Bitcoin Breaks $100,000! A Historic Milestone Achieved with a Ten-Year Increase of Millions of Times in Blockchain Miracles#
You may have heard stories from friends around you about wealth growth through Bitcoin and Dogecoin. Are you also eager to try but don’t know where to start? Is trading possible in China? Do Alipay and WeChat support it? Do you need to install a digital wallet? How much is suitable for first-time investment? This article will unveil the mystery of cryptocurrency investment in the most straightforward way.
Table of Contents#
- Three-Step Quick Guide to Buying Bitcoin
- Analysis of Bitcoin Investment Profit Potential
- Mainstream Exchange Selection Strategy
- Detailed Process of Purchasing with RMB
- Current Market Entry Timing Assessment
- High Price Response Strategies
- Interpretation of Domestic Policy Compliance
- Asset Security Assurance Plan
- Profit Realization Operation Guide
How to Buy Bitcoin in Three Steps?#
Step 1: Choose a Trading Platform#
The compliant trading platforms currently available for domestic investors mainly include:
Policy Explanation: According to the latest judicial interpretation from the People's Court Daily on December 7, 2024, virtual currencies have been recognized as having legal property attributes. Domestic exchanges ensure compliance through KYC real-name authentication and facial recognition systems.
Step 2: Account Registration and Verification#
Recommended registration priority:
- OKX > 2. Binance > 3. Bitget > 4. Gate
Platform Features:
- OKX: Exclusive blind box and DOGE gift for new users
- Binance: The world's largest exchange, enjoy lifetime fee discounts
- Bitget: Fastest growing trading platform in 2024
- Gate: Established exchange with a new ecosystem
Step 3: Fiat Currency Exchange Operation#
- Download the official APP (iOS requires overseas Apple ID)
- Enter the "Quick Buy" channel
- Choose Alipay/WeChat/bank card payment
- Exchange for USDT stablecoin
- Use USDT to buy Bitcoin
Can You Make Money Buying Bitcoin? How Much Expected Return?#
Bitcoin has anti-inflation characteristics, and historical data shows that its price has cyclical fluctuations. It is recommended to adopt the following strategies:
- 50% Pullback: Start building positions
- 80% Pullback: Heavily invest
- Small Trial Investment: Start from 1 yuan
Didn't China Ban Digital Currency Trading?#
The policy clearly distinguishes:
- ❌ Prohibits the establishment of exchanges within the country
- ✅ Allows individuals to hold and trade
Current mainstream platforms operate compliantly through overseas entities, and investors can participate by completing KYC certification.
Asset Security and Realization Guide#
Storage Recommendations:
- New users are advised to store in exchanges
- Large assets should use hardware wallets
Withdrawal Testing:
- Bank transfer arrives in 10 minutes
- Account freezes can be unblocked at the counter
- It is recommended that a single transaction amount be <50,000 yuan
Special Reminder#
- Be sure to conduct a risk assessment before investing
- It is recommended to invest idle funds
- For the first deposit, it is advisable to keep it <1,000 yuan for trial
Limited-Time Benefits This Month#
- OKX new user exclusive: Register to receive a $600 gift package
- Binance referral reward: Enjoy 20% fee cashback
Further Reading#
Investment involves risks; proceed with caution
This article does not constitute investment advice. Please make rational decisions based on your own situation.