Bitcoin Breaks $100,000 to Set a New Historical High! Over Ten Million Times Increase in Ten Years, the Charm of Blockchain Fully Revealed#
Countless people have witnessed friends around them achieve wealth leaps through Bitcoin and Dogecoin. Are you also eager to try but unsure where to start? Can you trade domestically? Can Alipay and WeChat be used? How to exchange RMB? Is the operation process complicated? What qualifications are needed? How to manage the wallet? What is a suitable initial investment amount? How to safely cash out after making a profit?...
This article provides a step-by-step guide, a complete strategy for investing in digital currency that even an eighty-year-old can easily master.
Table of Contents#
- Master the Complete Bitcoin Purchase Process in Three Minutes
- In-depth Analysis of Bitcoin Investment Return Prospects
- Horizontal Evaluation of Mainstream Exchanges
- Complete Guide to Exchanging RMB for Digital Currency
- Best Timing for Entry in 2024
- Strategies for High Price Levels
- Interpretation of China's Policy Compliance
- Asset Security and Platform Risk Control Guide
- Complete Process Analysis for Profit Realization
Master the Complete Bitcoin Purchase Process in Three Minutes#
Step One: Choose a Trading Platform#
Currently, compliant choices for domestic investors are concentrated on four major platforms:
- OKX (Direct connection to mainland)
- Binance (Requires network tools)
- Bitget (Emerging dark horse)
- Gate.io (Established platform)
Policy Interpretation: Our country prohibits the establishment of exchanges domestically but allows individuals to invest abroad. Mainstream platforms have achieved:
- KYC certification required by the central bank (ID card + facial recognition)
- Compliance reporting of transaction data
- Connection to fiat currency channels (supports Alipay/WeChat/UnionPay)
Latest Interpretation from the Supreme People's Court in 2024: Virtual assets possess commodity attributes, and holding and trading are protected by law.
Step Two: Account Registration and Certification#
Taking OKX as an example:
- Register on the official website
- Complete Level 1 basic certification (phone + ID card)
- Enable Level 2 advanced certification (facial recognition)
Features of the Four Major Platforms:
- OKX: Newbie gift package + direct connection to mainland
- Binance: Largest trading depth globally
- Bitget: Preferred for contract trading
- Gate: Most comprehensive variety of altcoins
Step Three: Fiat Currency Exchange Operation#
- Enter the "Quick Buy Crypto" interface in the app
- Select USDT (1:1 pegged to the US dollar)
- Enter the purchase amount (minimum starting at 10 yuan)
- Choose Alipay/WeChat payment
- Confirm the recipient's information to complete the transfer
Newbie Advice: For the first investment, it is recommended to try 500-1000 yuan, and gradually increase the amount after familiarizing yourself with the process.
Bitcoin Investment Return Prospects#
Historical Return Rate#
- 2013: $13 → 2024: $100,000+
- Annualized compound return rate: over 200%
Risk Warning#
- Daily fluctuations often exceed 10%
- Historical maximum drawdown reached 80%
- It is recommended to adopt a dollar-cost averaging strategy to hedge risks
Exchange Selection Guide#
| Indicator | OKX | Binance | Bitget |
|---|---|---|---|
| Mainland Access | ✅ Direct connection | ❌ Requires tools | ✅ Direct connection |
| Fee Rate | 0.08% | 0.1% | 0.06% |
| Fiat Channels | Alipay/WeChat | Bank Card | UnionPay |
| Contract Leverage | 125x | 125x | 150x |
Policy Compliance Interpretation#
- Personal holding of digital currency is completely legal
- Institutions are prohibited from conducting exchange business
- Services from overseas platforms are not restricted
- Profits must be declared for personal income tax
Asset Security Tips#
- Enable Google two-factor authentication
- Set a fund password
- Regularly check API permissions
- Transfer large assets to cold wallets
Profit Realization Guide#
- Sell USDT through the exchange's OTC
- Choose certified merchants for transactions
- Recommended single transaction ≤ 50,000 yuan
- Diversify incoming funds across different bank cards
Test Data: China Merchants/Construction/Industrial and Commercial Bank cards have the fastest deposit speed (average 3 minutes)
2024 Newcomer Benefits#
- OKX: Register to receive a 600U gift package
- Binance: Permanent 20% discount on trading fees
- Bitget: Newcomer contract experience fund
Further Reading#
- 2025 Global Exchange TOP10 Authority List
- Wealth Creation in the Crypto Circle: The Journey from Debt to Millions
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