How to Buy Bitcoin Diamond (BCD) in Australia

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

Step 1 – Signup to Coinmama

You'll first need to buy one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitcoin Diamond (BCD) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

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

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

To find {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}, you'll need to put the cointype (BCD) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “BCD/BTC” to go ahead.

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

As soon as you have spotted {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond}, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of BCD you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of BCD.

If you are satisfied, make a mouse click on “Buy BCD”. Your plan will be filled when a Vendor trades their BCD for the price you introduced.

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

Unless you are frequently trading, never keep your crypto coins on an Crypto Exchange for an longer period of time. To take off 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 stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} by using the provided drop-down box. Put into the quantity of {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are glad, click “Submit”. You may be asked for phone/email verification ahead of a take off.

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

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Bitcoin Diamond (BCD)|(BCD) Bitcoin Diamond} is safe within your wallet, you are done.

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