How to Buy Wrapped Bitcoin (WBTC) in United Kingdom

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

Step 1 – Signup to CoinbaseGet Free $10

You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Wrapped Bitcoin (WBTC) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have selected the right coin you would like to deposit.

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

Step 3 – Find (WBTC) Wrapped Bitcoin

As soon as your deposit has been approved, you'll directly have access to your finances and you can commence buying and trading. To buy (WBTC) Wrapped Bitcoin on Binance, you'll want to go to theExchangetab and then mouse click onBasic”.

To find Wrapped Bitcoin (WBTC), you will need to put the cointype (WBTC) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click onWBTC/BTCto advance.

Step 4 – Purchasing Wrapped Bitcoin (WBTC)

After you have discovered (WBTC) Wrapped Bitcoin, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our Limit Order.

The field with thePricetag will be automatically filled with the most up-to-date tariff Wrapped Bitcoin (WBTC) was sold for. You can change this to your desired price. TheAmountfield is the amount of WBTC you like to buy. The field with theTotaltag is the aggregated price in Bitcoin that you will pay for the complete quantity of WBTC.

When you're happy, make a mouse click onBuy WBTC”. Your order will be filled when a Vender sells their WBTC for the price you offered.

Step 5 – Withdraw Wrapped Bitcoin (WBTC)

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To take off your (WBTC) Wrapped Bitcoin, hover over theFundstab and click onWithdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Wrapped Bitcoin (WBTC) by using the provided drop-down box. Enter the volumen of (WBTC) Wrapped Bitcoin you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, make a mouse click onSubmit”. You may be requested for phone/email verification before a take off.

Congrats! You have successfully bought and stored (WBTC) Wrapped Bitcoin in United Kingdom.

That's it!

Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the Wrapped Bitcoin (WBTC) is stored within your wallet, you're done.