For those of you beginners who don’t understand how to trade Bitcoin, you can see the methods below. Bitcoin’s price increase was fantastic. Just imagine, which assets can increase hundreds of percent in such a short time besides bitcoin?

It cannot be denied that many people are turning and investing their money in Bitcoin. In fact, big companies in the United States and other countries such as Tesla, Microstrategy, and others are already doing it. Bitcoin is not only theirs to the rich. You who are laymen or beginners can even trade Bitcoin. You can also trade or own Bitcoin for only IDR 10,000.

Actually, this Bitcoin trading method is almost the same as trading stocks, forex, and others. For those of you who are used to trading on other platforms, this is certainly easy for you.

You don’t need to come all the way to Indodax offices in Jakarta and Bali, you can learn to buy or trade Bitcoin from this article. Here’s how:

1. Beginners Must Be Indodax Members

First, those of you who are beginners must become Indodax members. You can click here to register.

Make sure you enter data such as KTP, telephone number and others correctly. Make sure all registration procedures such as photos with your KTP are also done correctly. You don’t need to be annoyed with the long process. Because of the goal, so that you are safe for transactions or trading later.

2. Wait for Account Verification

The registration process is time consuming. At least, it will take a while to get account verification.

Account verification aims to review all the data you entered earlier. This is so that Indodax ensures that your account is safe when trading Bitcoin later. You don’t need to be annoyed waiting for verification. Because currently, the Indodax account verification queue is indeed booming. However, take it easy, everyone must be a member.

After getting account verification, login to your account at Indodax.com/market. Follow the login instructions which will be directed by email.

3. Make a Deposit to Buy Bitcoin

The next step to buying Bitcoin for beginners is to make a deposit or put money into your Indodax account. The method is quite easy.

You need to transfer money to your Indodax account. The trick is to find Wallet. Then click IDR. After that, follow the deposit instructions properly. Make sure you transfer to the appropriate account. Indodax provides a deposit feature in collaboration with several banks.

Also make sure that you deposit money according to your abilities and beliefs. You are not advised to use emergency money, hot money and cash in Bitcoin trading.

4. Buy Bitcoin

The next step is to buy Bitcoin, after your balance goes to your Indodax account. Search for a market and search for Bitcoin.

Then, you see the buy or buy column. Well, here’s how much money you want to invest. You can choose instant so that your money is immediately converted or diversified into Bitcoin. You can also buy Bitcoin with the limit method. This method allows you to buy it at a lower price.

Make sure to enter the Bitcoin price in the limit method at a slightly cheaper price so that your money can quickly follow Bitcoin.

5. Wait Until the Bitcoin Price Rises

Beginners are usually surprised to see the price of Bitcoin go up and down. But, there’s no need to worry. You have to make sure at what price you want to profit or sell Bitcoin.

It does take days or weeks, or even longer, to wait for the Bitcoin price to rise as you wish. You only need to wait patiently because the Bitcoin trading method is not as fast as you might think.

While waiting for the price to rise again, you can learn about Bitcoin and other crypto assets by watching the Indodax.academy video on youtube and reading articles.

6. Time to Sell Bitcoin and Make a Profit

After Bitcoin rises as expected, now is the time for you to sell Bitcoin. For beginners, you can sell Bitcoin with the instant method. The trick, login to your Indodax account. Then enter the Bitcoin market. Look for the sell column. Enter the nominal amount of the asset you want to sell. It can be part or all of it.

Then click sell. If it’s instant, your money will immediately go in. Your balance will immediately update and increase.

However, if you use the limit method, you need to enter at what price you want to sell Bitcoin. You can do this method just after you buy Bitcoin.

Really easy, right, how? Make sure you always get the benefits of trading on Indodax by reading on the Indodax.academy article.