WBTC or Wrapped Bitcoin is an Eth ERC-20 token that represents bitcoin, where one WBTC equals one BTC. A wrapped bitcoin can be converted into bitcoin, and vice versa. What makes it different from BTC is its faster integration into the Eth world and smart contracts. Here is the brief guide on how to buy Wrapped Bitcoin in 4 easy steps at 3+ crypto exchanges.
How to Buy Wrapped Bitcoin 4 easy steps?
Step 1 – Choose a cryptocurrency exchange and create your account
Step 2 – Create an account with the exchange
Step 3 – Make the purchase. Add the payment method and start your trade
Step 4 – Select WBTC OR Wrapped Bitcoin from the list of Assets and Buy
Step 1 - Choose a cryptocurrency exchange and create your account
The first step starts with choosing the right cryptocurrency exchange platform that can yield you high returns. You can simply do a little research or check our latest blog on the top ten cryptocurrency exchange platforms as of 2022.
Step 2 - Create an account with the exchange
Sign up and start the registration process with the exchange. ID verification time varies from platform to platform.
Step 3 - Make the purchase. Add the payment method and start your trade
Connect with the payment method and select the buy and sell option that varies from exchange to exchange.
Step 4 - Select WBTC OR Wrapped Bitcoin from the list of Assets and Buy
Every trading platform has a list of assets, so you have to choose Wrapped Bitcoin from the list. Finalize your purchase after confirming the details.
Also read:Urapped Bitcoin Price Prediction
Popular Video Guides on Buying Wrapped Bitcoin(WBTC)
Where to buy Wrapped Bitcoin (WBTC)?
Also read: Check Wrapped Bitcoin prices live
1. Kraken
With low fees and strong security, Kraken can be your ideal choice to buy Wrapped Bitcoin. Kraken's low fees and comprehensive security safeguards make it an excellent platform for high- or low-volume customers who don't mind the extra transaction procedures.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2011 |
| Deposit Methods | Visa and Mastercard debit/credit card, Digital wallet purchases, ACH online banking |
| Deposit Fees | None |
| Cryptos Listed | Bitcoin, Ethereum, Cardano, Dogecoin, Litecoin, Polkadot, Polygon, Ripple |
| Trading Fees | 0.25% per trade |
| Fiat Currencies Supported | 150+ coins |
| Trustworthiness | Safe |
2. Coinbase
Coinbase is the second largest cryptocurrency exchange after Binance featuring more than 50 cryptocurrencies listed on it. It has a minimum deposit fee and allows you to easily buy Wrapped Bitcoin in a few clicks only.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | June, 2012 |
| Deposit Methods | PayPal, Debit/Credit Cards, Wire Transfers, Apple/Google Pay |
| Deposit Fees | 0 |
| Cryptos Listed | 170 |
| Trading Fees | 1% |
| Fiat Currencies Supported | EUR, USD, GBR |
| Trustworthiness | Safe |
3. Bitfinex
Bitfinex is said to ensure a fair trading system, and the exchange also has three types of wallets. It has low trading costs and provides extensive support for you to buy Wrapped Bitcoin.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | December, 2012 |
| Deposit Methods | Credit/Debit Card, Bank Transfer, Cryptocurrency, or Tether Tokens |
| Deposit Fees | None |
| Cryptos Listed | BTC, LEO, USDT, XAUT, and others |
| Trading Fees | 0.20% or less |
| Fiat Currencies Supported | 170+ coins |
| Trustworthiness | Safe |
Frequently Asked Questions
Where can you buy WBTC with a credit or debit card?
You can buy Wrapped Bitcoin at all the crypto exchanges mentioned above. Bitpay and NEXO are some other examples of trading platforms where you can buy WBTC with your cards.
What will you need to buy WBTC?
To buy WBTC, you will need to create an account on any one of the Crypto exchanges like Bitfinex or Coinbase, and then select the right wallet.
What is the easiest way to buy WBTC?
With the right trading platforms, you can easily buy WBTC with low fees and high security.
- Create a free account on any trading platform’s website or application.
- Choose the available payment mode in your country to buy the Wrapped Bitcoin Asset.
- Purchase the crypto at the current price and check your order amount.
- You can now store your crypto in a wallet or on the trading platform itself.
Best wallets to store your WBTC
Best wallets to store WBTC are Eidoo, Coinbank, Coinbase Wallet and Green Address
- Mobile Wallets- Eidoo, Green Address, Coinbank.
- Online Wallets- Green Address, Coin Corner, Coinbase Wallet.
- Paper Wallets- printed-out private and public keys.
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Wrapped Bitcoin Price Prediction | KoinX
Wrapped Bitcoin (WBTC) is a type of cryptocurrency that is based on the Bitcoin blockchain.
How to buy Wrapped Bitcoin | Buy WBTC in Four easy steps | KoinX
Our step-by-step guide on how to buy Wrapped Bitcoin(WBTC)
