Through various market fluctuations, Bitcoin remains the largest and most popular cryptocurrency today, it has continued to grow recently, surpassing 124,000 USD on August 14 before slightly decreasing to 109,000 USD at the time of writing.
To invest safely in Bitcoin in 2025 in Vietnam, we need to pay attention to the following points:
How to invest safely in Bitcoin
Choose a reputable exchange with high security
Start your investment journey by choosing a reputable exchange with strong security features and regulatory compliance. Choosing an exchange is very important as it is where you store your money, so this is a crucial step to consider when participating in cryptocurrency investment.
If you search for the keyword 'cryptocurrency exchange', dozens of names will pop up, from DEXs (decentralized exchanges) to CEXs (centralized exchanges).
However, if you are a newcomer, you should choose a CEX because of the following outstanding characteristics:
Super fast transaction speed
User-friendly interface
High security
High liquidity means lower slippage
There are many different deposit/withdrawal methods, such as P2P
User support immediately in case of incidents
There are many investment methods and ways to profit
Users' funds will be protected
Some CEXs have a reserve fund (like Binance) in case of attacks
However, there are some limitations at CEX as follows:
Mandatory KYC so less privacy
May be regulated or cease operations (if violating regulations...)
So which reputable exchange should you choose?
The answer is Binance. This is currently the largest centralized cryptocurrency exchange. With a 24-hour trading volume exceeding 32 billion USD (according to CoinGecko data).
Binance's Trust Score is 10/10. Trust Score is a ranking algorithm developed by CoinGecko to assess the legitimacy of a trading platform's trading volume. Trust Score is calculated based on a series of indicators such as liquidity, operational scale, cybersecurity rating, etc.
Why should you trade on Binance?
Binance is chosen by many because it provides high liquidity, low trading fees, offers a variety of cryptocurrencies, and has many features to support users.
Additionally, Binance is known for its high security, having a reserve fund also known as the SAFU fund worth 1 billion USD to give users peace of mind when depositing funds.
Binance is also one of the largest exchanges with the biggest community currently, spanning many countries. Below are the advantages of trading on Binance:
Diversify assets:
Binance supports trading in various cryptocurrencies (over 600 types of cryptocurrencies).
High liquidity:
Binance is one of the largest exchanges in the world, thus having high liquidity, helping users to trade quickly and easily, minimizing slippage.
Low trading fees:
Binance has competitive trading fees, especially when using BNB (the exchange's native token) for payment.
Trading support tools:
Binance provides many trading support tools such as analysis, charts, and indicators to help users make smart trading decisions.
Optimize profits:
Binance offers many ways for users to optimize profits, such as farming, staking, saving deposits, or participating in weekly events to receive rewards and airdrops.
Security:
Binance uses advanced security measures and most users' funds are stored in cold wallets (offline), helping to minimize risks in case of incidents.
User-friendly interface:
Binance has an intuitive interface, supports multiple languages, making it easy to use.
P2P trading:
P2P trading on Binance is safe, fast, and always supported promptly by Binance.
There are many different trading methods:
Binance offers various trading methods such as spot, margin, or futures... meeting all requirements from investors.
With the above reasons, Binance is definitely the centralized exchange that every cryptocurrency investor should use.
Register for Binance exchange here: https://accounts.binance.info/vi/register?ref=11885538
Use a cryptocurrency wallet
A cryptocurrency wallet is essential for trading cryptocurrencies, there are currently many types of wallets, depending on the user's needs. You can choose a hot wallet or a cold wallet; you can also delegate the oversight of your cryptocurrency to any reliable centralized exchange like Binance.
Binance has just launched the Web3 wallet. Binance Web3 Wallet serves as a digital gateway for dApp applications, providing users with a secure and reasonable method to manage cryptocurrencies, execute token swap transactions across multiple chains, and enhance performance and interaction with various blockchain platforms.
Why use Binance's Web3 wallet:
Binance's Web3 wallet uses an advanced cryptographic security system, employing Multi-Party Computation (MPC) technology. It uses MPC to generate three 'key-shares', stored in the Web3 wallet, cloud, and your device.
Key-shares are secured by your recovery password, making them very safe.
There are 5 reasons you should use the Binance Web3 wallet:
Convenient
Easy to use
High security level
Self-management
24/7 user support service
How to create and use the Binance Web3 wallet, see here: https://blogtienao.com/vi-binance-web3-la-gi/
Develop a detailed investment strategy
Follow your risk management plan by only investing money you can afford to lose, diversifying your portfolio, and continuously updating information about the market and security.
Here are some points you should keep in mind when investing in Bitcoin:
The first and most important principle: 'Don't sell too early', when investing in Bitcoin, you should invest for the long term.
Risk management: Managing risks when investing in cryptocurrencies in general and Bitcoin in particular is extremely important, as each person's position is different, we must determine the goals and potential risks when investing. Below are some risk management strategies:
Self-research: Learn thoroughly about the Bitcoin market, do not rely on what others say, you must research yourself to come up with the most suitable investment strategy, you can refer to investment guides on Binance or Blogtienao.
Set clear goals and exit strategies: Determine profit targets and acceptable risk thresholds in advance to exit when the market adjusts.
Control emotions: This is very important, you need to avoid FOMO, and avoid making buy/sell decisions based on emotions or crowd mentality.
Update information regularly: News always follows prices, so regularly updating information is essential to understand why prices rise or fall.
DCA: Purchase Bitcoin at a fixed amount periodically; if the price drops, you can DCA to optimize and minimize risks when the market fluctuates.
Protect assets: Use reputable exchanges like Binance or Binance's Web3 wallet, enable two-factor authentication (2FA), do not access unfamiliar links.
Conclusion
To invest safely in Bitcoin in 2025, start by choosing a reputable exchange with strong security features and regulatory compliance. Use a secure wallet or keep funds on a trusted exchange like Binance which has a SAFU fund for the best protection.
When investing, follow your risk management plan by only investing money you can afford to lose, diversifying your portfolio, and regularly updating information about the market and security.
Use a reputable cryptocurrency exchange like Binance to invest in Bitcoin – register now
