How to Buy Bitcoin Diamond (BCD)

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).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitcoin Diamond (BCD) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Find Bitcoin Diamond (BCD)

As soon as your deposit has been approved, you'll directly have access to your finances and you can initiate purchasing and trading. To invest in Bitcoin Diamond (BCD) on Binance, you'll 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 cointype (BCD) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “BCD/BTC” to progress.

Binance Hot To Buy Bitcoin Diamond (BCD)
Binance How to Buy (BCD) Bitcoin Diamond
Step 4 – Purchase Bitcoin Diamond (BCD)

Once you have discovered Bitcoin Diamond (BCD), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Bitcoin Diamond (BCD) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of BCD you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of BCD.

When you are happy, click on “Buy BCD”. Your plan will be filled when a Vendor trades their BCD for the price you gave.

Step 5 – Withdraw Bitcoin Diamond (BCD)

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer period of time. 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)

Find Bitcoin Diamond (BCD) by using the provided drop-down box. Put into the volumen of Bitcoin Diamond (BCD) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored Bitcoin Diamond (BCD).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal using Etherscan.io or Ethplorer.io and the (BCD) Bitcoin Diamond is stored within your wallet, you are all done.

Some other Guides on How to buy Coins

How to Buy Globatalent
How to Buy Dash
How to Buy Coins
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