How to Buy BitDegree Tokens with Ether: Easiest Way to Buy BDG Tokens

BitDegree tokens are needed to purchase online courses on the BitDegree platform. If you're looking to learn some programming languages, web design, business or other digital skills, you might require some BDG coins. However, you're wondering about how to buy BitDegree tokens? Well, this guide will teach you how to buy BitDegree tokens using ETH.

Follow the steps below to find out how to buy BDG tokens on various exchanges using ETH.

Don't have any Ether to buy BitDegree Tokens with? Learn How to Buy Ethereum With Credit Card and Bank Transfers.

Where Can You Buy BitDegree Tokens (BDG) with Ether (ETH)?

It is important to remember that only a couple of cryptocurrency exchange platform offers the option to buy BDG tokens. A large portion of exchanges allow you to deposit ETH, but you won't be able to buy BDG coins so selecting the right exchange is extremely important. And learning how to buy BitDegree tokens isn't hard at all, it's all about choosing the right exchange platform for you.

Already have some BitDegree Tokens? Learn How to Buy a BitDegree Course!

To help you get your footing in the cryptocurrency markets, I’ll explain below some of the best exchanges to buy BitDegree tokens with Ether!

HitBTC

HitBTC offers a unique feature that allows users to test the service before using it. A built-in demo platform can be used to test out trading before jumping into large volume trades. This is an invaluable tool for new traders who need to learn how to use the platform before trading. HitBTC also offers multi-language support so more often than not it's possible to trade in your native language. HitBTC is one of the biggest exchange platforms. And most people buy BDG coins on the HitBTC exchange platform as of the time of writing this article. Your orders might get filled faster, and you have more control over the price you want to buy your tokens for.

If you're looking to learn how to buy BitDegree tokens using the HitBTC exchange platform, there's a step-by-step guide provided below. However, the fees are quite high. Excellent for people who want to trade quickly and easily without caring much about the fees. Furthermore, HitBTC is a good alternative for casual traders. If you do not need to move your cryptocurrency in and out of your wallet and exchange frequently. HitBTC is also supporting more than 50 different cryptocurrencies so trading between different cryptocurrencies isn't an issue.

pros PROs
You can test the platform before using it
A lot of traders means faster trading
Multi-language support

cons CONs
The Exchange was hacked in 2015
High withdrawal fees
Customer support response times are slow

Pros
  • Super secure
  • Protection against physical damage
  • Supports more than 1500 coins and tokens
Pros
  • Can be managed from mobile device
  • Very secure
  • Supports more than 1,100 cryptocurrencies
Pros
  • Easy to use
  • Free to register and keep crypto coins in
  • Decent fees

IDEX

IDEX is one of the top decentralized exchanges particularly in terms of the number of people that use IDEX and the trading volume. IDEX uses smart-contracts to perform all the trades and only functions as a way to connect 2 people who want to trade. And, IDEX is exclusive to the Ethereum network and only allows trading of ERC-20 tokens. IDEX is an extremely safe choice as it's built to maximize security. All private keys are encrypted and can only be accessed inside the IDEX application. Furthermore, IDEX "forgets" your private key once you sign out so there's an even lower chance of someone gaining access to your private funds by stealing the private keys.

If you're here to learn how to buy BitDegree tokens using IDEX you can find a step-by-step guide below. Keep in mind that, IDEX doesn't allow any other payment methods besides Ethereum. Meaning if you're looking to buy BDG coin using Bitcoin, PayPal or your credit card you won't be able to trade on IDEX.

pros PROs
A large variety of ERC-20 tokens including BitDegree tokens
Very secure and uses smart-contracts
The exchange is decentralized

cons CONs
Largely dependant on how used the Ethereum Network is
No Fiat Trading
Complicated interface for first-time users

How to Buy BitDegree Tokens (BDG) With Ether (ETH)

HitBTC

Step 1: Register a HitBTC account by clicking this link.

Step 2: Make a Deposit by following this guide. You can use MyEtherWallet or other wallets. It will take some time for the ETH to appear in your HitBTC wallet (took 5minutes as the time of writing this)

Step 3: Transfer the ETH from your main account to your trading account.

how to buy bitdegree tokens - Transfer BDG

Step 4: Buy BDG coin on the exchange platform. Click on Exchange. Choose ETH. Type in BDG in the search. Click on the Market. Choose the amount you want to buy. Click Buy Market.

how to buy bitdegree tokens - Market

Step 5: Withdraw the BDG token to MyEtherWallet or other wallets by following this guide. It might take some time for the tokens to reach your wallet.

 

Pros
  • Super secure
  • Protection against physical damage
  • Supports more than 1500 coins and tokens
Pros
  • Can be managed from mobile device
  • Very secure
  • Supports more than 1,100 cryptocurrencies
Pros
  • Easy to use
  • Free to register and keep crypto coins in
  • Decent fees

IDEX

Step 1: Visit the IDEX website by clicking this link.

Step 2: Click New Wallet to create your wallet. Create your wallet using this guide.

Step 3: Deposit ETH into your IDEX wallet by using this guide.

Step 4: Transfer the ETH from your wallet to the IDEX wallet. To find ETH, type Ether into the search bar and look for ETH — ETHER. Click Deposit.

how to buy bitdegree tokens - Deposit ETH

Step 5: Click on Balances > Balance History. You will see a pending transaction.

how to buy bitdegree tokens - IDEX balance history

Once the transaction is complete you’ll get a popup like this.how to buy bitdegree tokens - Deposit finished

Step 6: Once the transaction is complete. Click Exchanges and type “BDG” into the search.

how to buy bitdegree tokens - IDEX exchange

Step 7: Scroll down and in the type select “Market”. Type in the amount of BDG you want to buy and click “Buy”.

how to buy bitdegree tokens - Buy BDG

Step 8: Withdraw and Transfer your BitDegree tokens by following this guide. This might take some time, took around 6 minutes as of writing this.

How to Buy BitDegree Tokens with Ether: Conclusion

Now you can use your tokens to buy BitDegree courses. Purchasing BitDegree Tokens isn't hard and only seems intimidating if you have never tried that before. There are several options to choose from each with their pros and cons.

All of the options will lead you to the same result. However, if you are simply looking for a quick way to buy BDG tokens, then I would suggest HitBTC, with the high trading volume you'll get the best price, the fastest.

By the way, if you already have some BDG tokens, be sure to read what you can do with them.

 

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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!

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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. Coinbase 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.