Bitvavo makes Open Campus as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.
What is EDU?
The goal of the Open Campus Protocol is to revolutionize the education landscape by decentralizing the creation and distribution of educational content. The web3 education protocol seeks to leverage blockchain technology to establish a fairer educational system, allowing teachers and content creators to monetize their contributions.
EDU is the native utility token of the Open Campus Protocol. It facilitates collaboration but also serves as an incentive for content creation, driving the protocol's growth.
The current applications of the token encompass various aspects. These include rewarding content creators for their share of revenue, converting educational content into NFTs, enabling payments for accessing Open Campus partner educational platforms, and conferring voting rights within the framework of EDU governance.
How to buy Open Campus?
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store Open Campus. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
How to store Open Campus?
Storing Open Campus and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store Open Campus without any technical knowledge. Here is a brief overview of the existing wallet options to store your Open Campus:
Hosted wallets are wallets where the private keys to your Open Campus are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your Open Campus online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your Open Campus. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your Open Campus, and if malicious parties have access to your device, your private keys (and therefore your Open Campus) can be stolen.
A hardware wallet is a physical device on which you can store your Open Campus offline. It is one of the safest ways to store your Open Campus, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your Open Campus is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive Open Campus. Once you have purchased Open Campus on Bitvavo, you can choose to send your Open Campus from your Bitvavo wallet to your own software or hardware wallet.
Direct Euro Transfers
Buying digital assets with Euros has never been easier. Bitvavo supports 8 payment methods, including SEPA for instant transfers.