I was a fighter a wild fighter before taekwondo it all depends...
I became flexible at 2 months training from Monday to Friday at 3 PM and hour session.
Not only you will become flexible... also you will have muscles in your whole leg....
But you have also to do some arms excessive... or to the opposite you will end up with weak arms...
I focus to much in legs... yeah... I'm white belt not to lie... But I did start with my friend long time ago he is 3 Dan now... and he is at my level...
just remember also your joints are your weak point... since you will get an exercise... your legs are going to last longer... don't use wraps unless you need to... After certain time the resistance will only last for lest than 15 to 30... depending in the sweat...
But you can use preventing wraps... in your feet and arm... But since the warps makes you weak if you get used to it... Is not recommended....
I use wraps when I want to fight for real... It all depends in what Kind style you are... Hard and quick, Quick and accurate or evade and attack or vanguard (Attack is the best defense) since I only have stronger legs I start to become more Hard and quick and wraps helps you to not only to stop the delay of your quick also to improve your recoil Depending from your uniform to your wraps...
Every person is different... So if you like to move faster... Wraps can help you at the time... No they don't stop you... they fix the muscles you have less recoil in movement... although it varies sometimes is less than one second... enough to change the course of the fight...
Just a tip... don't become weak in hands... or you won't last long if they attack you... But since you are In Muay thai that makes easy to use wraps also to have stronger legs and arms...
Nice dude... keep going some day you will become a ripped man. Hahahaha~
Since you will be using part of your body elbow and knee too... Be careful with your joints...
Good luck