Questions tagged [wrapped bitcoin (wbtc)]

Davide Sat Jun 15 2024 | 6 answers 1324

Could you possibly elaborate on the process of purchasing Wrapped Bitcoin (WBTC) on the Coinbase platform? I'm quite interested in understanding the steps involved. Would it be necessary to first create an account on Coinbase? And once the account is set up, how would I navigate to the section where WBTC is available for purchase? Additionally, are there any specific requirements or verifications that need to be completed before making a purchase? Would it be possible to use fiat currency or would I need to first convert it to another cryptocurrency? Also, is there a minimum purchase amount for WBTC on Coinbase? Lastly, how long does the purchase process typically take, and are there any associated fees? Thank you for your assistance in clarifying this process.