How To Invest In Bitcoin | 2024 Step-by-Step Guide To Buy Crypto!

How To Invest In Bitcoin | 2024 Step-by-Step Guide To Buy Crypto!

Bitcoin and crypto have been on the move
and institutional interest is at the
highest level it’s ever been so you may
be new to the industry and looking for a
way to get in you’ve spotted an
opportunity and you want to know how can
you get involved well in this video I’ll
show you everything you need to know
about buying Bitcoin ethereum or any
other cryptocurrency I’m Kyle dupes
Crypt Trader at Crypt banter and I’ll be
taking you through blof one of the
exchanges which will allow you to
purchase Bitcoin and any other
cryptocurrency so let’s get started
before we get into this video where I’ll
show you exactly what you need to do to
invest in Bitcoin just remember that all
the educational content and everything
that I teach is available in a compact
course called whal school there’s a link
in the description below it’s incredibly
limited to the first few hundred people
who sign up today it’s valued at $3,000
and I’ll teach you every single that
I’ve used to take me from A to Z in
trading and ultimately to become a
millionaire within the space so use the
link in the description below and I’ll
see you guys in the rest of the video
many of you may be new to crypto this
may even be the first time you’ve ever
heard about it now when it comes to
buying crypto you’re going to need to
buy it off a very specific platform in
traditional markets the way that they
get exposure to stocks and Forex pairs
is they have to join a brokerage account
which comes with a whole lot of red tape
now the beauty of crypto is that it’s
much easier to get in all you need to do
is use the link in the description below
it also qualifies you to a sign up bonus
click on that link you’ll come through
to this page over here which we have
blof now what this simply means is it’s
a centralized exchange this is a place
where a whole lot of different coins are
listed different coins meaning different
cryptocurrencies which you the user have
access to buy it also offers an on-ramp
meaning you can transition out of your
local currency or your fiat currency
into actual cryptocurrency and I’m going
to show you how it works from A to Z so
first and foremost again click the link
in the description below it takes you
through to this page over here so for
the sign up over here you’re going to
type in your email address and click
sign up once you’ve typed in your email
address type in a password click sign up
go through to your emails and approve it
and you’ll be taken through to the login
page where you can now log
[Music]
in so that’s it you’re officially logged
in as you can see over here it says blof
where whales are made in crypto we call
a whale somebody that has a massive
amount of crypto and of course we all
aspire to get there one day so this is
the start of your journey
congratulations if you’ve made it this
far so step one you’re going to need
crypto how do you get crypto you’re
going to toggle through to the top left
where it literally says buy crypto click
on that button and then decide for
yourself what amount is right for you
I’m going to put in $100 now you’ll see
over here underneath on the bottom right
hand side it says USD to usdt usdt is
tether tether is one of the stable coins
which is backed one to one so $1 in USD
equals $1 in tether you might notice a
slight discrepancy over here that
discrepancy comes from the payment
service providers which are listed below
VIs a MasterCard Google pay and Apple
pay this is the differential within
their exchange rate so you’ll click over
there buy
now click understand it goes through to
the
paygate choose your card I’m going to
fill in my details over here I’m going
to be using my Visa card today all right
once you’ve done that click confirm so
once your Visa or Mastercard payment has
been processed what you want to do is go
through to the top right and you’re
going to go under assets click overview
and that will show you any Capital
that’s currently allocated into this
account so you can see here funds have
officially arrived
$965 4 in usdt remember that is tether
you’ll notice underneath here you have
multiple different accounts that’s
currently in your funding account you
have your spot account your futures
account copy trading or earn now I’ll go
over this very very quickly for you what
your spot account is it means that
you’re going to be buying the underlying
asset so that’s probably what most of
you are starting out or looking to do if
you just want to buy Bitcoin or buy
ethereum and you simply just want to
lock it away and hold it well you’re
going to use the spot account and then
you have the Futures account over here
which essentially is also known as
leverage trading so that means that you
can take a position essentially with
more money than you actually have if you
have $100 and you go on 10 times
leverage it would be the same thing as
trading with one $1,000 but it uses your
$100 as collateral now you need to be
really careful with this if you’re brand
new to trading because it works both to
the up and the downside meaning if price
moves against where you think it’s going
to go then you’ll lose exponentially
more than you would have if you were
just holding spot copy trading means you
can copy other Traders other proficient
and professional Traders if you deposit
in there you can go and look at their
statistics and you can decide if you
want to follow them or not and earning
means staking simply put that’s like
your savings account at your bank but
with a lot better rates so if you take
your crypto and you stake it for a
specified amount of time you will earn
interest on top of that crypto so now
what we’re going to do is we’re going to
buy our first crypto we’re going to buy
Bitcoin and we’re going to buy ethereum
and we want to do this simply on just
spot we’re going to keep it very very
simple you need to go through to
transfer because we’re going to move it
from the funding account into the spot
account and how much of it are we going
to transfer we’re going to transfer all
of it so you click over there all of it
you have the correct one selected usdt
it’s moving from funding to spot it’s
all of the money click confirm now this
is just like you would be doing with
your own bank account if you were
transitioning between a checking account
and a savings account to a longer term
investment account it’s really the same
thing this is your control panel where
you you have full access to your funds
and you can do whatever you want with
them moving them between each account
back and forth there’s no fee or charge
at doing that that’s the beauty of
crypto now what you’re going to do you
can either click over here spot on the
right arrow or you can go through to
spot account on the top left I’m going
to click on the left side under overview
you can see over there it’s just loading
my assets and now it shows a whole
assorti of different coins which are
currently listed on this exchange right
now we only have 10
now when you look at your
$965 you may be thinking to yourself
just wait a minute isn’t Bitcoin worth
tens of thousands of dollars is an
ethereum worth thousands of dollars how
Earth am I going to buy Bitcoin or
ethereum with only
$965 is this some kind of a joke well
that’s something that many of us think
when we first get into crypto and the
answer is that you’re not buying an
entire Bitcoin but you can buy a fra
fraction of a Bitcoin Bitcoins get
divided up into 100 million different
bits and the same thing is true when it
comes to ethereum or any other crypto
you’re buying fractional amounts of it
and this is how you do it so you’re
going to go through to click on the top
side over here is spot now this is going
to bring you to an interface that for
many of you may be a little bit
overwhelming but I’m going to simplified
for you just ignore everything that’s on
this side and on the right hand side
only focus Fus on what’s on the far
right hand side you can see over here
you have buy and you have sell so if you
want to buy crypto this you’re going to
go on the buy side now you have three
options Market limit and Trigger don’t
worry about trigger at all you’re not
going to be doing any of your business
over there you’re going to be focused on
limit or market now what does this mean
Market means you want to buy Bitcoin or
ethereum at this exact price right now
the order will exec
instantaneously and you will get the
best possible price when you click the
button if you click limit order you can
pre-select where you want to buy so
let’s say you think price is going to
start to move towards the downside and
you want to buy it $2 or $3,000 cheaper
you can predetermine the price that you
want to buy it at So currently as of
right now Bitcoin is trading at $ 51,8
44 let’s say you believe at some point
in the next couple of days it’s it’s
going to go down to
$48,000 you would type in under price
$48,000 and then you would select how
much of the usdt that you currently have
do you want to buy now you can either
use the slider and select all of it 100%
of your Capital would be listed below at
$965 or you can slide it into the middle
because we only want to buy half
50% okay the alternative is you just
write under total so the exact amount
that you wish to buy do you want to buy
$10 $15 $100 and so forth and then you
say buy BTC so we’re going to select
confirm and your limit order is
officially
set underneath here you’ll see open
orders order history and assets that you
have currently in your possession right
now we have an open order which is not
yet triggered remember price would need
to come down to exactly 4 $8,000 and
only if price hits
$48,000 will your buy order go off the
alternative is you want to fill a market
order right now and we can do that using
ethereum how do you select ethereum now
this is the only other occasion that I’m
going to ask you to look elsewhere other
than the right hand side you’re going to
move to the far left where it says BTC
USD you’re going to click on that and
that gives you an assorti of different
cryptocurrency coins that you can choose
from from we’re going to choose ethereum
if you can’t find the coin there
remember you can also type it in and it
will auto find it for you so click on
eth
usdt and now you can see over there we
have eth usdt remember you don’t need to
worry about the candlesticks that you
see here or any of the charts that are
on this side just look to the right hand
side and we’re going to go to market and
this time we’re going to enter the
remaining Capital immediately into
ethereum to show you what it looks like
when you execute an order so we have
$48.5 still available and as I click
this button it’s immediately going to
buy ethereum at the best possible
price and
confirm that’s it success it says
success over there and if we now go to
order
history you’ll see there ethereum has
already been bought we’re still waiting
for Bitcoin to come low before that
order will execute so now to confir
confirm that you actually have bought
the crypto go through again to assets
click on overview that will show you
everything that you have and you can see
under spot account you can click on that
my
assets and it shows you on the top in a
sending order from the most money to the
least money so currently this is the
amount of ethereum that you have when
you see these 0.0 numbers do not panic
that doesn’t mean that you’ve lost your
crypto you have
0.01
75824 ethereum and that should
appreciate over time in dollar value and
then currently usdt you have $48 the
reason why is cuz that’s still an open
order before you go I have one final
gift for you if this has peaked your
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been a lifechanging Incredible Journey
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to join on that Journey use the link in
the description below and I’ll see you
guys there
[Music]
[Applause]
[Music]

