Cryptocurrencies like Bitcoin (BTC) have shown steady growth in value as of 2025.
Bitcoin, in particular, made headlines in 2024 when its price surpassed $100,000 per coin (1 BTC).
After a period of stagnation, Bitcoin reached a new milestone in June 2025, breaking the $110,000 mark and attracting even more attention.
Now might be the perfect time to consider cryptocurrency trading as a future investment opportunity.
This guide is designed for beginners looking to start trading cryptocurrencies, covering essential steps, key considerations, and recommended exchanges.
What You’ll Learn
- How to start trading cryptocurrencies and the essentials you’ll need
- 5 critical points to consider before trading
- Steps to open an account on a cryptocurrency exchange
- How to execute cryptocurrency trades
- Why Coincheck, a leading Japanese exchange, is ideal for Bitcoin trading
Bitcoin, the flagship cryptocurrency, is available on numerous exchanges worldwide.
Coincheck stands out for its user-friendly platform, making it perfect for beginners. You can start trading with small amounts.
👉 Explore Coincheck’s official site to learn more.
Getting Started with Cryptocurrency Trading (Step-by-Step)
1. Prepare the Necessary Tools
To trade cryptocurrencies, you’ll need:
- An internet-connected device (PC, smartphone, or tablet)
- A bank account (for depositing/withdrawing funds)
Most exchanges offer both web-based and mobile apps, but some may be mobile-only—check compatibility beforehand.
2. Open an Account on a Cryptocurrency Exchange
- Free and easy: Most exchanges allow free account registration with no maintenance fees.
- Eligibility: You must be at least 18 years old and reside in Japan (or your country of residence).
👉 Sign up with Coincheck for a seamless experience.
3. Deposit Funds
- Bank transfers or convenience store payments are common deposit methods.
- Fees vary by exchange—compare options to minimize costs.
Once your account is funded, you’re ready to trade!
Key Considerations for Beginners
- Volatility Awareness: Cryptocurrencies can experience sharp price swings—manage risks wisely.
Understand Trade Types:
- Spot trading (buying/selling actual coins)
- Leverage trading (speculating on price movements without owning the asset)
- Avoid Unregulated Exchanges: Stick to platforms licensed by financial authorities (e.g., Japan’s FSA).
- Beware of Scams: Steer clear of projects promising unrealistic returns.
- Tax Compliance: Report gains/losses during tax season to avoid penalties.
- Travel Rule Compliance: Ensure smooth transactions by understanding cross-exchange transfer rules.
Recommended Cryptocurrency Exchanges
| Exchange | Features |
|---|---|
| Coincheck | Zero trading fees (exchange), NFT marketplace, 35+ supported coins |
| bitbank | Low-cost trading, high-security standards (43 supported coins) |
| SBI VC Trade | SBI Group-backed, 39 coins, multiple services (lending, leverage, etc.) |
| Rakuten Wallet | Use Rakuten Points for BTC purchases, integrates with Rakuten Cash |
FAQs
How much do I need to start trading crypto?
Most exchanges allow investments as low as ¥500 ($5 equivalent). Some even support ¥1-minimum trades.
Where’s the best place to buy Bitcoin?
Coincheck, bitbank, and SBI VC Trade offer competitive fees.
👉 Always prefer exchange-based trading over pricier "instant buy" options.
Final Thoughts
- Cryptocurrency trading requires an internet-connected device and an exchange account.
- Accounts are free to open and maintain.
- Understand trade types, fees, and tax rules before starting.
- Coincheck is a top choice for beginners due to its simplicity and low costs.
Ready to dive into Bitcoin? 👉 Visit Coincheck’s official site to begin your journey!
For further reading:
Best Crypto Exchanges Compared
Understanding NFT Investments