How to Buy Wrapped Bitcoin (WBTC) in Anguilla

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

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. 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've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Wrapped Bitcoin (WBTC)

As soon as your deposit has been verified, you will now have access to your assets and you can launch purchasing and trading. To invest in Wrapped Bitcoin (WBTC) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to find Wrapped Bitcoin (WBTC), you'll need to put the cointype (WBTC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we've highlighted this also. Click on “WBTC/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Wrapped Bitcoin (WBTC)
Step 4 – Acquisition of Wrapped Bitcoin (WBTC)

Once you have 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 image). Next we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date tariff Wrapped Bitcoin (WBTC) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of WBTC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of WBTC.

When you're glad, 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 are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extensive time period. In order to withdraw your Wrapped Bitcoin (WBTC), hover over the ”Funds” tab and mouse click on “Withdraw”. Wrapped Bitcoin (WBTC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Wrapped Bitcoin (WBTC) by using the given drop-down box. Put into the volumen of Wrapped Bitcoin (WBTC) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.

Kudos! You've successfully bought and stored Wrapped Bitcoin (WBTC) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Wrapped Bitcoin (WBTC) is stored inside your wallet, you're finished.

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