--- title: 'Cómo INVERTIR en BITCOIN para PRINCIPIANTES 2026 | La Forma Correcta ✔️' source: 'https://youtube.com/watch?v=6ZrHn46wl4Q' video_id: '6ZrHn46wl4Q' date: 2026-08-05 duration_sec: 2106 --- # Cómo INVERTIR en BITCOIN para PRINCIPIANTES 2026 | La Forma Correcta ✔️ > Source: [Cómo INVERTIR en BITCOIN para PRINCIPIANTES 2026 | La Forma Correcta ✔️](https://youtube.com/watch?v=6ZrHn46wl4Q) ## Summary This video provides a comprehensive beginner's guide to investing in Bitcoin, covering the fundamentals of Bitcoin, its historical price cycles, and practical strategies for buying and storing it. The creator, Miguel Valencia, explains the 4-year cycle theory, dollar-cost averaging, and market timing, and demonstrates how to use Binance to purchase Bitcoin with various payment methods while minimizing fees. ### Key Points - **Introduction and Promise** [00:02] — The video promises to teach beginners how to invest in Bitcoin correctly, covering theory and practice, including the best time to invest and a way to get a 40% discount on fees. - **Bitcoin Basics** [00:57] — Bitcoin is a decentralized digital money that operates on the internet without banks or governments, allowing direct peer-to-peer transfers at low cost. - **Inflation and Bitcoin's Scarcity** [01:40] — Fiat money loses value due to inflation (e.g., egg prices in Mexico and Argentina), while Bitcoin's supply is capped at 21 million, making it scarce and a potential long-term investment. - **Bitcoin's 4-Year Cycles** [02:40] — Bitcoin moves in 4-year cycles driven by halving events, which reduce the issuance of new Bitcoins by half every 4 years. Historically, these cycles include a bearish year, a sideways year, and two bullish years. - **Best Time to Invest** [05:10] — Based on historical cycles, the best times to invest are during sideways years after a bearish year (e.g., 2015, 2019, 2023, and possibly 2027). The creator suggests 2027 could be a good opportunity if history repeats. - **Investment Strategies: DCA and Market Timing** [07:04] — Two strategies are presented: Dollar Cost Averaging (DCA) involves regular purchases regardless of price, while market timing involves buying after significant drops. The creator combines both, buying monthly and making larger purchases during dips. - **Choosing an Exchange: Binance** [11:10] — Binance is recommended as the largest cryptocurrency exchange, offering various payment methods (bank transfer, card, P2P) and security features like 2FA. - **Buying Cryptocurrencies with Fiat** [14:18] — Three methods are detailed: plastic card (simple but high fees ~2%), bank transfer (no fees but limited availability), and P2P trading (low fees ~0.2%, available across Latin America, but with a small risk of seller default). - **Depositing Cryptocurrencies** [21:32] — To deposit crypto from another wallet, select the correct network (e.g., BSC) to avoid loss, and use the deposit address or QR code. - **Exchanging Cryptocurrencies** [24:51] — The Spot Market allows instant exchanges. The 'Convert' function is simple but sells at a slightly higher price; the Spot interface offers more control with limit orders, where you set a target price. - **Reducing Fees** [30:25] — Base commission is 0.1%, but using a referral code gives a 20% discount, paying fees in BNB gives an additional 25% discount, resulting in a final commission of 0.06% (a 40% discount). VIP status can further reduce fees. - **Storing Cryptocurrencies** [32:11] — Three storage options: leaving on the exchange (convenient but dependent on Binance), hot wallets (apps like Exodus, secure as your device), and cold wallets (hardware like Tangem, most secure but cost money). ### Conclusion The video equips beginners with the knowledge to start investing in Bitcoin, emphasizing the importance of understanding market cycles, using a reliable exchange like Binance, and securing funds in appropriate wallets. The creator encourages viewers to use the provided links for discounts and to continue learning. ## Transcript Bitcoin correctly. With over 5 years of experience, I will not only talk to you about the theory, but also about the practice. We won't hesitate here with half-baked processes. I'm going to tell you exactly what to do and how to do it. Next, you will discover the best time in history to invest in Bitcoin and what the recommended strategy is. And once you're ready to hit the buy button, I'm going to share a simple way to get a 40% discount on fees from your very first day. This video will save you time, mistakes, and money. I guarantee it. For your convenience, I'll leave an index in the description with the chapters. Even so, I recommend that you watch the entire video, as some chapters complement each other. Without further ado , let's begin. First of all, I'll give you a brief introduction to Bitcoin. Bitcoin is a type of money that works on the internet and does not depend on any bank or government. This means you can send and receive money directly with other people without the need for intermediaries. For example, I could take my money and send any amount I want to someone else on the other side of the world in a matter of seconds and at a