How to Buy Wrapped Bitcoin (WBTC) in Mayotte

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

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and to get your first 10 Dollar.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Wrapped Bitcoin (WBTC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find (WBTC) Wrapped Bitcoin

Once your deposit has been confirmed, you will directly have access to your finances and you can launch invest and trading. To purchase Wrapped Bitcoin (WBTC) on Binance, you will want to hover over theExchangetab and mouse click onBasic”.

In order to find (WBTC) Wrapped Bitcoin, you will need to insert the short name of the asset (WBTC) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have highlighted this too. Click onWBTC/BTCto proceed.

Step 4 – Purchasing Wrapped Bitcoin (WBTC)

After you've located Wrapped Bitcoin (WBTC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order.

ThePricefield will be automatically filled with the latest tariff (WBTC) Wrapped Bitcoin was traded for. This can be changed to your preferred rate. The field with theAmounttag is the amount of WBTC you wish to buy. The field with theTotaltag is the whole price in Bitcoin that you'll pay for the whole amount of WBTC.

When you are satisfied, click onBuy 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 are trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. To take off your Wrapped Bitcoin (WBTC), hover over theFundstab and click onWithdraw”. (WBTC) Wrapped Bitcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (WBTC) Wrapped Bitcoin by using the given drop-down box. Drop in the amount of (WBTC) Wrapped Bitcoin you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, make a mouse click onSubmit”. You could be requested for verfication via email/phone before a take off.

Congrats! You have successfully bought and safed Wrapped Bitcoin (WBTC) in Mayotte.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is safe in your wallet, you are finished.