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How to Accept BitDegree Tokens on Your Website?

BitDegree, our gamified education platform, is spiced with blockchain technologies. What does that mean specifically?

Well, BitDegree wants to create a fun and safe learning experience, which is why we implemented this safe decentralized solution to encourage sponsors safely give scholarships to our students, to issue forgery-free blockchain certificates for our users. Moreover, we have our own token that ties our services and can be used by other companies as well: BitDegree token.

You can use such cryptocurrency exchanges as Coinbase and convert it to ETH

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What is BitDegree Token?

As BitDegree was preparing to rock the education world with blockchain, we started our ICO in December 2017 to gather the needed financial resources for this mission. To make sure that we would be able to scale and implement the project as fast as possible so more people could gain advantages from them, we have decided to use a token sale model. And so BitDegree token was created!

Latest Deal Active Right Now:

BitDegree token represents BitDegree, and you can use it in exchange for BitDegree (and partnering companies) services. In total, there were 660 million BDG tokens in circulation, 51% (336.6 million) of which was offered to the public and sold by the end of the crowd sale. You can see the whole distribution in the image below:

bitdegree token distribution

Note to remember: since BitDegree token is a utility one, it also means that it doesn't follow the same rules as a security one. That means that if you own BitDegree tokens, you do not:

  • Have shareholder rights;
  • Participate in revenue sharing;
  • Receive dividends.

That being said, even if you missed the crowd sale, there are ways to earn BitDegree token today.

How is BitDegree Token Earned?

The main goal of BitDegree is to empower students to learn more. We believe that the best way to incentivize learning is the ability to see your progress and gain recognition for it. That's why when learning courses on BitDegree's platform, you can not only see your stats, compare them to your friends, but also gain experience, levels, and tokens.

The main way of getting tokens is completing your 7-day learning streak and accessing the reward chest in which prizes such as XP points or tokens hide.

bitdegree chest with rewards

Now, when you get tokens, they do not get immediately converted to blockchain token, but you can use them as a discount when buying a new course (token value changes on the market). The magic happens if you collect 50000 BDG tokens.

Once you have 50000 BDG tokens, you can get them sent to your Ethereum wallet. So on the BitDegree platform, you not only learn but also earn (if you learn a lot)!

Using BDG Tokens as a Discount For Other Services

BitDegree tokens can not only be used on the BitDegree platform but on partnering websites too. How does it work? Well, if a person has earned BitDegree tokens on the platform, they can follow a partner link and use these tokens as a discount for the partnering website services.

A good example is BitDegree and Hostinger partnership. Hostinger has agreed with BitDegree to have a certain list of services available with a discount for BitDegree users (for a certain period) if they agree to use BDG tokens:

  • Web or VPS hosting;
  • Daily backup;
  • Domain names, privacy protection, transfer;
  • SSL installation.

How is it useful for Hostinger? Well, BitDegree has an abundance of courses that interest Hostinger's main target audience: starting web developers and website owners. These students start learning about websites, their hosting, and want a place where they can implement what they've learned practically. This is where Hostinger comes in with its services.

Do these partnering companies have a say in courses? Yes! They can even create a specific course that would interest their target audience, attract and educate them with a course and later reward them with a discount through their earned BitDegree tokens.

How Can Other Websites Implement Discounts With BitDegree Tokens?

If you are a company that wants to attract your target audience through BitDegree and allow them to have discounts with BitDegree tokens, there is a solution. You will need to contact us about it and later implement CoinPayments.net solution on your website. You can find the full tutorial of how to do it here.

If you have any questions about the process, you can reach out to us via this email: [email protected].

Time to partner up!

While BitDegree token is mostly used on the BitDegree website, you can be a part of it too. Attract your key audience through courses, teach them the necessary information, and reward them with discounts for your services.

Partner with BitDegree, and let's revolutionize education together!

About Article's Experts & Analysts

By Aaron S.


Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms...
Aaron S., Editor-In-Chief
Having completed a Master’s degree on Economics, Politics & Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US’ Western and Japan’s Collective forms of capitalism, 1945-2020.
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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What is BitDegree token?

BitDegree token represents the company and can be used to exchange services as well as get discounts. The company's ICO started in December 2017 and aimed to collect the needed recourses for the mission. BitDegree tokens can be traded to ETH, just make sure to use a proper cryptocurrency exchange .

How is BitDegree token earned?

Since BitDegree token is created to inspire students to learn, you can earn them by completing your 7-day learning streak and accessing the reward chest. Tokens can be later converted to ETH.

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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