very low cost. And when I say low I mean less than the current concert, you can't do this. Bitcoin was born as an alternative to the current financial system. Under the current system, governments print more money whenever they want, which over time causes that money to lose its value due to inflation. For example, 10 years ago in Mexico a dozen eggs cost around 24 euros. Today, their price has practically doubled, and in more extreme cases like Argentina, 10 years ago a dozen eggs cost around 33 Argentine pesos. Today its price has increased more than 100 times. The product is the same, but what changed was the value of the money. Bitcoin works differently because its quantity is limited. We will only have 21 million Bitcoins and no one can come and create more, not banks, not governments, not any person. Bitcoin transactions are recorded on a ledger called Blockchain, which is verified by millions of computers around the world. New Bitcoins are created through a process called mining. This happens every 10 minutes. This makes Bitcoin increasingly scarce over time. Because of these characteristics, many people consider Bitcoin to be a long-term investment. Regarding when to invest in Bitcoin, I want to show you something quite interesting. Bitcoin moves in cycles of every 4 years and these cycles are determined by the Bitcoin halving. The Bitcoin halving is an event that happens every 4 years, which reduces the issuance of Bitcoin by half. When Bitcoin was created, starting in 2009, approximately 50 bitcoins were issued every 10 minutes. After 2012 it was halved, so that every 10 minutes 25 were created and so on, it has been halved every 4 years and will continue to be done until all bitcoins are mined. When these events happen, Bitcoin starts to rise, and historically Bitcoin has moved in cycles of every 4 years, of which we have two to three years of bull market and one year of bear market that are quite well marked. For example, 2014 was a bear market year. Other bear market years in which Bitcoin fell bear market years in which Bitcoin fell significantly were 2018 and 2022. As seen in this chart, 2008 was a bear market year in which Bitcoin declined. Similarly, in 2022, Bitcoin fell considerably, and in 2026, the year we are currently in, Bitcoin has also been falling; it has been declining. And as you can see, these events have happened approximately every 4 years. After a bearish year, we have another year where Bitin is moving sideways. For example, in 2015, Bitin here example, in 2015, Bitin here 2019, Bitcoin also moved sideways, and another four years later, in 2023, Bitcoin did the same before having two years of a bull market. For example, 2016 and 2017 were very bullish market years. Similarly, very bullish market years. Similarly, 2020 and 2021 were years in which Bitcoin rose considerably, and 2024 and 2025 were also years in which Bitcoin rose. Looking at history, in four-year cycles we have a bearish year where Bitcoin falls significantly, which occurred in 2026, 2022, and 2018. Following this, we have approximately one year where Bitcoin moves sideways, which happened in 2015, 2019, and 2023, and probably also in 2027. According to history, and if it repeats itself, these years have been the best times to invest in Bitcoin. Because looking at history, 2015 was a good year to invest in Bitcoin, as was 2019, when Bitcoin was around $ 3,000 or $4,000. Fast forward another 4 years to 2023 and around this time in 2023 it was also a good time to invest in Bitcoin. And if history repeats itself, it means that 2027, if Bitcoin continues to fall, will probably be a good time to invest. And history also tells us Bitcoin, which is when I've been in a state of euphoria. One of them was 2027, because if we look at history, in 2017 Bitcoin was at its all-time highs . Four years later, in 2021, Bitcoin was also at these prices. And another 4 years later, in 2025, Bitcoin was here breaking new all-time highs. So, to answer the question of when to invest in Bitcoin, if history repeats itself, the best opportunities to invest in Bitcoin will likely come in 2027. Everything I 've shown you is based on history. Although history often repeats itself, it will not necessarily be the same in the future. This is simply a reference on how Bitcoin has behaved to this day . But it is quite possible that in a year, theoretically bearish like this 2026, from this point, Bitcoin will recover and begin a bullish cycle. Or it could also be that the current price will continue to move sideways or downwards shown you are simply tools we have to help us make necessarily mean that it will happen exactly as shown. Now that we understand Bitcoin's cycles and how it moves in 4-year cycles, let's look at how to invest in Bitcoin. When it comes to investing in Bitcoin, you can use two strategies. I personally use both, but stop showing me when . One strategy is DCA, dollar cost average, or averaging your purchases. This DSA strategy allows you to make regular purchases consistently regardless of the asset's price . With that strategy you forget about looked at. You don't need to know anything about that, you just need to do your