A Step-by-Step-Guide on how to buy Wrapped Bitcoin (WBTC) in Guatemala
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10 Dollar.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (WBTC) Wrapped Bitcoin As soon as your deposit has been affirmed, you'll directly have access to your finances and you can start buying and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover (WBTC) Wrapped Bitcoin, you will need to put the short name of the asset (WBTC) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “WBTC/BTC” to go on.
Step 4 – Purchasing Wrapped Bitcoin (WBTC) After you have spotted (WBTC) Wrapped Bitcoin, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to make our Limit Order. The “Price” field will be filled automatically with the up-to-date price (WBTC) Wrapped Bitcoin was traded for. This can be changed to your preferred rate. The “Amount” field is the quantity of WBTC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole amount of WBTC. When you're happy, click on “Buy WBTC”. Your plan will be filled as soon as a Vender trades their WBTC for the price you introduced.
Step 5 – Withdraw (WBTC) Wrapped Bitcoin Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. In order to withdraw your (WBTC) Wrapped Bitcoin, hover over the tab called “Funds” and click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Wrapped Bitcoin (WBTC) by using the provided drop-down box. Drop in the volumen of Wrapped Bitcoin (WBTC) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.