If you want to invest in Bitcoin but don’t know where to start, don’t worry. This article will teach you step by step how to buy Bitcoin, from account opening, verification, to actual purchase of Bitcoin. Even if you are a complete novice, you can complete your first cryptocurrency investment in 30 minutes.
Want to invest in Bitcoin but don’t know where to start?
Don’t worry, this article will teach you step by step how to buy Bitcoin, from account opening, verification, to actual purchase of Bitcoin. Even if you are a complete novice, you can make your first cryptocurrency investment in 30 minutes.
Bitcoin (BTC), as the world's most watched cryptocurrency, has not only attracted the attention of large institutions such as Wall Street and Tesla, but has also become "digital gold" in the eyes of a new generation of young investors.
Now, if you want to buy Bitcoin, you no longer need to understand blockchain programming, nor do you need to encounter complicated cold wallet settings—you only need a mobile phone to open an account, swipe your card, and buy coins.
This article will take you through:
The goal is simple: help you go from "wanting to invest" to "buying your first BTC".
Why is Bitcoin worth investing in? Three reasons you should know
In Taiwan, more and more young people are beginning to pay attention to "how to buy Bitcoin".
From students to office workers to freelance workers, everyone wants to know: Is Bitcoin worth investing in? Would it be too risky?
As one of the most well-known cryptocurrencies, Bitcoin has attracted widespread attention around the world. Even David Rubenstein, a well-known American private equity giant, said in an exclusive interview in August 2023:
"I regret not buying Bitcoin when it was $100."
Wall Street is joining the market one after another. As long as there is market demand, Bitcoin will not disappear! –David Rubenstein
David Rubenstein expressed his expectations for Bitcoin in a news interview
At one time, the price of one Bitcoin was:
Even though many people in the world still think it is a fraud or an illegal tool for underground money laundering, it is undeniable that more and more institutions and celebrities are now including Bitcoin (cryptocurrency) as part of their asset portfolios, such as Tesla’s Elon Musk, female stock goddess Cathie Wood, and the world’s largest venture capital institution a16z.
Governments around the world have also begun to pay attention to the regulation and supervision of Bitcoin (cryptocurrency). Fidelity and BlackRock have also approved applications for Bitcoin ETFs.
At present, more than 400 million people in the world are using cryptocurrency. In fact, there are three key reasons why Bitcoin has become the most popular investment target in this decade:
Many people may have seen the investment potential of Bitcoin, but they don't know how to invest. They think it is a very complicated process.
This was true in the early years: if you want to buy Bitcoin, you need to have relevant knowledge and understand what a cold wallet and a hot wallet are, which is quite hardcore.
However, it has been more than ten years since the birth of Bitcoin. Modern society actually has more convenient and faster investment channels, and just like banks, there are many safe exchanges to choose from.
In the cryptocurrency market, the process from opening an account to actually buying a Bitcoin is already easier than opening a bank account to invest in Taiwan stocks.
The first step to buy Bitcoin: Open an account on an exchange
I assume that you, the reader who is reading this article, have already done your research on Bitcoin (cryptocurrency) and have your own opinions on its investment potential. You are just looking for instruction on how to invest.
So without further ado, let’s get straight to the point: “To invest in cryptocurrency, the first step is to open an account on an exchange.”
This may be the first time many people have seen the term exchange. The so-called currency exchange is actually equivalent to the securities account of Taiwan stocks, or the domestic and overseas investment platforms of US stocks. It is quite simple and understandable.
As for investors in the current currency circle, the most popular exchange is Binance (official registration and official download), the world’s number one.
No. 1 in the world: Binance Binance registration and account opening KYC complete tutorial
Basically, if you ask anyone who has invested in the cryptocurrency industry, everyone will have a Binance account, which can be said to be the first step into investing in the cryptocurrency industry.
The step process is also very simple:
Step 1: Enter your email or mobile phone as the account
Click to enter the official Binance website. Here are the Binance referral codes you can use:
Binance account opening recommendation code: A0Y8K980
If there is no surprise, the default will be Simplified Chinese. If the language is English, you can find the language setting in the upper right corner and change it to Simplified Chinese.
When opening an account, it is recommended that it is more convenient to use email. Here are some small reminders and complete the following three steps:
Email Registration and Verification
Set password + bind recommendation code
Complete identity verification KYC
Next, you need to complete the identity verification KYC, just like when you go to a bank to open an account, you will need to provide your ID card and take a photo.
The KYC process does not take five minutes and you can easily complete it on your computer or your mobile phone at home.
Therefore, from opening an account to completing KYC, the entire process can be completed in less than ten minutes. Compared with going to the bank to draw a number plate and wait for opening an account, it saves time and effort.
Binance’s KYC process is relatively cumbersome. For details, please refer to:
Can Binance use Mainland China ID verification (KYC)?
Binance account registration + KYC identity verification tutorial (2025 latest account opening guide)
Introduction to world-renowned exchanges
If opening an account on Binance is the first step into cryptocurrency investment; then when you start to research other exchanges and open an account, you have already entered a deeper understanding of cryptocurrency market investment.
Many novice investors will think that if they want to invest in the currency circle today, they only need to open an account on Binance and then they can dominate the world with one exchange. This is not the case.
For example: your first bank account may have been opened at the post office when you were a child (or your parents helped you open an account at a bank you frequently visit). This account will accompany you throughout your schooling. Then, you may go to college or go out into society, and you will open accounts in other banks and accumulate your bank passbook.
