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 – Send Your Ethereum or Bitcoin to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Wrapped Bitcoin (WBTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin}

As soon as your deposit has been affirmed, you'll now have access to your funds and you can launch buying and trading. To invest in {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin}, you'll need to insert the shortname of the coin (WBTC) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we have marked this also. Click on “WBTC/BTC” to advance.

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

Once you've discovered {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin}, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order.

The ”Price” field will be filled automatically with the latest tariff {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of WBTC you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of WBTC.

When you are satisfied, make a mouse click on “Buy WBTC”. Your plan will be filled when a Vendor trades their WBTC for the price you submitted.

Step 5 – Withdraw {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin}

Unless you are trading, never keep your crypto coins on an Crypto Trader for an longer period of time. To withdraw your {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} by using the provided drop-down box. Drop in the amount of {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.

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

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the {Wrapped Bitcoin (WBTC)|(WBTC) Wrapped Bitcoin} is safe in your wallet, you're all done.

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