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Bitcoin for beginners: what to know before your first buy
The path from opening an account to your first purchase, and the three things to check first: registration, venue and fees.
CRYPTO PORT · Jul 18, 2026 · 14:02
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Summary
- In Japan, check FSA registration before anything else
- The brokerage costs you spread; the order book costs you a trading fee
- Start with an amount that would not affect your life if lost
Chapters
- 00:00What this covers
- 01:20Choosing an exchange
- 04:05Opening an account
- 07:40Brokerage vs order book
- 11:10Storing what you bought
Transcript
This video walks first-time buyers through opening an account and making a first purchase.
Start by confirming the exchange is registered with Japan's FSA as a crypto-asset exchange provider. The register is published on the FSA site.
Next, where you buy. The brokerage quotes you a price — simple, but the bid-ask gap is your real cost. The order book matches you against other users and supports limit orders.
On storage: while amounts are small, leaving assets on the exchange is workable. As they grow, consider moving some to a wallet you control.
Frequently asked questions
Is this investment advice?
No. It is explanatory information and does not recommend buying any particular asset.