shopping regularly and consistently. And to show you the power of this strategy, I'm going to show you this calculator. Let's assume we're going to invest monthly, and since Bitcoin moves in cycles of every 4 years, let's assume we started this investment 4 years ago and the monthly amount we invested was $1,000. Based on this parameter of our money, we would have invested $49,000. That investment would be worth 83,000 today with a profit of 34,000, which would be 70%, and we would have accumulated 1.23 Bitcoin. I recently started a public portfolio where I am buying $0,000 every month regardless of the price. The first purchase was made on October 17th, then the second was on November 2nd, and so I have been consistently buying $1,000 worth of Bitcoin between the first and second of each month regardless of its price. So true that to this day we are losing about 19%, a little over $1,000. But also in this calculator, at some point, in these 4 years that we did this example, you were also losing. For example, at this point we would have invested $9,000 and only had $6,500, $ 6,600. But at some point this investment found its equilibrium point and over time it has yielded very good results. I know that something very similar is going to happen to me; maybe right now I'm losing, but I'm accumulating more and more Bitcoin and at some point this investment is going to pay off. The second strategy you can use is market timing. Market timing involves trying to buy when the price is at its lowest. These moments consist of trying to buy when Bitcoin is moving sideways after a bearish year. As we already saw, after this bearish year it was a very good opportunity to buy Bitcoin. After this other bearish year that we already looked at, it was another very good opportunity to buy Bitcoin. Similarly, here at this other point, those were the years we at this other point, those were the years we already looked at, like 2015, 2019, 2023 and probably also 2027, which were basically these years when Bitcoin was moving sideways after a sharp drop. Personally, and this is my personal opinion, leaving aside all the data I to make a strong investment in Bitcoin is after it has fallen by 40, 50 or 60%. For example, it has currently fallen 43% below its bought things here at those locations. I bought at this point when Bitcoin fell by about 30% and I also bought again here when it fell by about 50%. Personally, I combine these two strategies. I use the DSA strategy and on a monthly basis, between the first and second of each month, I buy my $1,000. No matter what happens. I don't even look at the price of Bitcoin. But on the other hand, I also follow it to see what stage of the cycle we are in based on history and also try to buy at fairly low prices when it is moving sideways after a bearish year. What I do is simply save money when Bitcoin is going up, and then when it falls, I make significant investments. Before continuing with the video, I'd like to ask if you've made it this far to support me by giving me a like, as that helps a lot. I also take this opportunity to invite you to Incomes community. You can follow us on Instagram for short educational content, join the community on Telegram, or also join the new WhatsApp group where you can interact with other investors. I'll also leave all those links in the description of this video. When you're ready to buy your first cryptocurrencies, you'll need an exchange. An exchange is a digital platform where you can buy, sell, and trade cryptocurrencies. I'm going to recommend the best and biggest of them all, and that's Binance. Binance is the number one cryptocurrency platform worldwide. As of today, it already has more than 312 million users. On this platform you can buy cryptocurrencies with fiat money, such as pesos, dollars, euros, in a fast and secure way. Regarding payment methods, you can use bank transfer, plastic card or P2P commerce. These are the methods we will look at next. Let's begin the you find value in this video, I would only ask that you use the link in the description to create or reactivate your account. By sending that link you would be supporting the channel. This is at no cost to you and in return you will get a couple of benefits. One of them is up to $600 in welcome bonuses and the most attractive is a 20% discount on fees for life. That 20% can save you hundreds or even thousands of dollars if you use it long-term. And it's also part of that strategy I mentioned to save you up to 40% on fees. You can create your account using one of phone number or your email address. I would suggest you do it with your email address. Then they will send a six-digit code to the email address you provide. Next, you will need to set a strong password, and after that your account will be created. The next step will be to download the application. You can download it from your App Store or Play Store. You log into your application with the data you used to ask you to verify it. To verify it, they will only ask for some personal information such as your full name and also take a photograph of an official ID. And the last step will be to perform facial verification. If you