Today, Bybit has officially launched its native donation integration with The Giving Block, bringing more than 700 impactful, pro-crypto charities directly to traders and investors looking to make a difference. This is the first time an exchange has built its own donation platform to support hundreds of charities around the world. The Giving Block is excited to introduce its wide network of nonprofits directly to Bybit users, who now can navigate within the exchange to donate to their favorite causes and receive an automatic email receipt and confirmation of their contribution.
Bybit’s commitment to innovation means that its users now have a much more seamless donation experience by allowing crypto users to donate crypto, rather than forcing them to sell for fiat. The Giving Block’s API offers Bybit users a simplified user experience that allows traders to offset crypto gains while simultaneously supporting the philanthropic causes that move them. As the leader in crypto philanthropy, The Giving Block is uniquely positioned with a network of vetted nonprofits both global and local to ensure no cause remains unrecognized.
“The Giving Block is excited to be partnering with Bybit because their team shares our mission of making philanthropy a native part of the crypto experience. It is a heartening reminder that industry participants are driven to affect positive change, and we are thankful that Bybit has decided to lead by example with this integration.”
– Alex Wilson, Co-Founder, The Giving Block
This integration comes at a timely inflection point for crypto philanthropy: Crypto adoption by nonprofits is surging and crypto donations are on pace to surpass $1 billion in 2022. Bybit’s commitment to crypto native philanthropy will bolster the industry’s image and pioneers a roadmap for success as the first exchange to launch a native donation platform that supports hundreds of causes around the world.
“As an industry leader and a staunch advocate of crypto’s role in creating a level playing field, Bybit is honored to partner with The Giving Block to ensure a seamless experience for Bybit users, nonprofits and charities. We envision this to be a positive catalyst that ignites a movement within the crypto community, making benefitting the wider society and being a force of good a part of crypto’s core identity.”
– Igneus Terranus, Head of Communications, Bybit
How to make a cryptocurrency donation on Bybit:
- Visit Bybit’s donation platform
- Select a cause that resonates with you
- Select the cryptocurrency and amount you’d like to donate
- Copy/paste the displayed wallet address in your wallet
- Click “Send” and you’ll receive an emailed tax receipt as soon as the transaction is confirmed
You can find the donation platform live now on Bybit!
About Bybit
Established in March 2018, Bybit is one of the fastest growing cryptocurrency exchanges, with more than 3 million registered users. Built on customer-centric values, we endeavor to provide a professional, smart, intuitive and innovative online trading, mining and staking experience for retail and institutional clients around the world. The company is committed to creating a fair, transparent and efficient exchange environment, and offers 24/7 multilingual customer support to provide assistance in a timely manner. Bybit strives to be the most reliable exchange for the emerging digital asset class.
