The code you entered on your first account, is a reservation code, which insures a spot in the beta.
When the beta drawls near, you'll then receive further instructions, with the account and console selection also.
So you don't have to worry about moving the beta code around.
But I do not know how it will work in regards to multiple accounts on one system. You could be able to, if you download it to the system and it's not locked on the account you selected. But we'll have to wait and see from Bungie.
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Sweet, thank you very much.