There are three common ways to purchase Bitcoin: exchange purchase, ATM purchase and P2P purchase: 1. Binance, Ouyi, Huobi and other trading platforms: register an account, complete identity authentication, and add a bank card or credit card to buy Bitcoin; 2. Buy Bitcoin at designated Bitcoin ATMs; 3. Buy Bitcoin through P2P trading websites, such as LocalBitcoins, Paxful, etc.
The most common ways to purchase Bitcoin are exchange purchase, ATM purchase and P2P purchase
1. Exchange purchase
There are currently many trading platforms on the market where you can buy Bitcoin, such as Binance, Oyi, Huobi, etc. The steps to buy Bitcoin are usually: register an account, complete identity authentication, add a bank or credit card, and buy Bitcoin. It should be noted that different trading platforms may have different handling fees and purchase restrictions, which need to be understood carefully.
2. ATM purchase
Currently, many countries can purchase Bitcoin at designated Bitcoin ATM machines. The steps to buy Bitcoin are usually: scan the QR code, insert cash, and confirm the purchase. It should be noted that buying Bitcoin at ATMs usually has higher fees.
3. P2P purchase
In addition to trading platforms and ATM machines, you can also purchase Bitcoin through P2P trading websites. Such as LocalBitcoins, Paxful, etc. This approach is more decentralized, but also carries risks. It should be noted that in P2P transactions, stay away from sellers with poor reviews and transactions with excessive transaction amounts.
The tutorial for buying Bitcoin on Ouyi Exchange is as follows:
1. Open the official website of Ouyi OKX Exchange (investors without an account can click here to register an account for trading), select your mobile phone number Register and enter your mobile phone number to receive the blind box (registration using email requires mobile phone number verification, it is recommended to use mobile phone number to register)
2. Input the digital verification received by the mobile phone The verification code is valid within 10 minutes. Please fill in the
# in time. 3. Select the corresponding country/region according to your location
4. Users can set a password according to the prompts to ensure account security
5. After logging in to the account, find the "User Center" icon on the homepage and enter the identity Authentication page
#6. Different levels of authentication can be carried out according to different needs (note: video authentication needs to be operated on the APP)
6. Click "Trading" - "Basic Trading" on the homepage to enter the trading page
8. Enter BTC in the search box and select the BTC/USDT trading pair , you can see the real-time price of BTC
9. Enter the quantity of BTC to sell, and click Sell BTC to complete the selling operation
Purchasing Bitcoin is relatively simple, but it should be noted that before purchasing Bitcoin or other cryptocurrencies, you must first have a certain understanding of the currency and adjust your investment strategy based on market information. In addition, purchasing Bitcoin on a trading platform requires a series of security certifications such as identity authentication. These certifications can also increase the security of the account itself, but you must choose a formal and reliable exchange, and you also need to be careful when purchasing Bitcoin. Choosing a well-known exchange can effectively avoid the risk of running away and protect crypto assets.
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