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 Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin Diamond (BCD) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find Bitcoin Diamond (BCD) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can begin invest and trading. To purchase Bitcoin Diamond (BCD) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To discover Bitcoin Diamond (BCD), you'll need to insert the shortname of the coin (BCD) into the search-box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this also. Click on “BCD/BTC” to proceed.
Step 4 – Buy Bitcoin Diamond (BCD) As soon as you've found Bitcoin Diamond (BCD), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order. The ”Price” field will be filled with the most latest rate Bitcoin Diamond (BCD) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of BCD you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of BCD. When you're glad, click on “Buy BCD”. Your order will be filled as soon as a Vender trades their BCD for the price you gave.
Step 5 – Withdraw Bitcoin Diamond (BCD) Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Bitcoin Diamond (BCD), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Diamond (BCD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Diamond (BCD) by using the given drop-down box. Drop in the volumen of Bitcoin Diamond (BCD) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.
Congrats! You've successfully purchased and safed Bitcoin Diamond (BCD).That's it! Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (BCD) Bitcoin Diamond is stored within your wallet, you are done.
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