In recent years, cryptocurrencies like Bitcoin have surged in popularity as a compelling investment option. If you're new to the world of digital assets and wondering where to start, the first step is clear: register with a trusted cryptocurrency exchange.
This guide walks you through everything you need to know to buy your first Bitcoin safely and efficiently—using one of the most reputable platforms in Taiwan. Whether you're a complete beginner or just looking for a reliable way to enter the market, this step-by-step walkthrough ensures a smooth onboarding experience.
Why Invest in Cryptocurrency?
Before diving into the process, it's important to understand why cryptocurrencies are gaining traction among investors. Here are four key advantages that make crypto an attractive asset class:
- Low Entry Barrier – You can start investing with as little as $250 TWD.
- High Liquidity – Funds can be bought, sold, or transferred quickly.
- 24/7 Market Access – Unlike traditional stock markets, crypto never sleeps.
- High Growth Potential – Early adopters have seen significant returns over time.
With these benefits in mind, let’s explore how to get started.
👉 Discover how to start your crypto journey today with confidence.
Introducing a Trusted Cryptocurrency Exchange
When choosing an exchange, security and reliability should be top priorities. One platform that stands out in the Taiwan market is a leading digital asset exchange known for its strong regulatory compliance and user protection measures.
Established during the early days of the crypto boom in 2018, this exchange has maintained a solid reputation even through turbulent market cycles. It was among the first in the region to implement bank-trust custody of user funds, ensuring that customer assets are safeguarded independently from company operations.
The platform supports:
- Fiat-to-crypto trading (TWD to BTC)
- Crypto-to-crypto trading
- Seamless deposits and withdrawals
- A native utility token that offers fee discounts and enhanced user benefits
Its long-standing presence and commitment to security make it a go-to choice for both beginners and experienced traders.
Step-by-Step Guide to Buying Your First Bitcoin
Follow this clear, structured process to go from zero to owning Bitcoin in under 30 minutes.
Step 1: Register an Account
Since most people use smartphones daily, we’ll walk through the mobile app process—but desktop users can follow similar steps online.
- Download the official app.
- Tap the “Profile” icon (bottom right).
- Select “Sign In / Sign Up.”
- Choose “Sign Up,” then enter your email and create a password.
- Confirm registration—check your inbox for a verification email.
- Click the verification link to activate your account.
✅ Pro Tip: Use a referral code during sign-up (if available) to enjoy reduced trading fees—some users get up to 20% off.
Once verified, you’re ready for the next step.
Step 2: Complete Identity Verification
To comply with anti-money laundering (AML) regulations, all users must complete KYC (Know Your Customer) verification.
- Go to “Profile” > “Account Settings.”
Verify the following:
- Personal information (name, date of birth, nationality)
- Phone number (via SMS code)
- Bank account details
- Government-issued ID (front and back photos)
- Secondary ID (e.g., health insurance card, driver’s license)
- A selfie holding your ID and a handwritten note with your name and date
📸 Photography Tip: Hold the ID close to your face and focus the camera on the document to ensure text clarity and proper alignment.
After submitting all documents, allow 5–7 business days for review. Once approved, you’ll receive a confirmation notification.
Step 3: Deposit Funds (NTD)
Now that your account is verified, it’s time to add funds.
- Tap “Wallet” > “TWD” (New Taiwan Dollar).
- Select “Deposit.”
- The system will display a dedicated bank account number.
- Transfer money from your personal bank account to this designated number.
💡 Smart Move: Set this deposit account as a “trusted recipient” in your online banking app to increase transfer limits and avoid delays.
Funds typically reflect within minutes.
👉 Learn how to maximize your buying power with smart deposit strategies.
Step 4: Buy Bitcoin (BTC)
You’re now ready to purchase your first Bitcoin.
- Return to the “Wallet” section.
- Select “BTC” or search for Bitcoin.
- On the trading page, choose “Market Order.”
Enter the amount you’d like to buy (e.g., 0.01 BTC ≈ ~NT$3,000).
- Or tap “50%” or “100%” to use part or all of your balance.
- Tap “Buy BTC” to confirm.
Your order executes instantly at the current market rate. You now officially own Bitcoin!
🔁 Alternative: Use “Limit Order” to set a specific price at which you want to buy—ideal for strategic entries during price dips.
Step 5: Sell or Withdraw Funds
When you decide to cash out:
- Go to “Wallet” > “BTC.”
- Tap “Sell.”
- Choose “Market Order,” enter the amount, and confirm.
The proceeds will appear in your TWD wallet shortly.
To withdraw cash:
- Tap “Withdraw” under the TWD wallet.
- Enter the amount (max NT$1 million per transaction).
- Confirm—funds arrive in your linked bank account within one business day.
Key Things to Remember
- Minimum trade: NT$250
- Daily deposit limit: NT$2 million
- Daily withdrawal limit: NT$1 million
- Withdrawal fee: NT$15 per transaction
Always double-check wallet addresses and transaction details before confirming any action.
Frequently Asked Questions (FAQ)
Q: Is it safe to invest in Bitcoin as a beginner?
A: Yes—when using regulated exchanges with bank-level security and fund custody. Starting small helps manage risk while learning the market.
Q: Can I buy less than one Bitcoin?
A: Absolutely! Bitcoin is divisible up to eight decimal places. You can buy fractions like 0.001 BTC or even smaller amounts.
Q: How long does identity verification take?
A: Typically 5–7 business days. Ensure all documents are clear and match your registered information to avoid delays.
Q: Are there hidden fees?
A: No hidden charges. Trading fees are transparent and often reducible using platform tokens or referral programs.
Q: What if I forget my password or lose access?
A: Always enable two-factor authentication (2FA). Recovery options are available via email and phone verification.
Q: Can I trade other cryptocurrencies?
A: Yes—once comfortable with BTC, you can explore ETH, USDT, and other major coins supported on the platform.
Final Thoughts
Bitcoin and the broader cryptocurrency market are still in their relative infancy—much like real estate decades ago. Early adoption positions you ahead of the curve when mainstream adoption accelerates.
By following this guide, you’ve taken the first smart step toward building a diversified investment portfolio in one of the most innovative financial movements of our time.
👉 Secure your financial future—start trading Bitcoin with a trusted global platform today.
Remember: The goal isn’t to time the market perfectly—it’s to be onboard when the next wave hits.