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Where & how to buy Wrapped Bitcoin (WBTC) in Saudi Arabia

Updated on:  2024/12/18 12:29:49(UTC+0)
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Bitget is legally accessible in Saudi Arabia. You can buy Wrapped Bitcoin in Saudi Arabia through Bitget.
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Simple 3-step guide to buying WBTC today in Saudi Arabia

1

Create your free Bitget account

Provide your email address and place of residence.
2

Select a funding method

Fund your account using your preferred payment method.
3

Complete your Wrapped Bitcoin purchase

Buy Wrapped Bitcoin with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Sign up and download the Bitget app to start your journey on Bitget.
Kindly verify your identity to ensure full compliance and enhance your Bitget experience.
You can access the identity verification page, fill out your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for Wrapped Bitcoin using a payment method of your choice:

  • Buy Wrapped Bitcoin with a debit/credit card

    For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the Buy tab.
    Complete your payment on Bitget App image 1Credit/Debit in the Buy Crypto tab of the Bitget app
    Enter the bank card details to complete your payment on Bitget Website image 1Credit/Debit in the Buy Crypto tab of the Bitget website
    Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
    Complete your payment on Bitget App image 2Add a new card to complete your payment on the Bitget app
    Enter the bank card details to complete your payment on Bitget Website image 2Enter your bank card details to complete your payment on the Bitget website
    For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.
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    How to buy crypto with credit/debit card
  • Buy Wrapped Bitcoin with Google Pay or Apple Pay

    Converting your Google Pay and Apple Pay balance into Wrapped Bitcoin is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Wrapped Bitcoin order.
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    How to buy crypto via third-party gateway
  • Buy with bank transfer

    We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Wrapped Bitcoin order.
  • Buy Wrapped Bitcoin with the fiat balance in your Bitget account

    You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Wrapped Bitcoin order.
  • P2P trading

    With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.
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    How to buy crypto on Bitget P2P

Step 3: Monitor Wrapped Bitcoin in your Bitget spot wallet

If you've chosen to purchase Wrapped Bitcoin on Bitget, your Wrapped Bitcoin will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.
Check your Assets
Check your assets

Bitget: Where the world trades Wrapped Bitcoin

Alternative methods to buy Wrapped Bitcoin in Saudi Arabia

In addition to purchasing Wrapped Bitcoin directly, there are numerous other ways to obtain Wrapped Bitcoin.

Buy Wrapped Bitcoin with crypto on Bitget Convert

Bitget Convert offers a secure, swift, and zero transaction fee method to convert crypto to Wrapped Bitcoin. Just choose your available crypto assets, specify the amount for the Wrapped Bitcoin swap, confirm, and check Wrapped Bitcoin instantly credited to your spot account. Ensure sufficient account balance before proceeding with the conversion.
Bitget Convert Preview
Bitget Convert preview

Swap on-chain assets to Wrapped Bitcoin with Bitget Swap

Unlike buying or selling crypto, swapping does not access traditional financial rails since fiat currencies are not involved. Bitget Swap supports over 250,000 cryptocurrencies on 30 major blockchains including Ethereum, Polygon, and Solana. You can exchange any other crypto to Wrapped Bitcoin anytime, anywhere, including cross-chain transactions. Transaction gas fees are automatically converted.
Click Trade > [Bitget Swap] in the top navigation bar to swap any other cryptocurrency for Wrapped Bitcoin.

How to buy Wrapped Bitcoin for free

Using real money to buy Wrapped Bitcoin is not the only way to obtainWrapped Bitcoin. If you have the time to allocate, you can get Wrapped Bitcoin for free.
All crypto airdrops and rewards can be converted to Wrapped Bitcoin through Bitget Convert, Bitget Swap, or Spot Trading.
Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Wrapped Bitcoin Price Page and bookmark them to stay updated!
Wrapped Bitcoin

Buy Wrapped Bitcoin

WBTC / USDTCurrent price:
$105,007.8
-1189.30
0.00%24H
The live Wrapped Bitcoin price today is $105,007.8 USD with a 24-hour trading volume of $163863.16 USD. We update our WBTC to USD price in realtime. WBTC is 0.00% in the last 24 hours.
Are you planning to buy WBTC?
See if other users are buying WBTC:
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Buy Wrapped Bitcoin in a different country

You can easily buy Wrapped Bitcoin (Wrapped Bitcoin) with the lowest fees and highest security wherever Bitget is available. Select your country in the search box below to start buying Wrapped Bitcoin in your preferred location:
A selection of popular Wrapped Bitcoin buying regions.
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What can you do with Wrapped Bitcoin in Saudi Arabia?

Now that you've secured your share of the digital revolution, it's time to take the next steps. Whether you're a seasoned investor or just starting out, explore our advanced trading features, like margin trading and futures trading, to amplify your potential returns. Keep an eye on the market through our intuitive interface and real-time charts, helping you seize opportunities as they arise. Consider staying ahead of market trends with Bitget's insightful educational resources, providing you with the knowledge you need to make informed trading decisions. Your crypto journey has just begun. With Bitget, you're positioned to navigate the exciting world of cryptocurrencies with confidence. And remember, our dedicated customer support team is here to assist you on your journey, addressing any queries you might have.
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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.

