A Step-by-Step-Guide on how to buy Bitcoin Diamond (BCD)
Step 1 – Signup to CEX.io You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below to register and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Ethereum or Bitcoin has to be sent over to an 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. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Bitcoin Diamond (BCD) Once your deposit has been verified, you will instantly have access to your assets and you can begin purchasing and trading. To invest in Bitcoin Diamond (BCD) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To discover Bitcoin Diamond (BCD), you will need to insert the short name of the asset (BCD) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we have marked this too. Click on “BCD/BTC” to go ahead.
Step 4 – Purchasing Bitcoin Diamond (BCD) As soon as you've located Bitcoin Diamond (BCD), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order. The field with the “Price” tag will be filled with the latest rate Bitcoin Diamond (BCD) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of BCD you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of BCD. If you're happy, make a mouse click on “Buy BCD”. Your plan will be filled when a Seller sells their BCD for the price you introduced.
Step 5 – Withdraw Bitcoin Diamond (BCD) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your Bitcoin Diamond (BCD), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Diamond (BCD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Diamond (BCD) by using the provided drop-down box. Enter the volumen of Bitcoin Diamond (BCD) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be requested for email/phone verification ahead of a take off.