We're excited to announce that instructors using the Skilljar course platform are now accepting payments in Bitcoin.
Skilljar enables instructors to deliver online courses directly from their own websites. Instructors using our platform are teaching video-based lifelong learning courses, from yoga to leadership to computer programming. If you are a consumer looking to spend Bitcoin, here are a few ideas on what to learn:
Because our platform enables instructors to deliver online courses, an entirely digital product, we've seen high international demand from both instructors and students.
We've long accepted international payments through standard payment methods (credit, debit, and PayPal). But there are several currency conversion steps involved, often with 2% fees taken out each time. These fees are inefficient, yet difficult to avoid without resorting to international wire transfers or setting up local bank accounts in each country.
Bitcoin, on the other hand, is a virtual currency that moves easily around the world with the click of a button.
Ultimately our decision to enable Bitcoin for online courses was driven by 3 factors:
We're excited that instructors using Skilljar's course platform are now accepting Bitcoin across hundreds of online courses. For more information, check out our press release here.