A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Ukraine
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and getting your welcome Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Wrapped Bitcoin (WBTC) Once your deposit has been verified, you will instantly have access to your assets and you can begin buying and trading. To purchase (WBTC) Wrapped Bitcoin on Binance, you will want to hover over the “Exchange” tab and after that click on “Basic”. To locate Wrapped Bitcoin (WBTC), you'll need to put the short name of the asset (WBTC) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we have highlighted this also. Click on “WBTC/BTC” to go ahead.
Step 4 – Purchasing Wrapped Bitcoin (WBTC) Once you have found 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). Next we are making our Limit Order. The field with the “Price” tag will be filled automatically with the latest valuation Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of WBTC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of WBTC. When you're glad, click on “Buy WBTC”. Your plan will be filled when a Vender trades their WBTC for the price you offered.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. In order to withdraw your Wrapped Bitcoin (WBTC), go to the “Funds” tab and mouse click on “Withdraw”. (WBTC) Wrapped Bitcoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the given drop-down box. Put into the quantity of Wrapped Bitcoin (WBTC) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.