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How to Buy Bitcoin Diamond (BCD)

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.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bitcoin Diamond (BCD) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Bitcoin Diamond (BCD)

Once your deposit has been affirmed, you will immediately have access to your assets and you can commence buying and trading. To invest in Bitcoin Diamond (BCD) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to discover Bitcoin Diamond (BCD), you will need to insert the cointype (BCD) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we have highlighted this also. Click on “BCD/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin Diamond (BCD)
Step 4 – Acquisition of Bitcoin Diamond (BCD)

Once you have spotted Bitcoin Diamond (BCD), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most recent price Bitcoin Diamond (BCD) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of BCD you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of BCD.

When you are glad, make a mouse click on “Buy BCD”. Your order will be filled when a Seller trades their BCD for the price you submitted.

Step 5 – Withdraw Bitcoin Diamond (BCD)

Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time period. In order to withdraw your Bitcoin Diamond (BCD), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Diamond (BCD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin Diamond (BCD) by using the given drop-down box. Put into the quantity of Bitcoin Diamond (BCD) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Bitcoin Diamond (BCD).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Bitcoin Diamond (BCD) is safe within your wallet, you're finished.

Some other Guides on How to buy different Altcoins

How to Buy BIDR
How to Buy Creditcoin
How to Buy Altcoins
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