Binance, a popular cryptocurrency exchange with a speedy growth, has recently welcomed Bitcoin Diamond [BCD] for withdrawal and deposits. Based in China, this digital exchange platform holds a significant position in the entire crypto space. Binance
on the popular social media site, Twitter has posted today, on 5th September about its announcement of withdrawal and deposit of Bitcoin Diamond [BCD] from 10 am [UTC] onward.
Bitcoin Diamond [BCD] is available online at the BTCD.io. The fundamental motive behind the emergence of this crypto coin is enhancing the limit of block size of bitcoin to 8MB. In the recent times, it is one of those developments of Bitcoin [BTC] that has generated competition in the market. Bitcoin Diamond has envisioned to upgrade the top most cryptocurrency in the market, Bitcoin in multiple ways.
Currently, Bitcoin Diamond [BCD] has a supply in the crypto market space of 210 million. As per the price, one Bitcoin [BTC] is equivalent to ten Bitcoin Diamond [BCD]. The supply of the latter in the market space is ten times more than that of the former. It is, indeed, noticeable that the latter finds more similarity with Bitcoin Cash [BCH] than the most talked about cryptocurrency.
Features of Bitcoin Diamond [BCD]
Some of the prominent characteristics of Bitcoin Diamond include its distribution in claiming and mining, its block time which takes 10 minutes. The mining algorithm is SHA256 with 4.8 million maximum transactions each day. It does allow Relay protection and SegWit.
The entry of Bitcoin Diamond [BCD] has positively affected the price in the crypto market. Currently, occupying the 23rd position in the coinmarketcap list of cryptocurrencies, Bitcoin Diamond [BCD] has seen a massive upsurge of 146.51%. The valuation of this digital token is $3.25 with a trading volume is marked at $115.34 million.