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Code Ninja now accept Bitcoin for Coding Programs

Code Ninja is the first coding bootcamp to accept bitcoin / cryptocurrency. Now you can pay for your coding programs with digital cryptocurrency – starting today, we’re accepting bitcoin at Code Ninja.

We’re piloting bitcoin, the world’s most widely used digital currency, as a purchase option at Code Ninja for inspired coders around the world. We’re excited to bring you the choice and flexibility this payment option offers and have partnered with bitpay, a trusted and secure third party payment processor, to make this possible.

I’m excited to share in the coming days we’ll be offering a special promotion wherein future ninja’s can save $1,000 off our IMMERSION PROGRAM when paying with bitcoin. Stay tuned to www.Code-Ninja.co/bitcoin for more information on this exciting opportunity.

When you are ready to start your journey to learning to #CodeLikeaNinja, simply complete the registration form and check the box “I am Paying with bitcoin”.

So just what is Bitcoin?

Bitcoin is a distributed peer-to-peer network offering a payment system based on a completely digital currency. Bitcoin payments can be made easily from anywhere in the world, and offer reduced payment processing costs. Bitcoins can be transferred instantly and securely between any two people in the world.

We have teamed with bitpay to handle the processing of transactions on the bitcoin network. BitPay was founded in 2011, while Bitcoin was still in its infancy. They saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale. Many other companies such as Overstock, DELL and Expedia are already accepting bitcoin.

How does it work?

Once you have an account set up, Code Ninja will send you an email from our bitpay account to complete the transaction. For more information use the contact us button to speak with our bitcoin cryptocurrency team.

Programs Available to purchase with bitcoin / cryptocurrency:

RAMP - $999

IMMERSION - $15,500

Transaction Fees and Exchange Rates

Do to the volatility of bitcoin and cryptocurrency, Code Ninja uses a 15 day low rate for each transaction at the time of enrollment. Additionally, a 10% conversion fee is included in the transaction.

Code Ninja reviews many bitcoin exchanges around the world, but we only utilize exchanges which meet our operational and regulatory requirements. When calculating our exchange rates for Code Ninja invoices, we only incorporate rates of bitcoin exchanges which meet our regulatory, operational, and market depth requirements.

To calculate the exchange rate for US Dollars, we typically pull the market depth from an exchange with adequate liquidity and reliable withdrawal capabilities in the USA and Eurozone for a trailing 15 days. We factor "slippage" into our exchange rates, which means that the larger the value of the invoice, the lower the exchange rate. Slippage is usually only noticeable on very large invoices.

We set exchange rates for USD and non-USD currencies indirectly using the Digital Exchange Rate. In the future, as Bitcoin markets in non-USD currencies mature, Code Ninja will use those markets directly.

Wasn’t There Security warnings about Bitcoin malware?

Researchers did observe an increase in bitcoin mining botnets. However, bitcoin adopters can take precautions to ensure security. We’ve enlisted bitpay, one of the most secure, reputable and widely used bitcoin platforms in North America to help with this. Information on their security protection can be found here.

About Code Ninja

Code Ninja provides accelerated JavaScript learning programs, that help inspiring coders become awesome!

We offer a variety of programs to help individuals at every skill level excel in a career of software development. Start on your path to being able to #CODELIKEANINJA

Blog Posts

From time to time we will post industry news, updates or stories from our students. You can also read the latest blog post on our Facebook page.

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