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How to Buy BitDegree (BDG) Crypto Right Now • Benzinga – Benzinga

Small market capitalization coins are often seen as extremely high risk investments. These cryptocurrencies, often not listed on major exchanges, can be very volatile – even for crypto. It’s not uncommon for these cryptocurrency tokens to appreciate 10 or 20 times its value in a cryptocurrency bull market, especially if large crypto exchanges begin listing the token for the masses to invest in.

BitDegree is one of these small market capitalization tokens, and it’s built on the Ethereum blockchain. The token came about as an initial coin offering (ICO) back in 2018, and it’s picking up traction in light of the crypto bull market.

What is BitDegree?

BitDegree is an Ethereum based token that aims to solve the disconnect between what is taught at university and what skills an employer wants their employees to have. The platform has courses that employers request, and anyone can learn these skills to earn BDG tokens as well as a certificate certifying their competence in certain skill sets. 

The education platform has several cryptocurrency courses which are currently lacking in traditional secondary education. The platform doesn’t just focus on cryptocurrency courses though; it offers courses on machine learning, marketing, app development and game design. 

Brief History of BitDegree

Danielius Stasiulis founded BitDegree in 2017 and launched the company’s ICO just 6 months later in January 2018. The initial exchange rate for BDG tokens were 10,000 tokens per 1 Ethereum token, equating to about 13 cents per BDG token at the time of the ICO. The token quickly appreciated to over 50 cents before crashing with the rest of the crypto market in 2018. 

Unfortunately, BDG token has shown poor returns for its early investors. BitDegree is currently trading at just under 7/10ths of a cent, just a fraction of the initial coin offering price. However, investors who’ve recently bought BDG tokens have seen a healthy ROI –– the token has appreciated over 300% in the past month alone. This recent spike in price has generated new interest in BDG token, making investors reconsider BitDegree’s potential.

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Step 1: Open an online account.

Since BitDegree is a relatively unknown cryptocurrency token, U.S. based crypto exchanges don’t support trading for the asset. Your best option to buy BitDegree is to use a decentralized exchange like Uniswap to trade Ethereum tokens for Bitdegree.

If you don’t already have an account with a cryptocurrency trading platform, you’ll need to make one to purchase Ethereum. Coinbase, eToro and Gemini are popular exchanges that you can make an account with in a matter of minutes. Once your account is made, you’ll need to verify your identity with your driver’s license, date of birth and Social Security number.

You can then send your Ethereum tokens to an Ethereum software wallet like Coinbase Wallet to interact with Uniswap. Uniswap is a protocol on Ethereum’s blockchain that lets you exchange any Ethereum-based tokens directly from your crypto wallet.

Step 2: Buy a wallet (optional). 

Cryptocurrency wallets are typically optional to use. For BitDegree, however, you’ll need to use an Ethereum software wallet to invest in BDG on a decentralized exchange. To do so, you’ll need to use a software wallet like Coinbase Wallet or Metamask that can connect to decentralized exchanges.