A Step-by-Step-Guide on how to buy Bitcoin Diamond (BCD)
Step 1 – Join Kraken You'll first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin Diamond (BCD) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Bitcoin Diamond (BCD) As soon as your deposit has been affirmed, you will instantly have access to your finances and you can begin purchasing and trading. To invest in Bitcoin Diamond (BCD) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot Bitcoin Diamond (BCD), you'll need to put the short name of the asset (BCD) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “BCD/BTC” to progress.
Step 4 – Buy Bitcoin Diamond (BCD) As soon as you have discovered Bitcoin Diamond (BCD), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation Bitcoin Diamond (BCD) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BCD you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of BCD. When you are satisfied, click on “Buy BCD”. Your order will be filled as soon as a Vendor sells their BCD for the price you gave.
Step 5 – Withdraw Bitcoin Diamond (BCD) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. In order to withdraw your Bitcoin Diamond (BCD), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Diamond (BCD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Diamond (BCD) by using the provided drop-down box. Put into the quantity of Bitcoin Diamond (BCD) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.