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Bitcoin Diamond

How & Where to Buy Bitcoin Diamond A Step-by-Step Guide to Buying BCD

  1. Sign up at Huobi Global, the #1 rated BCD exchange.
  2. Fund your account with cash or crypto.
  3. Buy Bitcoin DiamondBCD
  1. STEP 1Find the Best BCD Exchange
    • 102
      Ease of use
      Average
      Time to 1st Buy
      2 hrs
      24h Volume
      $1,042,022,137
      Coins
      315

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    • bithumb exchange
      Ease of use
      Difficult
      Time to 1st Buy
      3 hrs
      24h Volume
      $181,059,787
      Coins
      178

      South Korea’s number one crypto exchange, which offers both a Korea-only and a global platform. On the native platform, fees are based on an interesting ticket system, whereas Bithumb Global trading fees are fixed. Plenty of coins to choose from, as well as an education platform that can reward learners for their participation.

    Go to Huobi Global and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Bitcoin Diamond Bitcoin DiamondBCD quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy BCD with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for BCD.

Frequently Asked Questions About Buying & Selling Bitcoin Diamond (BCD)

How do I Buy BCD with Crypto?

If you want to buy BCD with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for Huobi Global and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to Huobi Global.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Bitcoin Diamond (BCD)?

To sell BCD, simply reverse the buying process described above. You will likely need to trade your Bitcoin DiamondBCD into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Bitcoin Diamond Research Center

Bitcoin Diamond Technical Details & Statistics

Tokenomics
  • Market Rank157
  • Market Cap309,698,160
  • Circulating Supply186,492,898
  • Total Supply189,492,898 BCD
  • Max Supply210,000,000
Yesterday's Trading
  • 24 HR Volume7,526,480 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Bitcoin Diamond?

Bitcoin Diamond (BCD), which brands itself as “The Better Bitcoin,” is another independent fork of BTC, which occurred in November of 2017. Unlike most other bitcoin forks, the Bitcoin Diamond fork will amplify the number of BCDs by a factor of ten, meaning there will ultimately be a total of 210 million BCDs created, as opposed to bitcoin’s 21 million. It also differs from bitcoin in that its blocks are 8 MBs in size compared to bitcoin’s 1 MB, and it also uses a different hashing algorithm, known as “Optimized X13.”

History of Bitcoin Diamond

Bitcoin Diamond was founded in Singapore by a small group of anonymous developers. The fork from the original bitcoin (BTC) occurred in block #495866, which was on November 24th, 2017. Its developers cite bitcoin’s high transaction fees, long confirmation times and a “high threshold” – or barrier to entry – as reasons why bitcoin needed to be forked in the matter in which it was for BCD. Only a day after hitting the markets (November 25th), Bitcoin Diamond saw an unprecidented $50 million dollars in average daily trading volume, however this demand has since settled down considerable. Regardless, it remains a “top 30” coin by total market capitalization as of April, 2018.

How Bitcoin Diamond Works

Bitcoin Diamond works just like bitcoin, in that it is a cryptographically secured digital currency, but offers some slight variations that render it different from BTC or any of its preceding forks (such as BCH and BTG). Because Bitcoin Diamond has a block size 8-fold bigger than that of bitcoin, its network has the potential to sustain over 3 million more transactions per day than that of bitcoin, meaning it is highly scalable and capable of sustaining an increased network demand.

As there were approximately 16.7 million bitcoins in existence at the time of the Bitcoin Diamond fork, this means that there were 167 million BCDs created on this date, which can be claimed by those who held bitcoins on this date and have access to the private keys of these accounts.. For more information on how to claim BCDs, please visit the Bitcoin Diamond homepage.

Another big difference between Bitcoin Diamond and the original bitcoin is the fact that BCD employs the use of a GPU-driven hashing algorithm (known as “Optimized X13”) as opposed to bitcoin’s SHA-256 algorithm. This means that ASIC mining equipment cannot be used to mine new BCDs (rendering them ASIC-resistant), and graphics cards are the main mining equipment used in securing new Bitcoin Diamond blocks.

Why Bitcoin Diamond?

  • Like bitcoin, uses its own version of the Lighting Network to speed up transactions by performing grouped, off-chain transactions. BTCD payment channels which employ the Lightning Network allow for a massive network of transactions, allowing it be highly scalable with increasing demand.
  • Bitcoin Diamond transaction fees are lower than the original bitcoin by design.
  • A ten-fold increase in the total supply of Bitcoin Diamonds to be generated makes them cheaper and more readily supplied than bitcoin, meaning that they are easier and less costly to move around.