How to Buy Bitcoin in 2026: A Complete Guide for Beginners from Account Opening to Purchase and Storage

Are you interested in Bitcoin (BTC) but don't know how to buy it or find the risks intimidating? This guide is for beginners. Based on the latest 2026 information, we clearly explain the basic steps from account opening to purchasing and storage, along with key precautions.

What to Know Before Buying Bitcoin

Bitcoin is purchased through cryptocurrency exchange operators (exchanges) registered with the Financial Services Agency (FSA). It carries significant price volatility, the risk of losing your principal, as well as risks of hacking and fraud. Invest at your own risk and only within the scope of funds you can afford to lose.

Step 1: Open an Exchange Account

First, choose a reliable exchange and open an account. As of 2026, recommended exchanges for beginners include Coincheck, SBI VC Trade, and bitbank. Their key features are as follows:

• Coincheck: User-friendly interface for beginners, offering both a brokerage and exchange service. Be mindful of the spread (equivalent to fees).
• SBI VC Trade: Backed by the reliability of the SBI Group, with campaigns such as free exchange fees (taker 0% and up).
• bitbank: High liquidity as an exchange, with order book trading available. Also provides ample information for beginners.

To open an account, you will need identity verification documents (such as a driver's license or My Number card). In some cases, the account can be opened on the same day.

Step 2: Complete Identity Verification (KYC)

After submitting your account opening application, your identity will be verified following the exchange's review process. This is a mandatory procedure to prevent money laundering. The review may take anywhere from a few hours to several days.

Step 3: Deposit Japanese Yen

Once identity verification is complete, deposit Japanese yen into the exchange. Deposit methods vary by exchange, including bank transfers and quick deposits (via convenience stores or online banks). It is advisable to choose an exchange that offers free deposit fees.

Step 4: Buy Bitcoin

Once your deposit is confirmed, you can proceed to buy Bitcoin. There are two main ways to purchase it:

• Broker (Instant Buy): Buy instantly at the price offered by the exchange. Convenient, but the spread (buy-sell difference) is wider, resulting in higher effective costs.
• Exchange (Order Book): Users trade with each other via an order book. Fees are lower, but it may take time for your order to be filled.

Beginners should start with small amounts using the broker option, then switch to the exchange once they become more familiar with the process.

Step 5: Storing Bitcoin (Security Measures)

You can leave your purchased Bitcoin on the exchange, but given the risk of hacking, it is recommended to transfer it to a wallet you control. There are the following types of wallets:

• Hot Wallet: A wallet connected to the internet. Convenient but riskier.
• Cold Wallet: A wallet managed offline (e.g., hardware wallet). More secure.

For beginners, it is safest to start with small amounts and thoroughly implement the exchange’s security settings (such as two-factor authentication).

Notes and Risks

• Price Volatility Risk: Bitcoin can experience significant price swings in short periods, potentially halving your investment.
• Exchange Risk: Exchanges may be hacked or go bankrupt. Choose FSA-registered brokers and practice diversified storage.
• Taxation: Profits from selling Bitcoin are taxed as miscellaneous income. You may need to file a tax return. Tax systems vary by country and region, so check the latest information.
• Fees: Fees and spreads differ between exchanges. Check the latest fee rates on the official website.

Summary

Purchasing Bitcoin is completed in five steps: opening an account → identity verification → depositing funds → buying → storing. If you're a beginner, start with a small amount, implement thorough security measures, and trade only after understanding the risks. If you're unsure which exchange to choose, refer to our cryptocurrency exchange comparison to find a broker that suits your needs.

This article is for informational purposes only and does not constitute investment advice or a purchase recommendation. Please make your final decision at your own risk.

Risk and Disclosure

Risk: Crypto assets are highly volatile and carry the risk of losing your entire principal. This article is a general explanation based on information as of 2026-07-16 and does not constitute investment solicitation, advice, or a recommendation of any specific asset. Trading eligibility and tax treatment vary by country/region, so please be sure to check the regulations in your country of residence and the latest terms of each exchange before use.

Affiliate Disclosure: This article may contain advertising (affiliate) links, and our site may receive compensation at no additional cost to the reader. Compensation does not affect the content of our evaluations.

Frequently Asked Questions

How much Bitcoin can I buy with a small amount?

It depends on the exchange, but many allow purchases from around 500 yen (about $5). For example, Coincheck allows purchases from 500 yen, and bitbank from 1,000 yen. You can start with a small amount.

Which exchange is best for buying Bitcoin?

For beginners, Coincheck, SBI VC Trade, and bitbank are recommended. Coincheck is user-friendly, SBI VC Trade is reliable, and bitbank has low fees. Check their official websites for the latest information.

What are the fees for buying Bitcoin?

At a brokerage service, the spread (difference between buy and sell prices) is the effective fee. At an exchange, trading fees apply: makers (those placing limit orders) often pay 0%, while takers (those taking orders) pay around 0.01% to 0.15%. Fees vary, so check each exchange's official site.

Should I move Bitcoin to a wallet after buying?

It's not strictly necessary, but leaving coins on an exchange carries hacking risks. For long-term storage, we recommend moving them to a cold wallet like a hardware wallet. For small amounts, keeping them on the exchange is fine, but strengthen your security settings.

How is Bitcoin taxed?

Profits from selling Bitcoin are treated as miscellaneous income and are subject to comprehensive taxation combined with other income. If annual profits exceed 200,000 yen (about $2,000), you must file a tax return. Tax rates range from 5% to 45% depending on income. Tax laws may change, so check with a tax accountant or the National Tax Agency's website for the latest information.