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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.

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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.

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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.

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Earn Wrapped Bitcoin (WBTC)

Earn passive income by staking or lending Wrapped Bitcoin (WBTC) through services like On-chain Earn, PoolX, and Launchpool on Bitget.
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Wrapped Bitcoin (WBTC) futures

Bitget, a world-leading cryptocurrency futures exchange, offers a variety of trading strategies to adapt to different market conditions. With 24/7 trading, ample liquidity, fast matching, and an excellent user experience, it provides unparalleled convenience for investors.

Market stats to assist in determining optimal times for purchasing Wrapped Bitcoin

Maybe you just need to know more about it. Let us briefly guide you through the most interesting Wrapped Bitcoin facts from our Bitget Academy articles. Learn why people buy Wrapped Bitcoin today!

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

WBTCUSDT

Wrapped Bitcoin (WBTC) Resources

Official Website

Official Whitepaper

Buy Wrapped Bitcoin in Saudi Arabia with Bitget

How to safely store your Wrapped Bitcoin

After purchasing your Wrapped Bitcoin, you have several options for managing it. You can store it in your personal crypto wallet or keep it in your Bitget account. Some investors choose to hold onto their Wrapped Bitcoin for long-term growth. For enhanced security and risk management of your WBTC assets, consider using Bitget Wallet, known for its top-tier protection supported by Suntwin Technology, Qingsong Cloud Security, HEAP, and Armors.
Here's how you can manage your WBTC on Bitget:
1. Storing your Wrapped Bitcoin:
  • Sign up and transfer WBTC to your Bitget account.
  • Alternatively, use Bitget Wallet as a self-custody solution for your WBTC.
2. Trading and earning:
Trade Wrapped Bitcoin for other cryptocurrencies or stake WBTC on Bitget Earn to earn passive income.
Sign up now to benefit from secure Wrapped Bitcoin management with Bitget.

How to withdraw Wrapped Bitcoin with Bitget's hassle-free withdrawal process

Using an exchange is one of the most convenient methods to cash out your Wrapped Bitcoin or other crypto, and Bitget stands out as an excellent choice. With its user-friendly Buy/Sell buttons, Bitget simplifies the experience, allowing you to intuitively select the cryptocurrency you want to sell and specify the sell amount.
When it comes to withdrawing the Wrapped Bitcoin you've acquired, Bitget offers a seamless experience. Enjoy competitive fees, a flexible minimum withdrawal threshold, and lightning-fast delivery times within 24 hours, ensuring your is readily available for you.
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The desert kingdom that is Saudi Arabia has known during the last two millennia two epochs of light, two golden ages. Saudi Arabia is the leading oil-producing country in the world. The country is also known for its hot and desert climate. English is widely used, while other languages spoken in the kingdom are Indonesian, Somali, Tagalog, Urdu, and Western Persian. The local currency is Saudi Riyal (SAR).

The surface of the Saudi territory is mainly occupied by deserts. However, the country shows very different faces. In the south, the Sarawat mountains are green. In the center, the Nadj is a steep region. The West and the North are covered with lava that creates huge sandy areas. The country is bathed by the Red Sea on its western part and the Persian Gulf on the east. Saudi Arabia covers more than 45% of the Arabian Peninsula. Some rivers cross the country. However, in the dry season, they are completely dried up.

Saudi Arabia's economy is mainly based on oil. It is, to this day, the leading producer of black gold, with more than a quarter of the world's total production locked up in its subsoil. Tourism is also an actor that plays an increasingly important role. In addition to pilgrimages, the country welcomes more and more travelers and can thus diversify its economy.

Whether you're in Medina, Mecca, Jeddah, Riyadh, or anywhere in Saudi Arabia, you can buy cryptos easily on Bitget. Bitget is one of the most secure cryptocurrency exchange platforms that acquired U.S. MSB License, Canada MSB License, and Australian (DCE) License to ensure you have the safest trading experience.

FAQ

Can I buy US$1 worth of Wrapped Bitcoin?

In theory, Wrapped Bitcoin can be divided and bought in an amount that is worth US$1, but on Bitget, the minimum order amount on the spot market is limited to US$5.

Can I buy US$10 of Wrapped Bitcoin?

Yes, can be divided and bought in an amount that is worth US$10. On Bitget, the minimum order amount on the spot market is limited to US$5.

Where else can I buy Wrapped Bitcoin?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Wrapped Bitcoin?

The best place to buy Wrapped Bitcoin is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Wrapped Bitcoin right now?

You should make a decision on purchasing or investing in Wrapped Bitcoin or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.
Cryptocurrency investment activities, including actions done to buy Wrapped Bitcoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Wrapped Bitcoin instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Wrapped Bitcoin purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.