The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
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.

According to market data, after approaching $20,000 in December 2017, Bitcoin experienced a collapse. A year later, the value of Bitcoin plummeted to $3,000. Recently, the price of Bitcoin has returned to its peak. Even on December 21, 2020, Bitcoin created a new historical high of $24,287.75, which also set off a buying frenzy for Bitcoin in the market. So, how do novices buy Bitcoin? The following Coin Circle editor will tell you about it, and at the same time popularize what are the precautions for novices to buy Bitcoin?

 How do novices buy Bitcoin?

If a novice wants to buy Bitcoin, the first thing to consider is how to choose a safe platform. When choosing a platform, try to choose the industry's top exchanges, which are relatively more secure, have a long history, strong risk resistance, and a higher reliability coefficient. For example, many people are using trading platforms, so the Coin Circle editor will take the OKEX trading platform as an example to tell you how novices can buy Bitcoin?

1. Account registration

1\. Open the official website, click the [] button in 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 to 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 the mobile phone number and click "Verify Now"

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

5. Select the country of residence/region, check the terms of service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. The password created must meet the conditions of 8-32 characters, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as:! @  $ % and so on

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.

2. Quickly buy coins:

1. First log in to the OKEX official website account, click "Buy Coins"--"C2C Buy Coins" on the page to enter the trading page.

2. Select an experienced merchant according to the amount and payment method you want to buy, and click "Buy USDT"

3. After buying USDT, click "Trade"--"Basic Trading" to enter the trading page

4. Select the BTC/USDT trading pair to see the real-time BTC market.

5. Fill in the number of BTC to buy, click Buy, if you want to sell, fill in the amount of BTC sold, and click Sell. Note: The minimum BTC transaction amount is 0.00001BTC

 Summary of things to note for novices buying Bitcoin

1. Strictly control stop loss and prevent risks. Investment can allow losses, but losses must be controlled within an acceptable range, so strictly setting stop loss is the first step for investors to make profits. People often complain that they have suffered heavy losses, so why don't you do a good job of stop loss? Others blindly go long when the market rises, and go short when the market falls. This kind of situation of chasing ups and downs is a big taboo in investment. Yanwen has always emphasized that no matter how much the market fluctuates, stop loss must be taken, usually 60-100 points.

2. Strictly control the stop profit. Yanwen repeatedly emphasized that the profit target is 100-200 points every time when making a layout. When reaching the target point, gradually expand the stop profit, so that you will not make much profit like some people. Why do you make less profit? It's time to think about it. The market trend is clear and you can obviously get more profits. Why not get it step by step? Follow the above operation strategy, make profits step by step, maximize profits, and then exit in time to pocket them. Short-term operations are to seize the profits of the band market.

3. Make a good plan to keep profits. Before the troops move, the food and grass must go first. Before entering the market, investors should first make a comprehensive prediction of today's market trend and set their profit and loss range scientifically. With a big direction and plan, you can effectively make profits by making orders in a planned way. Some people don't look at the points or the timing of entry, and want to do all kinds of orders. As a result, at the end of the day, it's a small matter if they don't make a profit, but they are very depressed if they lose money. They are busy all day and get nothing, and they are nervous. It's really not cost-effective. So it is very necessary to make a good plan.

4. Follow the trend and summarize experience. The most important principle of investment is to follow the trend. Investors can only make profits more safely by following the direction of the market. They can't see that the market is obviously going to rise, but insist on buying short, and the market is going to fall, and then go long. Don't you know that those who follow the trend will prosper, and those who go against the trend will perish.

When investors are trading Bitcoin, they must learn to read the Bitcoin K-line chart, because the K-line of a digital currency can analyze the situation of the digital currency. For example, if the K-line chart shows that the trading volume is very small, then this digital currency is not worth buying. In addition, if the digital currency only rises and never falls, or only falls and never rises, investors should not buy it. Of course, how to use the K-line chart requires investors to study for a long time before they can make more professional judgments.