encounter any problems with this process, I shows you how to create an account step by step. Once your account is ready, it will look like this. Next, we'll look at some Go to the user icon, then press account and here we have security and here we will have the authentication factors, which are the access keys, email verification and phone number will be account. But before you deposit any money, I recommend that you activate this feature called an authenticator app. For this, I personally use Google Authenticator. This is an application that generates a six-digit code that changes every 30 seconds. Binance will ask you for that code when you want to log into your account or withdraw money. This is the minimum I suggest you have activated before depositing money. But of course, there are other functions, okay?, that are also important, but in this video it would take me too long to explain them to you, but talking about all the security that this thing has to offer. Okay, now let's look at how to buy cryptocurrencies with fiat money. The term Fiat refers to a national currency issued by a government entity, such as the dollar, peso, or euro. As I already mentioned, Binance allows you to buy cryptocurrencies with bank transfer, plastic card and P2P trading. These methods may vary slightly depending on the country you are in, but I will use them below and show you their advantages and disadvantages. That way you decide which one is best for you. Starting with the plastic card method . For this, you will need to go to this section I made to buy crypto. Your national currency will appear here; in my case, it's the Mexican peso. The second step is to choose the cryptocurrency you want to buy, so let's just say buy Bitcoin directly and enter the amount. The minimum for Mexico is 360 pesos. But suppose I want to buy 1,000 Mexican pesos. Next, in the payment method section, select the plastic card and confirm. Then you press buy cri on this side it will ask you to enter your plastic card details such as the card number, date of aspiration, security code and your address. And the final step would simply be to press the payment method is that it is the simplest of all; simply by pressing a couple of buttons you will be making your first purchase. The downside is the high fees. As you can see, they are charging me 20 euros for buying 1,000 pesos worth of Bitcoin . That's about 2%. This 2% commission is the only downside, but I'm going to show you other methods with much more favorable commissions. The next method, and this is one of my favorites, bank transfer. What will happen is, you deposit money into Binance with a transfer and then that money, that peso in my case since I live in Mexico, we will convert it into any cryptocurrency we want. This is something quite press this button here that says deposit and then press deposit Mexican pesos. In your case, your country's currency will appear. That transfer won't cost you anything and can take up to a day, although they and here you will see the information you need to make the transfer. In my case it's my full name, my bank password, which is the information I need to make the transfer, the name of the bank, and that's basically it generate any cost. The minimum amount is 50 pesos and the maximum is vary slightly depending on the verification level you have on your account. For the deposit 1,000 Mexican pesos. make the transfer. And now I'm back. Once you send the money, you'll be directed to this wallet icon. You press here in this section that says spot and here you will see the weight you send. In the chapter on exchanging cryptocurrencies, I'm going to show you how you can convert this peso into Bitcoin or any other cryptocurrency. The advantages of using this method to buy cryptocurrencies are that it is quite easy to use and it does not generate any fees. The downside is that at the time of recording this video, it is not available in all Latin American countries. It is only available in Mexico, Colombia and Argentina, but it may be available in your country by the time you watch this video . But don't worry, if it didn't another one of my favorite methods too, and that's P2P trading. To use this method, you press deposit and then press this option that says P2P trading. After quick trade, it will appear as quick or express. P2P stands for peer to peer or person to person. P2P trading is the buying and selling of cryptocurrencies directly between Binance users. This is also quite easy to use and is available throughout Latin America. Here, the select your national currency, which in my case is the Mexican peso. You select it and then you select the cryptocurrency you want to buy. Here I recommend that you buy USDT, which is the most traded cryptocurrency. The USD is a cryptocurrency that maintains its value equal to the US dollar. You enter the amount you wish to purchase; the limits are also quite high. will also buy 1,000 Mexican pesos and will be receiving around 55 USDT. Here they are giving me the exchange rate and also the commission which is 0.2% which is quite low. Then I press select payment method and here these may vary a little from country to