Beginner's Guide! How to Buy Your First (or 0.01) Bitcoin

Bitcoin has just surpassed the $100,000 mark, becoming a focal point for investors worldwide. Check out our super-simple guide to easily own your first piece of "digital gold"!

0. ETF or Self-Custody?

However, ETFs are financial products linked to Bitcoin prices. Investors do not truly own Bitcoin, cannot withdraw it to a wallet, and miss out on participating in the decentralized Web3 financial ecosystem. Additionally, ETF transactions often incur capital gains tax, increasing investment costs.

In contrast, self-custody Bitcoin places assets entirely under your control. With your private key, you can trade freely anytime. If you believe in Bitcoin’s long-term value, self-custody is the best way to truly own "digital gold."

Next, we’ll guide you step-by-step on self-custody Bitcoin, from obtaining USDT to securely storing Bitcoin in a hot wallet, all in a simple and clear process.

1.Buy USDT via iSunOne

USDT is a stablecoin pegged to the US dollar at a 1:1 ratio, commonly used for trading digital assets.

1. Register on iSunOne: Complete KYC identity verification.

   
   

Register

2. Purchase USDT using bank transfer, FPS, or other methods (identity verification required).

3. 

   Ensure your USDT balance is successfully credited to your wallet.

   
   

2. Transfer USDT to an Exchange

1. Register on a reputable cryptocurrency exchange (e.g., Binance, OKX) and complete identity verification.

2. On iSunOne, select “Withdraw” and enter the exchange’s USDT wallet address.

   
   

   

   
   

3. After withdrawal, USDT will be credited to your exchange account.

   
   
   
   

3. Use the USDT/BTC trading pair on the exchange to buy Bitcoin.

4. Self-Custody: Transfer Bitcoin to Your Wallet

After purchasing bitcoins, you need to deposit them into a wallet with the private key in your own custody, without relying on any third party, so that even if the exchange goes bankrupt or the account is frozen, the assets remain safe. Wallets are the best way to ensure that you own your bitcoins.

1. Set up a wallet: Download a secure wallet app like Trust Wallet or imToken.

2. Withdraw Bitcoin to your wallet: Transfer Bitcoin from the exchange to your wallet address.

3. Confirm receipt: Once Bitcoin arrives in your wallet, back up your wallet’s seed phrase or private key securely.

Tips

1. Prioritize security: Always safeguard your login credentials and keys for both exchanges and wallets. Never share them with others.

2. Invest wisely: Only invest what you can afford to lose.