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How do beginners buy Bitcoin Bitcoin beginner tutorial

Date:2024-08-12 19:05:52 Channel:Crypto Read:


The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Since November this year, the price of Bitcoin has hit a record high, just one step away from 20,000 US dollars. Compared with the beginning of the year, the price of Bitcoin has increased by more than 170%; compared with the low point in March, its increase is more than an astonishing 400%. Therefore, Bitcoin has become the most promising alternative investment product at this stage. For investors who have just entered the currency circle, they don’t know how to buy Bitcoin. So, how can novices buy Bitcoin? The following is a Bitcoin beginner’s tutorial for you, taking the Internet as an example for investors to learn.

 How do novices buy Bitcoin?

Today, the editor of the currency circle will take the purchase of BTC as an example to introduce to investors how novices can buy Bitcoin? The detailed tutorial is as follows:

1\. Open the official website of OKX Exchange, click the [] button on the upper right corner of the page to enter the registration page, and enter the email address on the homepage.

2\. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received in the email. The verification code is valid for 10 minutes.

3. Then enter your mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on your mobile phone, which is also valid for 10 minutes

5. Select your country of residence and check the Terms of Service, Risk and Compliance Disclosure, and Privacy Policy and Statement

6. The password you create must be 8-32 characters long, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as: ! @  $ % and other conditions

7. Verify your identity (KYC verification) before you can trade. On the homepage, click [Personal Center] - [Identity Authentication] to authenticate your identity.

Notes:

(1) The higher the authentication level, the easier it is to match better merchants and more favorable prices when conducting fiat currency transactions.

(2) The official website cannot perform LV.3 video authentication. Please download the Ouyi APP to complete the authentication.

8. Click "Trade" to enter the "Basic Trading" page

9. Select BTC/USTD trading pair

10. Fill in the purchase quantity, and note that the minimum purchase quantity is 0.00001BTC.

 Guide for Beginners to Buy Bitcoin

1. Most of the friends who enter the digital currency are deceived by pyramid schemes. Therefore, novices must pay attention that Bitcoin is a digital currency, but not all digital currencies are Bitcoin.

2. There are thousands of digital currencies in the market, but the boss is Bitcoin and the second is ETH. You can check it on aicoin (a professional digital currency market data APP). According to the market value (total number of issuances  price), it is recommended that novices only pay attention to the top 10, first understand this market, and then speculate.

Here I would like to remind you that if a currency cannot be found in this software, it is better to find it on the top three trading platforms (, Huobi, OKCOIN). It is basically a scam currency, so be careful. If you are not very good at using software, you can go to GUIBI (a professional digital currency strategy APP, which can be downloaded from the Apple Store) and ask the coin friends and moderators above.

3. The first thing that novices should avoid is pyramid scheme coins. Pyramid scheme coins basically have three characteristics:

1. Stable income, that is, as long as you are told that you can make money by buying and leaving it, and there is a fixed income every month, it is basically a pyramid scheme fund. The real digital currency, your income comes from the market fluctuations of selling high and buying low. No one will give you a fixed amount of money. The value fluctuates with the price, which is very unstable, and you also lose money.

2. Pyramid schemes generally require you to recruit people, that is, develop downlines according to the level. The higher the level, the more money you get. Basically, as long as there are these two characteristics, it is undoubtedly a pyramid scheme.

3. There is also a more hidden one, which also has some characteristics of digital currency, and it does not allow you to recruit people. It tells you that the price of the currency will continue to rise. When you log in to the website, there is only this currency and a few other currencies, and basically no one trades. This is basically a scam.

4. Be sure to choose a reliable platform. In China, Huobi, OKCOIN, and Binance are recommended. They have all been tested by the market, their technology is relatively stable and mature, and they are almost never deceived.

Newbies should not easily trust acquaintances, especially those who have just met online. Don't believe that pie will fall from the sky. You should study more and figure it out before you act.

5. Never buy digital currencies that you don't understand. If you really can't distinguish them, just follow the stupid method I said and buy only Bitcoin.

The editor of the currency circle kindly reminds investors that transactions without sufficient preparation often get half the result with twice the effort. The ancients said: sharpening the knife does not delay the chopping of wood, and the same is true for Bitcoin transactions. Therefore, those who are afraid of missing opportunities will never seize opportunities. You must do enough homework before trading, so that you can make a big splash in the currency circle investment market.

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