How to Buy Wrapped Bitcoin (WBTC) in Tunisia

A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Tunisia

Step 1 – Join Kraken

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and receive your welcome BTC (Bitcoin) or ETH (Ethereum).

Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been approved, you will directly have access to your assets and you can begin buying and trading. To buy Wrapped Bitcoin (WBTC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot (WBTC) Wrapped Bitcoin, you will need to insert the cointype (WBTC) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this also. Click on “WBTC/BTC” to proceed.

Step 4 – Acquisition of (WBTC) Wrapped Bitcoin

Once you have spotted Wrapped Bitcoin (WBTC), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to create our Limit Order.

The “Price” field will be automatically filled with the most up-to-date valuation (WBTC) Wrapped Bitcoin was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of WBTC you wish to purchase. The “Total” field is the whole price in BTC that you will pay for the whole amount of WBTC.

When you're satisfied, click on “Buy WBTC”. Your order will be filled as soon as a Vender trades their WBTC for the price you submitted.

Step 5 – Withdraw (WBTC) Wrapped Bitcoin

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your (WBTC) Wrapped Bitcoin, go to the “Funds” tab and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Enter the amount of (WBTC) Wrapped Bitcoin you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully bought and stored (WBTC) Wrapped Bitcoin in Tunisia.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is stored within your wallet, you're finished.