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Key Takeaways

  • Bits are in-game points that you earn by completing Missions or inviting friends;
  • Gathering Bits increases your Degree on the platform and boosts your chances of winning valuable prizes like crypto tokens, NFTs, and more;
  • Bits are central to BitDegree’s gamified learning model, which is designed to better engage and motivate users to learn more about Web3.
Bits Explained: What Is a BitDegree Token?

BitDegree Bits are more than just in-game points; they are a pathway to greater learning, engagement, and prizes on the platform. 

Here we’ll dive into everything you need to know about BitDegree tokens, including what they really are, how you can earn them, and the rewards they bring.

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What Is a BitDegree Token?

In the digital learning world, BitDegree has carved out a niche by gamifying the learning process and rewarding users with tokens and prizes for completing learning-based tasks. Central to this process is the BitDegree in-game points called Bits. 

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Bits accumulate to increase your Degree, boosting your chances of winning prizes like crypto tokens, stablecoins, sign-up discounts, and other bonuses. 

The more Bits you earn, the higher your Degree will be. The higher your Degree, the more chances you have to be selected as a winner of any Lucky Draw you are entered into.

Why Does BitDegree Have a Token?

In case you haven’t heard, BitDegree is an e-learning platform with the goal to make gaining new skills fun and rewarding.

And by introducing Bits, the platform merges traditional learning with the gamified, reward-based structures typically found in gaming. This tokenized system of learning rewards is unique in its combination of gamification and incentivization. 

What does all of this mean? Put simply, BitDegree combines gamified learning with real rewards.

The platform uses game-like elements to increase engagement. Missions often involve fun tasks such as quizzes, social sharing, or challenges that directly relate to learning objectives. Then the platform encourages retention with incentives or the rewards you win after completing Missions and earning Bits.

What is a BitDegree token: Homepage.

Ok, so why Bits though? We’re getting there. 

You complete interactive microtasks, known as Missions, to gain Web3 skills while earning a chance to win crypto tokens, NFTs, and other prizes provided by big names in the industry. Missions have accompanying learning material on relevant topics and may include quizzes, social actions, and other tasks. 

By engaging with Missions, users gain not only knowledge but also Bits that come with a chance to win crypto-based rewards, creating an ecosystem that’s as educational as it is exciting.

In a nutshell? The platform uses Bits—in-game points—as the main type of reward, which boosts your chances of winning the prizes mentioned above.

How To Get BitDegree Tokens

There are multiple ways to Bits on the BitDegree platform. The process is straightforward and incentivizes continuous participation.

Here’s how to start collecting Bits:

Complete Missions

Missions are the backbone of BitDegree's reward system. How Missions work is simple...

Find a Mission that interests you (or filter for the one offering the most Bits). Each Mission page displays the specific amount of Bits you can earn for finishing it. The number of Bits awarded varies depending on the complexity and types of tasks.

What is a BitDegree token: All Missions.

Start the Mission. It will consist of microtasks designed to teach you more on the topic it covers. These tasks might involve watching short lessons, answering quiz questions, sharing content, or performing other interactive activities.

Completing the Mission rewards you with Bits.

The Bits you earn will be stored in your Wallet and your Degree will rise accordingly. Rinse and repeat!

Invite Friends

BitDegree actively encourages users to invite friends to join the platform. Inviting friends is the quickest way to earn Bits and boost your Degree.

What is a BitDegree token: Refer friends.

The best part? When friends sign up through your invite, you and they both earn Bits.

Here's how referrals work:

  1. If you refer a friend who stays active, you and your friend both get 400 Bits.
  2. After your referred friend completes their first Mission, your referral reward is tripled.
  3. You continue to get 200 Bits for each friend your referred friend invites.
  4. You will also have a chance to receive even more Bits, based on the referral bonus tier you reach in any given month.

Simply spam your friends with your referral link and everyone wins!

Earn Bonuses by Engaging Consistently

The more you engage with the platform, the more Bits you’ll accumulate, and the faster your Degree level will increase. 

Another way to earn more Bits is by keeping your Streak alive. Your Streak grows by completing a round on BitDegree Missions each consecutive day. The longer your Streak, the better the rewards.

BitDegree may also offer occasional bonuses or special events where users can earn additional Bits by completing extra Missions or sharing content with their network.

Special Bonus: Get 500 Bits for downloading the BitDegree App! Limited time only. 

What Can You Do with BitDegree Tokens?

While Bits are in-game points, they have the potential to unlock real-world rewards. The more Missions you complete, the more Bits you’ll earn, and the higher your chances of winning real, tangible prizes will be.

