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 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.
✓ You can test the platform before using it
✓ A lot of traders means faster trading
✓ Multi-language support
✗ The Exchange was hacked in 2015
✗ High withdrawal fees
✗ Customer support response times are slow
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.
✓ A large variety of ERC-20 tokens including BitDegree tokens
✓ Very secure and uses smart-contracts
✓ The exchange is decentralized
✗ 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)
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.
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.
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.
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.
Step 5: Click on Balances > Balance History. You will see a pending transaction.
Once the transaction is complete you’ll get a popup like this.
Step 6: Once the transaction is complete. Click Exchanges and type “BDG” into the search.
Step 7: Scroll down and in the type select “Market”. Type in the amount of BDG you want to buy and click “Buy”.
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.