How to buy Bitcoin Diamond (BCD) in the UK

Where to buy Bitcoin Diamond in the UK

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Unfortunately, at this time no major exchanges in the UK offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Best Bitcoin Diamond wallets to store your BCD

You can keep your BCD on the exchange you purchased it on, or move it to a personal wallet:

• Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
• Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your BCD below.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Bitcoin Diamond a good investment?

You’ll need to understand the factors that can potentially influence the price of BCD, as well as the risks involved in buying digital currency, before making a purchase. If you want to buy BCD, make sure you consider the following factors.

• Anonymous team: The team behind Bitcoin Diamond has so far remained anonymous, which is far from unusual for a cryptocurrency project, but which may raise red flags for some prospective buyers. The creators are currently credited as Teams Evey and 007, and the ‘Our Team’ page on the Bitcoin Diamond website is empty.
• Bitcoin competition: There has been quite a large number of Bitcoin forks since its inception in 2009, and this in itself presents issues with accessing a share of the market. Additionally the differences between Bitcoin, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond and all the other similarly named coins can be confusing and even overwhelming for crypto newcomers, which could potentially affect the uptake of BCD.
• Criticism: Bitcoin Diamond has been a controversial coin ever since its release in 2017. For starters, some pundits were convinced the network is simply a scam. Others believed that, while not a scam, the function of the network isn’t very useful and the creators are just trying to make a buck off the prestige of the Bitcoin name.

Today's Bitcoin Diamond price versus ATH

Compare today's price of Bitcoin Diamond ($0.135287 USD) against its all-time-high price of $147.18 USD on 13 January 2018. The closer the bar is to 100%, the closer BCD is to reaching its ATH again.

How to trade, convert or sell Bitcoin Diamond

You can convert or sell your BCD with the same exchange you bought it through:

1. Sign in to the exchange you have BCD on.
2. If you store your Bitcoin Diamond in a digital wallet, compare crypto exchanges to convert or sell it on.
3. Choose Sell or Convert and place a sell order.
4. Choose the amount of BCD you'd like to convert or sell.
5. Confirm the sell price and fees and close your sale of Bitcoin Diamond.
6. Complete your transaction and move your BCD to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.