💲Understanding Currencies Used in BugBase

BugBase employs three types of currencies to streamline and manage bounty rewards, transactions, and display preferences.

Banking Currency

The banking currency is the primary currency used for all monetary transactions with BugBase. It is the currency used for:

• Funding the bounty bin.

• Paying security researchers.

Key Details:

• At the time of bounty assignment, the amount in public currency is converted to the banking currency using the exchange rate applicable at that exact moment.

• Payments to security researchers are completed in the banking currency.

Changing Banking Currency

To change the banking currency, raise a request at [e-mail].

Public Currency

The public currency is the currency displayed to security researchers when bounties are assigned. It serves as the default currency for assigning rewards. All bounties and bonus are assigned in public currency.

Usage:

• Bounties are assigned in public currency and the amount is displayed to the security researcher in public currency.

• This currency ensures clarity for researchers about the rewards they are earning.

Changing Public Currency

To change the public currency for your program, raise a request at [e-mail].

Preferred Currency

The preferred currency is used by program managers and organization members to view bounty and bounty bin related details on the dashboard.

All amounts in the dashboard, including bounties and balances in the bounty bin, are shown in the preferred currency.

Key Details:

• This is a real-time conversion of values from the banking currency to the preferred currency.

• It provides an approximate view of balances and bounties, but it does not represent the exact transaction amount.

Changing Preferred Currency:

To update your preferred currency:

1. Navigate to your Company Dashboard.

2. Go to Settings > Profile.

3. Change the preferred currency from the dropdown menu.