If you are new to Crypto or want to get your feet wet but don’t know how to buy cryptocurrencies, this video is made for you! Join Kyledoops on this journey into setting up a crypto exchange account on Blofin, and buying your first Bitcoin & Ethereum!

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#Blofin #BuyBitcoin #BuyCrypto

⏱𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
00:00 Getting Into Crypto – How to Buy Cryptocurrencies
00:45 Whale School – Learn Crypto Trading for FREE
01:45 Blofin – Centralized Crypto Exchange Platform
02:55 How to Buy Crypto on Blofin – USDT Tether Stablecoin
04:30 Spot Account & Future Accounts Explained – Leverage
05:20 Copy Trading & Staking on Blofin Explained
05:57 Spot Buying Bitcoin BTC – Limit Orders Tutorial
10:12 Buying Ethereum ETH with Market Order Explained
11:30 Confirming Your Crypto Assets Buys
12:15 Crypto Trading Course – Join Whale School for FREE

🎬𝗠𝗼𝗿𝗲 𝗩𝗶𝗱𝗲𝗼𝘀 𝘄𝗶𝘁𝗵 𝗞𝘆𝗹𝗲 𝗗𝗼𝗼𝗽𝘀: https://www.youtube.com/playlist?list=PLmOv2_vzOoGcDGeu-HHfifExgbvmPLO3l

🔎𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗦𝗲𝗮𝗿𝗰𝗵𝗲𝘀: How to Buy Bitcoin – How to Buy Crypto – Buy Bitcoin – Blofin – How to Buy Cryptocurrencies – Blofin Tutorial – How to Buy Crypto on Blofin – Spot Buying Bitcoin – Limit Orders Tutorial – Market Orders Explained – Staking on Blofin Explained – Centralized Crypto Exchange