you want to purchase. The “Total” field is the whole price in Bitcoin that you will pay for the complete volumen of WBTC. When you're happy, make a mouse click on “Buy WBTC”. Your order will be filled when a Seller sells their WBTC for the price you offered.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended period of time. To withdraw your Wrapped Bitcoin (WBTC), hover over the tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the quantity of Wrapped Bitcoin (WBTC) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You could be asked for phone/email verification before a take off.