Bitcoin Trading guide for beginners step-by-step. The basics.

Bitcoin trading doesn’t have to be difficult. If you just start with the basics, you will be able to improve your skills and get a deep dive into the rough parts more confidently.
Just follow our instructions with this step-by-step bitcoin trading guide for beginners, and don’t forget to claim your free Bitcoin to start with!

Grab your BTC coupon worth 10 euros for your first trading! 

Step 1 in our Bitcoin trading foe beginners guide: 

 

Registration

 

  1. Go to https://btcpremium.eu.
  2. On the upper menu, click on REGISTRATION.
  3. Enter your email address and choose a strong password.
  4. Read our Privacy Policy and Terms of conditions, and check the box, if you agree (required).

    If you wish to receive emails about our news and important updates, check ” I agree to receive promotional emails” box as well, then click on OPEN AN ACCOUNT.

  5. Check your email inbox for the registration email. If you don’t find it, check your spam box as well. In case it’s there, mark it as “no spam”.
  6. Click on the activation link or copy and paste it manually in your browser.
  7. That’s it. Your account is activated. Now you can top up your account, and start trading.
  8. Simultaneously a Support/Helpdesk account had been created for you as well. If you have any question, just log into your Helpdesk account, and open a ticket with your question or problem. There you can find a Q&A section, with plenty of ready-made answers already. Feel free to browse it through. We will be there to help you out as well.

Step 2 in our Bitcoin trading guide: 

 

Safety settings

 You should activate the 2FA for your account to keep it as safe as possible. You will find it on the main page of your account.

Step 3 in our Bitcoin trading guide: 

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Verification

 

To be able to withdraw (both FIAT and crypto) from your account, according to our KYC policy you need to verify your identity.

Read about “Why customer verification is important“.

You can do it, by clicking on your account icon my account in the upper right corner, than on the “Verification” menu on the left side.

You need to enter your proper personal data.

Important: only EU citizens allowed to use our platform. If you live outside the EU, we cannot verify your identity.

By clicking on “Submit” button you can forward your entered data to us.

You will receive an email from us shortly, where we will ask for some documentations, what we need from you in order to verify your identity.

You can upload them in your Freshdesk account by answering the ticket.

Usually, they will be: a selfie, in a way, that you hold your identity card in your hand on the front side, photo of your ID and address card (both sides), utility bill or other invoice with your name and the given address. All of them in JPG, PNG or PDF format.

If you submitted your verification query, you don’t even need to wait for our email, you can just upload those documents right away in your Support account by opening a support ticket

Step 4 in our Bitcoin trading guide: 

 

Deposit: FIAT (EUR), crypto (BTC)

 

  1. Log into BtcPremium and go to your account. my account
  2. Roll down on the dashboard and choose the FIAT currency you wish to desposit.
  3. When depositing BTC, you will see your wallet number, we created for you. Make sure to give the proper wallet number, and always double check, as most of the time the crypto transfers are irreversible! Make sure, you didn’t mix up BTC with BCH!
  4. When depositing FIAT currency, choose EUR on your dashboard and click on “Deposit”.
  5. Enter the amount you wish to deposit and hit “Confirm”. In the next step, you will see our banking details, where you need to send the amount. You can open our bank details in PDF or feel free to download it. Do not forget to attach the TXR number to the transaction reference. Without this, we won’t be able to identify the sender of the payment. The process takes usually 1-5 working days.

Step 5 in our Bitcoin trading guide: 

 

Your first bitcoin trading

 

Limit order.

 

Look at the trading view chart on the Trading page. Choose 1 day, 5-15-30 minute view to get a closer look at the exchange rate fluctuations. You can switch among them on the left upper corner of the Tradingview chart by clicking on 1D icon.

Use our bitcoin trading profit calculator to make sure, that you could get the most out of the trade you are about to get in. More info about our trading and transactional fees here.

 

Limit buy order

 

Enter the amount you wish to pay for 1 BTC in the “Price per BTC (you can propose your price)” box.

Give the amount you wish to invest in the “Total” box.

The amount of BTC you intend to purchase will be automatically calculated.
Confirm your intent by clicking on “Buy BTC” button. Right after you will see a confirmation window open up, where you will still be able to double-check your order.

If your offer is below the Market Price (which is the price automatically showing), your order will be added to the Order Book. If the exchange rate reaches the price you proposed, your order will be executed.

 

Limit sell order

 

Enter the amount you wish to sell your Bitcoin as per 1 BTC in the “Price per BTC (you can propose your price)” box.

Give the amount you wish to sell in the “Total” box.

The EUR amount of BTC you intend to sell will be automatically calculated. Confirm your intent by clicking on “Sell BTC” button. Right after you will see a confirmation window open up, where you will still be able to double-check your order.

If your offer is above the Market Price (which is the price automatically showing), your order will be added to the Order Book. If the exchange rate reaches the price you proposed, your order will be executed.

 

Step 6 in our Bitcoin trading guide: 

 

Never invest more what you can afford to miss over an extended period or lose it completely.

 

How to withdraw from Btcpremium

 

To a BTC address

 

  1. Login to your BtcPremium Bitcoin exchange account, and click on “My account” icon .my account
  2. Roll down on the dashboard under “My balances” and in the row of BTC click on “Withdraw”.
  3. Then enter the amount you wish to withdraw. It is important to separate the decimal points with a dot, NOT with a comma.
  4. Copy and paste the address, where you would like to send the amount, then click on “Submit”.

 

It is important that you will be able to withdraw any amount only after the verification process.

 

To a bank account

 

  1. Login to your BtcPremium Bitcoin exchange account, and click on “My account” icon .my account
  2. Roll down on the dashboard under “My balances” and in the row of EUR click on “Withdraw”.
  3. Then enter the amount you wish to withdraw. It is important to separate the decimal points with a dot, NOT with a comma.
  4. To be able to withdraw FIAT amount, below your identity verification you need to verify your bank account as well. You can do it by adding a new bank account like this: In the EUR row click on “Withdraw” than “Add new account”.

 

Step 6+1 in our Bitcoin trading guide: 

Partner Program:

 

As a bonus you can earn free Bitcoin on the trades after the people you invited.

Use your affiliate link to invite them, what you can find here:

Read more about our affiliate – partner program.

We hope, you found our bitcoin trading guide useful.

Don’t forget to claim your free BTC and register on BtcPremium Bitcoin Exchange!

 

  • fast
  • simple
  • beginner friendly

See you there!