Bitcoin Diamond (BCD) is one of the crypto tokens you can purchase at certain crypto exchange platforms, such as KuCoin, OKX, HitBTC, Gate.io, and Huobi Global, and you can also earn this crypto token by mining it using the ASIC mining hardware. The price of the Bitcoin Diamond token (BCD) as of May 2022 is around $0.2 USD per 1 BCD. It still has the possibility to increase in price, so it’s quite a profitable investment you can make. However, you might ask, “Why can’t I buy Bitcoin Diamond?”
The problem with Bitcoin Diamond is that not all crypto exchanges list this crypto token on their platforms. So, it’s possible that you can’t buy this token on your preferred crypto exchange platform. Here are the reasons you can’t purchase Bitcoin Diamond (BCD):
Bitcoin Diamond is Not Available on All Crypto Exchange Platforms
Bitcoin Diamond is a cryptocurrency token that is not available on all crypto exchange platforms. So, for instance, if you are using Coinbase as your primary crypto exchange platform, you won’t find Bitcoin Diamond in the list of cryptocurrencies they are trading on their platform. So, this is one reason you can’t buy the Bitcoin Diamond token (BCD) right now. It’s best for you to use the cryptocurrency exchange platforms that list Bitcoin Diamond as one of their crypto tokens.
Some Well-Known Exchange Platforms are Delisting Bitcoin Diamond
Binance is one of the biggest crypto exchange platforms in the world, and this platform has delisted Bitcoin Diamond from their listings, along with other altcoins. So, you might need to find an alternative platform to buy Bitcoin Diamond. There are various reasons a platform might delist crypto tokens they are selling, such as because of the low trading volume, low market cap, poor performance, declining price, and so on. This is something you need to be aware of. Not only BCD, all other cryptocurrencies might not always be available on certain crypto trading platforms, and they might get delisted from time to time.
Bitcoin Diamond is a Small Crypto Token with a Small Market Cap
The problem with Bitcoin Diamond is that while it has its own user base and consistent transactions, BCD itself is a small crypto token with a small market cap. So, it’s not a big token to begin with. With a declining price of Bitcoin Diamond in the past few weeks, some crypto exchange platforms have delisted this crypto token in favor of other high-performing ones. BCD is a small market cap crypto token when compared to other crypto tokens, so it has a high chance of getting delisted and becoming no longer available on certain crypto exchange platforms.
The Crypto Exchange Platforms that Sell BCD Might Not Be Available in Your Country
There are still some crypto exchange platforms that list Bitcoin Diamond (BCD) in their listings, but these platforms might not be available in your country. So, this is another reason that you can’t purchase Bitcoin Diamond right now. Just check the crypto trading platforms in your country and see if these platforms offer Bitcoin Diamond in their listings. You can buy it if it’s available in your country, but if not, you will need to create an account with overseas crypto exchange platforms just to buy Bitcoin Diamond.
Conclusion
These are the reasons you can’t buy the Bitcoin Diamond token right now. Remember, even though you can’t buy BCD right now, you can always mine this crypto token using the ASIC mining hardware. It will allow you to earn Bitcoin Diamond, and you can get it in your crypto wallet and use it afterwards. Good luck!