As interest in virtual asset investment naturally grows these days, many people may be wondering if they should try buying some themselves. While exploring various exchanges, I focused on Binance, which is considered the world's largest exchange, and soon started investing in BTC through Binance.
Before investing in BTC, the first step is to sign up for Binance and complete identity verification. The registration process was easy using an email or mobile number, and the verification was completed by submitting a passport or driver’s license.
After signing up, I didn’t forget to strengthen security by setting up Google OTP. This was because I remembered the advice that a small habit can prevent a big accident.
To begin investing in earnest, you must first generate a BTC wallet address on Binance and then either transfer or purchase the coin.
Buying BTC on the Binance exchange is very simple. From the exchange menu, select the BTC/USDT market and place a limit order at your desired price. Market orders are executed immediately but may result in higher-than-expected prices, so limit orders are recommended for beginners.
After purchasing BTC, it’s also important to establish a selling strategy. Instead of simply holding it, it’s wise to set a target profit rate and sell partially upon reaching it, or to define a stop-loss level in advance if a decline is expected.
Binance also offers an 'Earn' program that allows you to deposit BTC and earn interest. However, this service does not guarantee the principal, so caution is needed.
What I realized most during my BTC investment on Binance was the need to avoid impatience. Since BTC prices often fluctuate sharply, acting emotionally can lead to losses. I always tried to set and stick to my investment principles.
While Binance’s trading fees are relatively low, you can get additional discounts by paying with BNB.
Additionally, if you sign up through the link below, you can receive a 20% discount.
🔸Click here to get a 20% Binance fee discount
Not only new members but also existing users can receive a 20% fee discount if the following five conditions are met:
Already registered on Binance.
The invited user has not previously accepted an invitation.
The invited user has not made any trades or used any Binance products within the last 180 days.
When the eligible invitee opens the link and logs in, a confirmation window appears.
When the invitee clicks [Bind Now], the binding takes effect.
I highly recommend using this discount benefit to reduce fees.
I also suggest starting with small amounts and gaining experience through repeated buying and selling.
Investing in BTC on Binance requires continuous learning. It’s important not to be swayed by short-term price spikes and to develop the habit of analyzing and making decisions independently.
Especially for beginners, it’s important to be cautious of FOMO (Fear Of Missing Out). Hearing that others have made profits and blindly jumping in is very dangerous.
When managing BTC, always follow the principle of diversification. Instead of putting all your assets into BTC, it's better to invest in various virtual assets or maintain a certain level of cash ratio to secure funds for responding to sudden market changes.
Another important point is to thoroughly manage your deposit and withdrawal records. Since Binance sets fees and minimum withdrawal amounts, you should always check these before proceeding. It’s also a good habit to plan in advance for unexpected withdrawal restrictions or network congestion.
In summary, BTC investment on Binance starts with completing registration and verification, then gradually building experience through small-scale buying and selling. It’s important to avoid emotional decisions, manage risk through diversification, and maintain a long-term perspective.
Although it may seem difficult and complicated at first, you’ll develop your own investment style as you learn step by step. If you study and prepare at your own pace without rushing, you will gradually gain valuable experience and growth in the virtual asset market.