country. Choose the one that suits you best. In my case, I want to do it by bank transfer. I'm going to leave it like this and then I'll press what I did, select ad. And here, the best offer will be thrown to me, the advertiser who sells the cheapest UST. Remember, the cheaper we buy it, the more USDT we will receive for our national currency. This is the name of the advertiser. These are the orders it has, which are many, and the to 100%, which is very good. This given, he has almost completed them all. So, I'm going to select the options here. Here is the time when he will release the UST to me and the amount of pesos. If I agree, then we press this button that says enter order. An order will be generated here. It shows me the time I have to make the transfer, the amount I have to transfer, and the data I So, what I'm going to do next is pause the video and with my mobile I'm going to to take a screenshot of that transfer . Okay, I'll be right back. At this time we have already made the transfer to these Then, the next step will be to press of payment. And this is where I'm going to upload the screenshot we took. Once the screenshot is uploaded you made the transfer from your own account. And at that moment the screenshot will be sent . So here's the screenshot. At this point, we're simply going to wait for this person to verify that they actually can release what we bought from them from UST. I'll pause the video and come back as soon as this person minutes and as you can see it seems that the UST has already released me. If you can simply send them a message saying thank you as a courtesy, but it's not really necessary. To check your USDT balance, go to the wallet icon, then go to the wallet that says "funds," and under this funds wallet you will see what you buy in the P2P market. We already have the 55 USDT here. As for the advantages of using this payment method, one of them is the low fees. Basically, 0.2% is basically no other advantage, and for me the most important one, is that this payment method is available throughout Latin America. No matter what country you live in, here you will find your national currency. As for the disadvantages, this method is a little more complex than the other two and you also run a risk called seller default. This is something very unlikely to happen to you, but it can happen. There is a risk that you deposit the money as we did, but the seller does not release that USDT. But don't worry because Vainas holds that money as a guarantee, and if there's a problem, Vainas reviews the case and if you actually made the even if the seller doesn't cooperate. I repeat, this is a very unlikely risk that will happen to you, but that small possibility exists. Now I'm going to show you how to deposit cryptocurrencies when you already have cryptocurrencies in a wallet or other platform. To do this, you will also press the deposit button and here you will select crypto deposit under I have crypto. The cryptocurrency you wish to deposit. In my case I'm going to send USDT and here it asks you to select the network. The network is the pathway through which the cryptocurrencies you send to Binance will circulate. Regarding networks, you just need to make sure you select the same network where you have your funds. In my case, I have my money in this network called BSC or Binance SmartChain B20. I'm going to select it and it will give me the QR code and also the deposit address. I can copy this address or scan this QR code. Next, I will enter my wallet address, which is where I have my USDT. I select USD, press the send button, and here it asks me to select the network from which I want to send the money. I have $10 on the Tron network . In the SmartChain pods I have 540, which was the same one we selected in pods. Here, when you send cryptocurrencies, you simply have to make sure you don't cross networks. The same network that sends must be the same one that receives. Crossing the networks could . So, I'm going to select Binance SmartChain, which was the same one we selected on Binance. I enter the amount I wish to send. I'm going to put in about $100. And we press continue. And here it asks me to is the address I'm going to put. Or it also gives me the option to scan that now. I check that the address that appears on my mobile is the same as the one that appears here in vainas and it is the same. Then I press preview and then swipe right to confirm submission. And right now those cryptocurrencies are already on their way to Binance. To check the balance I sent, I'll wallet icon and find it in the Spot Wallet. This wallet is where the balance you send from another location appears. I want to briefly show you where your money will be when you send it to Binance. As you can see here under wallets you will find different wallets, which are all the ones we the summary will appear, showing your entire balance. Then we have the cryptocurrencies you have available for exchange, you send from another platform, and also fiat money, the bank account. We also have the funds wallet. This wallet will display the cryptocurrencies you buy in the P2P marketplace. you see here, for example, futures, where you