How to Buy Bitcoin Diamond (BCD) in Armenia

A Step-by-Step-Guide on how to buy Bitcoin Diamond (BCD) in Armenia

Step 1 – Join Coinmama

You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin has 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 example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}

As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate invest and trading. To buy {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To discover {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}, you will need to insert the short name of the asset (BCD) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “BCD/BTC” to advance.

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

After you've spotted {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order.

The ”Price” field will be filled with the most latest tariff {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of BCD you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of BCD.

If you are happy, make a mouse click on “Buy BCD”. Your plan will be filled as soon as a Vender sells their BCD for the price you submitted.

Step 5 – Withdraw {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}

Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}, go to the tab called “Funds” and click on “Withdraw”. {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} by using the given drop-down box. Drop in the quantity of {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, click on “Submit”. You may be asked for verfication via phone/email before a withdrawal.

Kudos! You have successfully bought and stored Bitcoin Diamond (BCD) in Armenia.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} is safe in your wallet, you are done.

And some more interesting Altcoins:

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