A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Zambia
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your first Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Wrapped Bitcoin (WBTC) Once your deposit has been confirmed, you'll now have access to your assets and you can launch invest and trading. To invest in (WBTC) Wrapped Bitcoin on Binance, you'll want to hover over the “Exchange” tab and then mouse click on “Basic”. In order to find Wrapped Bitcoin (WBTC), you will need to insert the short name of the asset (WBTC) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “WBTC/BTC” to proceed.
Step 4 – Buy Wrapped Bitcoin (WBTC) After you've found (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 making our own Limit Order. The “Price” field will be filled automatically with the most latest tariff Wrapped Bitcoin (WBTC) was traded for. This can be changed to your preferred price. The “Amount” field is the volumen of WBTC you like to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of WBTC. When you're happy, make a mouse click on “Buy WBTC”. Your order will be filled as soon as a Vendor trades their WBTC for the price you introduced.
Step 5 – Withdraw Wrapped Bitcoin (WBTC) Unless you're trading, never keep your crypto on an Exchange for an longer time period. In order to withdraw your Wrapped Bitcoin (WBTC), go to the tab called “Funds” and click on “Withdraw”. (WBTC) Wrapped Bitcoin can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the amount of (WBTC) Wrapped Bitcoin you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a take off.