In partnership with The Giving Block, Bybit is adding a donation functionality within the exchange, making it easy for users to support their favorite charity with a crypto donation.
With The Giving Block API integration, users on Bybit will be able to donate different cryptocurrencies to more than 400 nonprofits of all sizes around the world.
As a leading crypto exchange, Bybit continues to innovate and offer new and unique features for their users that help them distinguish themselves in the market. With this integration, Bybit has become the first cryptocurrency exchange to offer their users a native way to donate crypto within the exchange while also offering their users a way to offset some of their trading gains. All donors of the platform will receive automatic email receipts with a record of their donations.
“We’re excited that Bybit shares our mission of making crypto donations easier and more top of mind. Bybit is leading by example by becoming the first exchange to create a native donation experience on their platform. We hope this becomes the norm for all major cryptocurrency exchanges, wallets and other high traffic crypto products.” — Alex Wilson, Co-Founder, The Giving Block
The nonprofit industry is becoming a leader in crypto adoption, donations to pro-crypto charities being the primary driver. As crypto continues to become more and more mainstream, it’s important that the community continues to give back and embrace this new form of charitable giving. Crypto donations are helping to lead the way with institutional adoption as it opens up a new use case for cryptocurrency investors and traders.
“Thanks to The Giving Block’s relentless efforts, crypto donation has never been easier. We are pleased and proud to work with them and be the first cryptocurrency exchange to empower our users to decide, without leaving the Bybit platform, where their donations go. We hope our actions inspire more of those in the crypto space in giving back to the wider society." — Ben Zhou, Co-Founder & CEO, Bybit
Bybit is a cryptocurrency exchange established in March 2018 to offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multi-lingual community support. The company provides innovative online trading services and cloud mining products, as well as API support, to retail and professional clients around the world, and strives to be the most dependable exchange for the emerging digital asset class.
For more information visit: https://www.bybit.com/