There may be many reasons: for the credit card benefits of different banks, for better securities accounts, for better App experience, or because your friends happen to work in that bank to help with performance…
A person will probably not have only one account in a financial institution in his life, whether it is a deposit account or a securities account.
The reason is that the services provided by each bank are different. Today, Bank A has better fixed deposit interest rates, Bank B has better credit card offers, Bank C has better loan benefits… In this situation, what you should do is to qualify yourself for each bank, and then use different services according to different needs.
Exchanges are financial institutions in the currency circle, and the same principle applies.
Taking me as an example, I first opened an account on Binance. Later, I saw someone introducing the Luye Bitfinace exchange to provide loan arbitrage functions, so I also opened an account;
Then Pionex exchange has quantitative robot (grid trading) and dual-currency financial management services, and has also opened one;
Then there are Bitget, Bybit, and Mexc Matcha exchanges, which have lower handling fees for contract transactions and sometimes list popular new coins (which Binance does not have). They opened accounts for trading needs…
In the six years since I joined the cryptocurrency industry, I have more than 20 exchange accounts in the cryptocurrency industry, and they are still increasing.
You may ask: "With so many accounts, do you usually use them?"
Of course not. Personally, I usually use Binance, Paiwang, Luye, and Bitget as my main exchanges.
But sometimes there are special needs. For example, a new currency I am interested in may only be listed on the Matcha Mexc exchange, so I will transfer the money there for trading;
Or there may be an exchange that happens to be holding an event, and if certain conditions are met, money will be given away.
In my opinion, when it comes to "qualifications" (especially those from financial institutions), it must be a good thing if you can get them early.
In the currency circle, Greenleaf Bitfinex exchange is considered the oldest (established in 2012). When I opened an account in 2020, I passed KYC and various certifications very quickly.
However, now in 2025, many people in my group have just opened accounts. After waiting for several days, the KYC process is still under review. It is obvious that the qualifications are becoming stricter.
So for me, I would advise my friends and fans around me that if you are really interested in cryptocurrency investment today, in addition to Binance, it must be a good thing to obtain account opening qualifications at other global mainstream exchanges.
Therefore, if you are interested in studying cryptocurrency investment, below I have compiled five other exchanges worth opening an account to meet other investment needs (such as quantitative robots, grids, lending arbitrage, and the lowest contract fees)…etc., the time to open an account is about the same as Binance, and I have also written a series of related articles to teach.
What operations are suitable for exchanges? What are the trading fee discounts?
Pionex Exchange
Open grid orders, bargain hunting, and use futures arbitrage to earn high interest rates
Up to 2150U trading capital, free use of multiple quantitative follow-up strategies
Greenleaf Bitfinex Exchange
U.S. dollar loans, earning 18~25% interest income
Lifetime 6% handling fee discount
Bitget Exchange
Copy trading, contract trading
Enjoy spot trading with 0 handling fee and 5005 magnesium bonus for a limited time
Matcha Mexc Exchange
Another option for contract trading, it currently has the lowest handling fee among all exchanges and is suitable for investors who are accustomed to contract trading.
Lifetime 10% handling fee discount (highest in the entire network)
Bybit Exchange
Contract trading, LaunchPad subscription, liquidity mining
Lifetime 20% handling fee discount (highest in the entire network)
The second step to buy Bitcoin: Complete tutorial on buying coins with a credit card
Regardless of whether you have completed account opening on other exchanges, basically Binance must be the exchange where you have completed account opening.
The next step is to buy Bitcoin BTC.
Basically, to buy cryptocurrency, you must first learn how to buy U (or USDT), but this step is relatively complicated. You need to explain what USDT is and the account opening and trading processes involved in local exchanges, so I won’t go into that today.
This section will mainly focus on the operation of "How to buy coins with a credit card on Binance". Although there will be a credit card swiping fee, for a novice who has never invested in cryptocurrency, first experience the process of buying Bitcoin. It doesn't take more, just a little, and you will have a sense of accomplishment after completion.
Log in to the Binance APP and find the “Buy Cryptocurrency” option
First, click on the Binance Exchange APP, click "More" at the top of the screen, and press the "Buy Cryptocurrency" option in the middle of the screen:
Then switch the pricing currency to "BTC"
After entering the "Buy Cryptocurrency" page, click on the top of the screen to prepare to switch currencies.
Type "BTC" (short for Bitcoin) into the search field
After finding "BTC" on the screen, click on it to switch the currency you want to buy to "BTC" (Bitcoin)
※Note: If your screen uses BTC as the pricing method from the beginning, you can skip this step.
Then enter the amount you want to purchase and choose credit card payment
After switching the purchase currency to Bitcoin (BTC), enter the amount you want to purchase in the center of the screen.
The amount here does not need to be too much, because Bitcoin can actually be calculated to 8 decimal places (also known as "Satoshi"), so although I use 1,000 RMB as an example, you can use 100 RMB to test, and there will be no problem.
After entering the amount, press the "Buy BTC" button and select the payment method you want. You can choose Alipay, bank debit card, WeChat or QQ wallet. It is actually quite convenient!
Finally, just press "Confirm" below, and you will officially complete the first Bitcoin transaction in your life!
Finally confirm whether the transaction is successful
Finally, return to the homepage of the Binance APP, find "Funds" in the lower right corner of the screen > select "Spot" listed above, and you will see the Bitcoin you just bought.
This concludes this article about investment teaching for novices: How to buy Bitcoin? It teaches you how to buy your first BTC from scratch in 30 minutes. For more related Bitcoin content, please search Script House’s previous articles or continue to browse the related articles below. I hope you will support Script House in the future!