can trade in this futures, and so on; there are simply different wallets. When you transfer funds from any wallet to the Spot wallet, and making charge. Simply put, for going to press this button that says transfer and I want to transfer from the funds account to the Fiat account. Here I exchange the arrows and I'm going to send the USDT that we bought in the P2P market. In fact, I'm going to send everything and confirm the transfer. And now that money is going to move from the funds account to the spot account. This platform has many tools to showing you the ones you need to buy cryptocurrencies, but here in this video I'll give you a complete tutorial on Binance. Now let's look at how to exchange cryptocurrencies. When you exchange cryptocurrencies, that is, when you move from one to another, you will be operating in the Spot Market. The Spot Market is where you buy and sell cryptocurrencies instantly, at the price they have at that moment. Vainas offers two options for making these types of exchanges. First I'm going to show you the simplest one of all. Go to this section where I says "convert". And convert one cryptocurrency into another. Here it's as simple as just selecting the cryptocurrency you want to exchange. In this example, I'm going to use the UST and here you choose the cryptocurrency you choose whichever one you want. I'm going to leave it in Bitcoin. I'm going to exchange USDT for Bitcoin. You enter the amount. I'm going to do it with about 10 USDT. Here's what you receive in Bitcoin. And you simply press preview. It will show you a summary; this exchange will not generate commissions, and you simply confirm by pressing convert. And that 's basically it. You've already gone from having UST to having Bitcoin. Although this option is very convenient, very easy to use and does not generate any commission. I don't use it that much and I don't fully recommend it because even though you don't pay commissions, they do sell you the asset slightly more expensive than it costs. This option is ideal if the next one I'm going to show you seems too complicated or if you're just going to exchange about 5 or $10. But to exchange large amounts of money, I recommend that you use the following option, which is right here market or do it here in this function that says spot. This is where you will cost and you will only pay a small commission. This screen may look a little intimidating, but it's not that complicated. And I'm only going to show you need to exchange cryptocurrencies. On this side you won't find the word Bitcoin or anything like that, you 'll find symbols. The symbols character abbreviations that identify cryptocurrencies on exchanges. For example, the symbol for Bitcoin is BTC, the symbol for Ethereum, which is another cryptocurrency, is ETH, and the symbol for Tether is UST, and so on, which are precisely the symbols that you will find here on Binance. And you will also find that you can exchange these cryptocurrencies in pairs. can be directly exchanged with each include USDT, here are all the pairs with Mexican pesos can be exchanged for Bitcoin, Ethereum, and so on. The order book will also appear here. These are orders from people who are selling. And down here in green we will find and in the middle is the market price, which is what the asset is worth at this moment. And on this side we have the graph that shows how the price of the asset has changed over time. It has many elements, but this graphic thing is a topic for another video. And down here is where we're going to place our orders. There are mainly two types of orders, a limit order and a market order. Starting with the simplest one, which is a market order. With that type of order, you buy the cryptocurrency at the current price, and they are executed immediately, meaning I would be buying Bitcoin at this price. So, I'm going to show you how to place one of these orders. First of all, you select the asset you want to that we have Mexican pesos. I'm going use the Bitcoin/Mexican Peso pair . Then I return here to the market order and here is the available amount, which is the 1,000 pesos that we deposited. You enter the amount you would like to exchange, or you can also slide this bar and exchange everything you have. I'm going to exchange the 1,000 pesos. Here I see the estimated commission and I Bitcoin button. At this moment we already exchange the Mexican peso for simplest. Now I'm going to show you an order in which you have a little more control, which is a limit order. With a limit order, you set the exact price at which you want to buy. Let's look at an example. Let's say I want to exchange the USDT I have here. I'm looking for USDT. Here is the USDT and then I select the P. In this case we also have USDT, the one we bought in P2P and also the one we deposited. And here I want to look up by its symbol, which is BTC. And here the Bitcoin/USDT pair appears for me. I select it and now we slide down to place this limit order. And with that, you have more control. Let's say this Bitcoin price seems too expensive to me and I want to buy, but I want to wait for it to drop, say, to around $68,000. So, here's the purchase price, I'm