Bitcoin forks will soon be an everyday thing in the cryptosphere. We have already seen two successful Bitcoin forks that are now thriving well in the market.
Apart from these two, many Bitcoin hard forks are on the way and will be executed in coming months, if not days.
One such fork being the Bitcoin Diamond which has already happened at 495866 block height. This block height simply means if you had a Bitcoin at this block height, you are eligible to have a Bitcoin Diamond in the 1 BTC: 10 BCD ratio.
I am not going to go over the whole fork story because CoinSutra has already covered it for its users. We have also issued detailed instructions about the fork in the link below.
When such forks occur, the main issue is liquidity i.e. who will provide buy/sell facility for these coins and which exchanges will list them first so that investors can benefit from them. Also, there is high probability of scam exchanges preying on a user’s Bitcoin.
That is why I thought it is imperative to list legit exchanges which can be safely used for Bitcoin Diamond.
Note: Bitcoin Diamond’s blockchain is not live yet and hence, there are no actual BCD coins. Actual coins will be given to users when the actual main blockchain goes live which is scheduled for this month-end.
Best Websites To Buy/Sell Bitcoin Diamond
Binance, one of the most popular and fastest-growing exchanges, has also distributed BCD tokens and opened markets for trading BCD.
It was one of the most popular exchanges to do it very quickly.
— binance (@binance_2017) November 24, 2017
For more on Binance, see our detailed guide: “Binance Cryptocurrency: A Unique And Rapidly Growing Crypto Exchange“.
Binance took the screenshot at block 495866 and started trading it for its users immediately after.
Actual deposit/withdrawal of BCD is still not active on Binance, but expect it to be available when the BCD blockchain is stable and ready.
If you wish to trade BCD tokens, the following trading pairs are available on Binance (this can be done only if you had BTC on Binance at the time of the Bitcoin Diamond fork snapshot):
YoBit is a Chinese exchange that has also started trading Bitcoin Diamond. It officially announced support for Bitcoin Diamond on its official Twitter handle.
Bitcoin Diamond balances added
Trade is open: https://t.co/qZLJopDq7s
— Yobit.Net (@YobitExchange) November 24, 2017
Actual deposit/withdrawal of BCD is still not active on YoBit, but expect it to be available when the BCD blockchain is stable and ready.
If you wish to trade BCD tokens, the following trading pairs are available on YoBit (this can be done only if you had BCD on YoBit at the time of the Bitcoin Diamond fork snapshot):
Another exchange that is supporting Bitcoin Diamond is gate.io. It is a lesser known exchange but has decent traffic and supports a lot of coin pairs.
They were also quite swift in providing support for BCD fork which they announced on Twitter as well.
— Gate.io Exchange (@gate_io) November 24, 2017
Actual deposit/withdrawal of BCD is still not active on gate, but will be available once the BCD blockchain is stable and ready.
If you wish to trade BCD tokens, the following trading pairs are available on gate (this can be done only if you had BTC on gate at the time of the Bitcoin Diamond fork snapshot):
More exchanges/wallets supporting Bitcoin Diamond
There are a few more exchanges that are interested in supporting Bitcoin Diamond. But it seems that they have secretly declared their support. I was not able to find substantial official information from them, so I haven’t listed them and have not recommended being used because I am apprehensive about their security measures.
I will be updating this list as soon as I get more concrete official information, so watch this space on CoinSutra.
Further SuggestedRead :
- Oh Yes! Bitcoin Diamond Fork Is Coming [Another BTC Hard Fork]
- Yeah! One More Bitcoin Hard Fork- Super Bitcoin [SBTC]
- The Complete Guide To Claiming Bitcoin Gold On Ledger Nano S
- How To Claim Your Free Bitcoin Gold [BTG] From Any Wallet
If you liked this post, don’t forget to share it on Twitter & Facebook!