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.

How to start Bitcoin trading? How to get your first Bitcoin? Bitcoin is a digital currency ecosystem built on a series of concepts and technologies. "Bitcoin" in the narrow sense represents the monetary unit in the system used to store and transmit value. Users mainly use the Bitcoin system through the Internet, although other networks can also be used. The Bitcoin protocol is implemented in the form of various open source software, which can run on a variety of devices such as laptops and smartphones, allowing users to easily access the Bitcoin system.

Bitcoin is a distributed peer-to-peer network system. So there is no "central" server and no central issuing authority. Bitcoins are produced through "mining," which involves validating Bitcoin transactions while participating in a competition to solve a mathematical problem. In a certain sense, Bitcoin is the perfect form of Internet currency. Because it is fast, safe and borderless. So how to start trading Bitcoin? How to get your first Bitcoin? Let’s take a look at the detailed introduction below.

1. Bitcoin is a standard. To trade Bitcoin, you must first download a client software that runs Bitcoin. 

Bitcoin clients are similar to email clients and come in three forms:

1\.
Complete client: the most complete and powerful, saves a complete copy of the Bitcoin transaction, manages the user's Bitcoin wallet, and allows direct transactions. A complete client is equivalent to a complete node in itself, similar to a user who has developed a mail system by himself and has an independent server and mail address.

2\.
Lightweight client: does not save a complete copy of all transactions and needs to rely on a third-party server to obtain transaction confirmations. It is somewhat similar to the Foxmail mail client. It does not have a mail server of its own and relies on a third-party mail server to send and receive mail.

3\. Online client: Access and store your own wallet on a third-party server through a browser, similar to the web version of QQ Mailbox, which uses the QQ Mailbox server to send and receive emails.

How to choose which form of client?

The full client is definitely the most powerful and secure, but it will be relatively complicated to set up and use. But we still have to remind you: Bitcoin wallets are unlocked with a key. If the key is forgotten, your Bitcoin will be really useless, but there is no such thing as retrieving the password.

The online client is the easiest to set up and use, but after all, there is a third party involved and there are certain risks. Generally speaking, there are no problems with well-known client software.

Lightweight client software: Multibit

1. After downloading and installing the Multibit software, the client will automatically generate a wallet and a new Bitcoin address for the user. A Bitcoin address is a long string of characters that allows anyone to send Bitcoin directly to a new wallet.

2. Users can create new Bitcoin addresses at will, with almost no limit on the number. This is more conducive to protecting privacy.

2. How to get your first Bitcoin?

New users have four ways to earn Bitcoin:

1\. Find a friend who has Bitcoin and buy it directly from him

2\. Use the classified service website localbitcoins.com to find sellers in your area and use cash to trade face-to-face.

3\. Sell a product or service in exchange for Bitcoin.

4\.
Use a Bitcoin ATM in your area (CoinDesk provides an online map to find nearby Bitcoin ATMs). I went to Baidu to check. The first Bitcoin ATM in China was placed in a cafe in Zhangjiang Hi-Tech Park in Shanghai in 2014. It has now been removed. Bitcoins can only be purchased with RMB and cannot be exchanged for Bitcoins. into RMB. Maybe there should be many Bitcoin ATMs in China now, after all, they have been around for several years.

Currently, you can’t buy Bitcoins in banks and exchange them for Bitcoins. You can go to some specialized stores to buy Bitcoins. And now the Chinese government bans Bitcoin trading, so you can only go to foreign exchange websites. For example, Bitstamp (a European currency market) and Coinbase (the United States), these types of exchanges strive to survive in national currencies and cryptocurrencies, and will be restricted by the regulations of various countries. For example, Bitcoin can only be exchanged with the currency of the country, etc.

3. Receive the first Bitcoin

For example, A finds friend B and wants to buy 10 yuan of Bitcoin from B. They make an appointment to meet in a cafe, and A brings his own Bitcoin address QR code.

1. First, B understands that the current exchange rate is that 1 Bitcoin is worth 100 yuan. Then A pays B RMB 10. B should pay A 0.1 Bitcoin, which is 10,000,000 satoshis. Satoshi is the smallest unit of Bitcoin. , 1 bit equals 100 million Satoshi. (There are some websites that provide market exchange rate inquiries, such as: Bitcoin
Charts, Bitcoin Average, ZeroBlock, Bitcoin Wisdom, etc.)

2. B opens his own Bitcoin wallet application, scans the QR code of A's Bitcoin address, and enters A's payment address (you can also enter it manually, but this address is really long, complicated, and a bit tiring). Then enter the Bitcoin amount of the transaction, 0.1 Bitcoin, and click Send. B creates a transaction. The transaction is broadcast to the entire network nodes for confirmation. When a miner grabs the accounting rights, the accounting is successfully recorded and recognized by the entire network, and a new transaction is generated. The block is added to the blockchain, then the transaction is confirmed and the whole process takes about 10 minutes. At this time, A opens his own Bitcoin wallet application software and can see that he owns 0.1 Bitcoin.