Ways to Buy and Sell Virtual Currency Domestically
To purchase virtual currency domestically, a secure and stable cryptocurrency exchange is needed, such as Binance, OKX, Huobi, and ZB.com. Below are the steps to buy virtual currency BTC on the Binance exchange:
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OKX registration: https://www.okx.com/join/BITCOIN369 (click the link to register)
Binance registration: https://www.binance.com/join?ref=BITCOIN369
Domestic registration installation package download: https://96927.cc/
- On the official Binance exchange website, click the registration button in the upper right corner, and on the registration page, enter your phone number or email to receive a verification code.
Binance Exchange Registration - The password must meet the length requirement of 8 to 128 characters, including at least 1 number and at least 1 uppercase letter.
Create Password - After registering an account, you need to complete identity verification to trade. In Binance's personal center - Newbie Guide, follow the prompts to complete identity verification.
Identity Verification - After completing identity verification, you can click c2c to buy coins on the homepage. In c2c, there are quick and custom sections. After selecting a suitable merchant, follow the prompts to complete the coin purchase operation.
Choose Reliable Merchants:
Registration Time (preferably starting from 1 year)
Number of Transactions
Success Rate
Verification (Video Verification, Phone Verification)
Deposit Margin
Merchant Certification Mark
c2c Trading - Once you have USDT, you can select the BTC/USDT trading pair in the trading - spot trading section to trade, and you can also view the real-time market for BTC.
Spot Trading
Things to Note When Purchasing Virtual Currency
Choose a Compliant Platform: Due to the uncertainty of the domestic regulatory environment, it is crucial to choose a compliant and secure platform. Investors should first ensure the platform's qualifications, user protection measures, and fund security when purchasing virtual currency.
Ensure Fund Security: The safety of user funds is particularly important in virtual currency trading. Choosing a trading platform that supports cold wallet storage and multi-factor authentication can effectively enhance asset security.
Risk Control: The virtual currency market is highly volatile, and investors should implement adequate risk management. It is recommended not to invest all funds in a single currency but to diversify investments and reasonably control investment ratios.
Although virtual currency trading faces certain regulatory restrictions, domestic users can still purchase virtual currency through some exchanges. However, when engaging in virtual currency trading, investors need to remain vigilant, choose compliant platforms, and pay attention to the safety of their funds. Additionally, due to the high volatility of the virtual currency market, investors should invest rationally and avoid risks.