How to Buy Wrapped Bitcoin (WBTC) in Timor-Leste

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

Degrau 1 – Join Coinbase and recieve 10$ for free

You'll first need to purchase one of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting your welcome 10$.

Degrau 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. Todas as trocas possuem um formulário de depósito semelhante. Wrapped Bitcoin (WBTC) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH para um endereço de depósito ETH, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Degrau 3 – Locate Wrapped Bitcoin (WBTC)

As soon as your deposit has been confirmed, you'll directly have access to your assets and you can initiate purchasing and trading. To invest in Wrapped Bitcoin (WBTC) em Binance, you'll want to go to the “Troca” guia e clique com o mouse em “Básico”.

To spot Wrapped Bitcoin (WBTC), you'll need to put the short name of the asset (WBTC) na caixa de pesquisa, which is marked in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Clique em “WBTC/BTCto go ahead.

Degrau 4 – Purchase Wrapped Bitcoin (WBTC)

After you've discovered Wrapped Bitcoin (WBTC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order.

O campo com o “Preço” tag will be filled with the most up-to-date tariff Wrapped Bitcoin (WBTC) was sold for. This can be changed to your preferred rate. O campo com o “Montante” tag is the volumen of WBTC you like to buy. O campo com o “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of WBTC.

If you are satisfied, click onBuy WBTC”. Your order will be filled as soon as a Vender trades their WBTC for the price you submitted.

Degrau 5 – Retirar (WBTC) Wrapped Bitcoin

Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Wrapped Bitcoin (WBTC), go to the “Fundos” tab and click on “Retirar”. (WBTC) Wrapped Bitcoin can be stored securely using a Wallet, e.g. MyEtherWallet. (Guia de configuração do MyEtherWallet)

Locate (WBTC) Wrapped Bitcoin by using the provided drop-down box. Put into the volumen of Wrapped Bitcoin (WBTC) you'd like to take off. Don't forget the demonstrated minimus/fees. Certifique-se também de que inseriu seu endereço de retirada correto.

Se você está feliz, click “Enviar”. You could be requested for email/phone verification before a take off.

Kudos! You have successfully purchased and stored (WBTC) Wrapped Bitcoin in Timor-Leste.

É isso aí!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutos (rely on usage of the network). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is safe within your wallet, you are finished.