Where and how to buy Wrapped Bitcoin in United Arab Emirates
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Wrapped Bitcoin order through any of the various payment options provided.
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
Step 4:Monitor Wrapped Bitcoin in your Bitget spot account
Alternative methods to obtain Wrapped Bitcoin in United Arab Emirates
Convert crypto to Wrapped Bitcoin with Bitget Convert
Swap on-chain assets to Wrapped Bitcoin with Bitget Swap
Methods to obtain Wrapped Bitcoin for free
Buy other cryptos
Buy Wrapped Bitcoin in a different country
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How to buy Wrapped Bitcoin in other countries?
What can you do with Wrapped Bitcoin?
Store/Hold Wrapped Bitcoin
Many users hold on to their Wrapped Bitcoin with the expectation of it increasing in value. You can store your WBTC safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Wrapped Bitcoin
You can trade Wrapped Bitcoin for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Wrapped Bitcoin trading to meet your needs.
Send Wrapped Bitcoin
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Wrapped Bitcoin online and send to anyone and anywhere with their Wrapped Bitcoin address.
Spend Wrapped Bitcoin
You can also buy goods and services with your Wrapped Bitcoin. More and more vendors and retailers accept Wrapped Bitcoin every day.
Donate Wrapped Bitcoin
Bitget Charity accepts Wrapped Bitcoin donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Wrapped Bitcoin so no one misses out on the growth made possible by blockchain.
Learn More About Wrapped Bitcoin
You can read more in-depth articles on Wrapped Bitcoin from Bitget Research and study how cryptocurrencies like Wrapped Bitcoin work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Wrapped Bitcoin
What is Wrapped Bitcoin (WBTC)?
Wrapped Bitcoin is a token on Ethereum that is backed one-to-one by Bitcoin. After the introduction of DeFi on the Ethereum blockchain, Wrapped Bitcoin (WBTC) was created to let crypto users provide liquidity for Bitcoin on Ethereum and use Bitcoin in different decentralized applications. The total market value of WBTC is $11 billion in 2022.
How Wrapped Bitcoin (WBTC) Works
When a merchant wants to have new WBTC tokens in exchange for BTC, he calls on the Wrapped Bitcoin smart contract and sends his BTC to a custodian. The custodian then triggers the smart contract to mint new WBTC and send it to the merchant. When the merchant wants his BTC back, he submits his WBTC to the custodian and gets his BTC. That WBTC is then burned.
How Many Wrapped Bitcoin (WBTC) Tokens Are in Circulation?
WBTC only has a circulating supply, which is 176,348 at the moment.
How to Buy Wrapped Bitcoin (WBTC)
Consider investing in Wrapped Bitcoin (WBTC)? It only takes 2 minutes to create an account on Bitget and start trading WBTC.
Check out the available WBTC trading pairs on Bitget!
Spot market
Wrapped Bitcoin (WBTC) Resources
Buy Wrapped Bitcoin in United Arab Emirates with Bitget
How to safely store your Wrapped Bitcoin
- Sign up and transfer WBTC to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your WBTC.
How to withdraw Wrapped Bitcoin with Bitget's hassle-free withdrawal process
The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.
WBTC to local currency
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