BitDegree, a leading platform for Web3 learning, has launched a new Mission: Assisted Self-Custody With Uphold Vault.
This free Mission introduces participants to the Uphold Vault, an assisted self-custody solution designed to help cryptocurrency investors manage their funds while minimizing the risk of losing access due to misplaced keys.
The Vault operates using a 2-of-3 system. Users hold two keys—a Vault key and a Backup key—while Uphold retains a third key to assist with recovery or transactions when needed.
Did you know?
Subscribe - We publish new crypto explainer videos every week!
Crypto Mining Explained: How to Earn From Mining Bitcoin? (Animated)
The Mission consists of two parts. The first part covers “An Intro to Uphold Vault”, which includes an introduction to the Vault, and “Join the Community”, an invitation to join the BitDegree Discord server.
The second part includes “Sign up on Uphold”, which helps participants quickly set up their Uphold accounts, and “More About the Vault”, which offers a deeper understanding of how to use the Vault.
The prize pool for this Mission includes 1,300 Bits. Participants can earn 600 Bits each round and a bonus of 100 Bits for fully completing the Mission.
Additionally, those who complete the Mission before February 7 will qualify for the Lucky Draw event, where 10 winners will share the USD Coin
Furthermore, participants can deepen their knowledge about Uphold and earn more Bits by completing the Diversify Your Investment Portfolio With Uphold Mission, which introduces them to the basics of this versatile multi-asset digital platform.