What is a BitDegree token: Degree.

Here’s how they’re used on the BitDegree platform:

Increase Your Degree Level

Bits contribute directly to your Degree level, which represents your standing on the platform.

Higher Degree levels unlock more prize opportunities, giving learners more reasons to engage consistently.

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Boost Your Chances of Winning Prizes

Bits increase your chances of winning a Lucky Draw which can net you crypto rewards, NFTs, stablecoins, and other prizes provided by industry-leading companies.

As you progress through Missions and build your Bits balance, your eligibility for prize pools expands, increasing the likelihood that you’ll secure valuable rewards.

Can You Purchase BitDegree Tokens?

As of now, Bits cannot be purchased.

They can only be earned through participation in Missions and engagement with the platform. This rewards-based model ensures that only active and engaged users benefit from Bits and their associated rewards. 

That said, you don’t need to buy Bits. You can earn Bits easily enough by completing Missions on the BitDegree platform. As you collect Bits, you increase your chances of winning rewards like crypto tokens, NFTs, and more. 

While there may someday be future options to use Bits as internal currency or convert Bits into other tokens, for now, you can only earn them through participation. 

Sign up to the BitDegree newsletter and keep an eye on future updates for any changes.

What’s the Purpose of Bits? Understanding Gamification in Education

Game developers have long understood how to use rewards, achievements, and challenges to keep users engaged. BitDegree adopts this approach by making learning more rewarding and interactive.

What is a BitDegree token: Gamification Badges.

Through the use of these gamification elements, BitDegree provides an alternative to other learning platforms by fostering an environment where users gain real-world knowledge alongside digital assets, bringing together education and blockchain in a unique, motivating way.

Bits were created to make learning interactive and enjoyable.

The chance to earn Bits and progress through Degrees transforms learning from a passive experience into an interactive one. Engagement and motivation increase as users progress through missions and earn rewards. This creates a sense of achievement and encourages users to continue learning.

What's Next For BitDegree Tokens?

BitDegree’s Bits system is reshaping how people approach online education by adding value to learning through rewards and blockchain technology.

As the platform grows, it’s possible that Bits will become convertible into other tokens or even fiat currency, adding further incentive for learners to complete Missions and earn their way through Degrees. 

In the meantime, participating in Missions and inviting friends to join remains the best way to earn Bits and unlock the platform’s full potential.

Whether you're interested in Web3 skills, looking for a unique learning platform, or simply intrigued by earning crypto-based rewards, BitDegree offers a compelling way to combine education with blockchain technology.

The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.

About Article's Experts & Analysts

By Aaron S.

Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. W...
Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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FAQ

Can I exchange Bits for crypto or real currency?

No. Currently, Bits cannot be exchanged for cryptocurrency or fiat currency. 

Bits are earned exclusively through platform participation, such as completing Missions or inviting friends, and they are used to increase your Degree level, which boosts your chances of winning crypto tokens, NFTs, and other prizes.

How do Bits differ from traditional tokens or cryptocurrency?

Bits are unique to the BitDegree platform and are primarily in-game points used to reward engagement and learning. Unlike cryptocurrencies, Bits have no tradeable value and are not purchased or sold on exchanges. 

Instead, they serve as a way to advance within the platform, increasing users' Degree level and their eligibility for rewards like crypto tokens, NFTs, and more.

How to pick the best crypto exchange for yourself?

Picking out the best crypto exchange for yourself, you should always focus on maintaining a balance between the essential features that all top crypto exchanges should have, and those that are important to you, personally. For example, all of the best exchanges should possess top-tier security features, but if you're looking to trade only the main cryptocurrencies, you probably don't really care too much about the variety of coins available on the exchange. It's all a case-by-case scenario!

Which cryptocurrency exchange is best for beginners?

Reading through various best crypto exchange reviews online, you're bound to notice that one of the things that most of these exchanges have in common is that they are very simple to use. While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. That said, many users believe that KuCoin is one of the simpler exchanges on the current market.

What is the difference between a crypto exchange and a brokerage?

In layman's terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman - it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no "other person" - you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term - exchange. This is done for the sake of simplicity.

Are all the top cryptocurrency exchanges based in the United States?

No, definitely not! While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. For example, Binance is based in Tokyo, Japan, while Bittrex is located in Liechtenstein. While there are many reasons for why an exchange would prefer to be based in one location over another, most of them boil down to business intricacies, and usually have no effect on the user of the platform.

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