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How to get BCD coins Bitcoin Diamond Buying and Trading Tutoria

Date:2024-04-10 20:48:00 Channel:Trade Read:
In today's digital currency trend, more and more people are beginning to pay attention to and invest in various different cryptocurrencies, among which BCD coins (Bitcoin Diamond) have attracted much attention. So, how exactly do you get BCD coins? What are some tips and tricks for buying and trading BCD coins? This article will take you deep into the world of BCD coins, uncover the mystery of Bitcoin Diamond, and unlock the secrets of your transactions.
**Explore the charm of BCD coins**

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

First, let’s explore the charm of BCD coins. BCD coin is a fork coin based on Bitcoin that uses more advanced blockchain technology with faster transaction speeds and lower transaction fees. This makes the BCD coin attract much attention in the digital currency market and become one of the objects sought after by investors. Compared with traditional Bitcoin, BCD coins have more advantages during the transaction process, attracting more and more digital currency enthusiasts.
**How to get BCD coins**
The most direct way to obtain BCD coins is to purchase them through a digital currency exchange. Choose an exchange with good reputation and large trading volume for trading to ensure safe and stable transactions. In addition, you can also obtain BCD coins through mining, participate in BCD coin mining activities, contribute computing power to the safe operation of the blockchain network, and obtain corresponding rewards. Mining can not only obtain BCD coins, but also deepen your understanding of blockchain technology. It is an interesting and challenging endeavor.
**Tips for Buying BCD Coins**
When purchasing BCD coins, you need to pay attention to market conditions and price fluctuations, and choose the right time to trade. You can avoid risks and ensure the stability of transactions by setting stop-profit and stop-loss. In addition, you can also pay attention to the community dynamics and project progress of BCD coins, keep up to date with the latest information, and make wise investment decisions. When choosing a trading platform, pay attention to the security and user experience of the platform, choose a safe and reliable platform for trading, and ensure the safety of assets.
**Tips for Trading BCD Coins**
When trading BCD coins, you need to pay attention to the liquidity and depth of the transaction, and choose trading pairs with large trading volume and high liquidity to reduce transaction slippage and risks. At the same time, we must pay attention to the impact of market sentiment and news, avoid blindly following the trend and speculating, maintain rational thinking, and make sound trading decisions. Technical analysis and fundamental analysis can be used to guide transactions, formulate reasonable trading strategies, and improve the success rate and profitability of transactions.
**Summary and Outlook**

Speaking of BCD currency, you may be familiar with it. It is also one of the forks of Bitcoin. According to the investigation of the currency circle editor, when the BCD currency was issued, it was exchanged at the ratio of 1BTC:10BCD. There was no The specific issuance price is March 6, 2019, and the total issuance amount is 210 million. According to the latest market data, as of 15:10 on August 9, 2021, the price of BCD currency is US$2.5396, its circulating market value is US$473 million, and it ranks 85th globally. Because of its status as a BTC branch, it is still widely concerned in the market. So, does anyone know how to obtain BCD coins? Let the editor of Bitcoin Circle bring you a tutorial on buying and trading Bitcoin diamonds.

## How to obtain BCD coins?

BCD coins have been put on the shelves. Today, the editor of the currency circle will use the example to introduce how to obtain BCD coins for investors. The detailed steps are as follows:

1\. Open the official website of OKX Exchange, click the [ ] button on the upper right side of the page to enter the registration page, and enter your email address on the homepage.

2\. Slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

3. Then enter your mobile phone number and click "Verify Now"

4. Enter the six-digit verification code received on your mobile phone, which is also valid for 10 minutes.

5. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

6. Create a password that must be 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, and 1 symbol, such as:! @ # $ % and other conditions

7. After registration is completed, click User Center - Identity Authentication to perform identity authentication.

8. Log in to your OKX account, click Transaction - Basic Transaction on the homepage, and enter the transaction page.

9. Search for DCR and select the DCR/USDT trading pair to see real-time market conditions.

10. Fill in the purchase quantity and click to buy DCR. If selling, fill in the selling amount and click to sell DCR. Note: The minimum DCR transaction quantity is 1DCR

## What about BCD coins?

In the past two years, dozens of currencies have been forked from Bitcoin. Especially since the second half of 2017, forked coins have been born almost every few days. I personally believe that forked coins based on Bitcoin are partial expansions of the original chain. Without revolutionary technological innovation, they cannot solve the current situation of Bitcoin. Therefore, there will be little development in the future, and their demise is inevitable. BCD is one such token.

1. Project Introduction:

The full name of BCD is Bitcoin Diamond. It is a forked currency based on Bitcoin. It was completed at block height 495866. Bitcoin Diamond miners use a new
POW consensus algorithm mining. Bitcoin
Diamond aims to solve a series of problems encountered in the development of Bitcoin. It has the characteristics of high transfer speed and low handling fees, laying a good foundation for the better development of digital currency.

2. Technical advantages:

1. Quick transaction confirmation

Bitcoin Diamond expands the block size to 8M, increases the block generation speed by 5 times, and coupled with the lightning network for off-chain transactions, Bitcoin Diamond can support the commercial application of large-scale transactions.

2. Reduce participation costs

Bitcoin prices are high, and Bitcoin Diamond increases the issuance of Bitcoin by 10 times, lowering the threshold for public participation.

3. Team information:

Bitcoin Diamond’s China consultant is the first in China, Yang Linke, the founder of Bitcoin China. The core development team of Bitcoin Diamond remains anonymous so far, codenamed EVEY”.007”.

4. Judging from the token information, BCD once rose to above 100 US dollars when it was first listed, and its market value ranked among the top five tokens. Then it fell all the way, and now it is less than 1 US dollar, and has a tendency to gradually return to zero. In 2017, the tokens will be distributed to Bitcoin holders in the form of 1BTC:10BCD. The remaining 40 million coins will be mined by users and given to the BCD team or distributed as community rewards. Including project start-up and market operating expenses
2%, ecological construction and project development 4.6%.

Overall review:

1. Not to mention the project alone, the project of consultant Yang Linke alone has great risks. Yang Linke initially boasted about the amazing ICoin. He spent a few days setting up a website to deal with fans, but recently it disappeared. BCD, which was launched when forked coins were popular, is now considered the biggest loser. Users who followed it were cut off one after another.

2. After the project was launched, although BCD had relevant cooperation reports in the announcement, it could not change the current situation of its plummeting. I think if there is no major technological progress or the expansion of application scenarios, BCD will still be abandoned by investors.

So in terms of investment, if you are not a radical adventurer, it is recommended to stay away. In addition, the reason why Aircoin is given a 3-point evaluation is because it is given by many exchanges on bcd, so it is not enough to constitute an investment recommendation.

To sum up, this is the editor’s answer to the question of how to obtain BCD coins. I hope this tutorial on buying and trading Bitcoin diamonds can help everyone who wants to buy BCD coins. Regardless of whether you want to invest in BCD coins or some other digital currencies, the editor of the currency circle would like to remind all investors that the risk of investing in the currency circle is very high. Data shows that investors who speculate in currencies for a long time have a loss probability. It can reach about 80%. Don’t think it is sensational. This is the reality. As ordinary people, we must think carefully before every investment. Don’t invest impulsively. It is best to use your own spare money to invest, so that even if you lose money, you will still be safe. It won't cause too serious consequences.

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