going to put $68,000. And here I select how much I want to buy. I have 295 available and let's say I want to buy $100 at that price for the $100. If Bitcoin falls to 68,000, I will buy this amount of Bitcoin and that would be the commission I would be paying. If I agree with this, I press buy and at this moment an order will be created. Remember, this order will only be executed if Bitcoin falls to this price, 68. If it never falls, that order will never be executed. And if simply press cancel, and then to view your assets you go to the wallet and here under the spot icon, and here the we made in a market order where we exchanged the Mexican peso for Bitcoin, which is here. Now I want to talk to you about the costs and fees you will pay when exchanging cryptocurrencies. As I already cryptocurrencies using the convert function here, you won't pay any asset at a higher price than it costs. As I already showed you, the best thing to do is to exchange cryptocurrencies here on Twitter using the spot feature. And to make those kinds fees you'll pay. If you are a regular user, which is most of us here, people who don't move a large volume of trading, you will pay a base commission of 0.1%. But here I'm going to show you three ways you can reduce these fees even further. One of them is with the code that appears on the screen with the link that I'm going to leave in the description. With that code and that link you will get a 20% discount on commissions. That code also works for existing users who haven't traded in the last 180 days. The second way is to pay the fees in BNB. BNB is the official cryptocurrency of pods that also fluctuates just like Bitcoin. And by paying in this cryptocurrency, you'll get an additional 25% discount you simply need to have BNB, just like I have here, here in your spot account. And so every time you exchange cryptocurrencies, the fees from here will be deducted from your balance. If you use our code on top of the base commission of 0.1% , you will get a 20% discount, which means you would already be paying a commission of 0.08%. Add to that 25% for paying with BNB. Which will leave us with a final commission of 0.06%. And that's where we have that 40% discount on commissions that I mentioned at the beginning of this video. Another way to reduce them even further is by becoming a VIP user. As you increase your trading volume, you can become a VIP user and reduce your commissions even further. At this point we have already done the most important thing, which is to make our first cryptocurrency purchase. Now I'll show you the final part, which is where to store your cryptocurrencies. In short, you can save them in three ways. One of them is simply leaving them here on the Binance platform. For this, I security features that I showed you in the security section and also watch the Vinance security. But here your cryptocurrencies depend on Binance, even though Binance is the largest and most secure platform, because it depends 100% on them. If you don't want to depend on that stuff, the second option, and something also highly recommended, is to send those cryptocurrencies to a wallet. wallets, which are hot wallets. These types of hot wallets are simply applications that you download to your mobile phone, like the Exodus Wallet that I showed you. You download that type of wallet from your App Store or Play Store. When you install them, recovery files and they'll basically be ready to use. The only problem with these types of wallets is that they are only as secure as your device is secure. If it's compromised or stolen, then you could also be jeopardizing your balance. Another type of wallet, and the most secure on the market, are cold wallets or Col Wallets. These are also applications mobile phone, such as this one called Tangem, which is a wallet that I have. But instead of simply relying 100% on an application, they also example, this wallet consists of cards. You can use the cards that come in this little box, which is this wallet that I use, or there's also Layer and many other wallets. These physical wallets work the same as the one we use, Exodus, to send money to things, but here, when approving a withdrawal, you require the physical cards. This is the highest find in the industry. I know I just briefly mentioned storing like to learn all about it , I'll leave a video above. The only challenge is that these wallets are not free; they already have a cost. This will depend on the wallet you use, but this one I 'm showing you, Tangem, has a value of $44 with our code, the description. With those two codes you'll get a 20% discount and it will cost you $44. If you'd like to learn more about how to use this Tangem wallet, I'll also leave a video above. If you made it this you have the knowledge you need to invest in Bitcoin the pods, I'll leave the official link with those codes and any questions, you can leave them in the comments. I always do my best to answer. And up here you'll see a couple of videos. In this on pods, and I'll also leave you a video here about the wallet we for today. My name is Miguel Valencia and I'll see you next time Miguel Valencia and I'll see you next time .