Connect with us

Bitcoin Cash

Bitcoin Cash [BCH] donations accepted by Wikipedia through BitPay

Avatar

Published

on

Bitcoin Cash [BCH] donations accepted by Wikipedia through BitPay
Source: Pixabay


Bitcoin Cash [BCH] has been ramping up on the adoption side, despite the bearish market condition, with yet another significant addition. The cryptocurrency can now be donated to The Wikimedia Foundation, the non-profit behind Wikipedia through Atlanta-based BitPay.

According to a press release published by the Blockchain payment provider, BitPay, the non-profit already accept Bitcoin donations and has now expanded to include Bitcoin Cash, the sixth-largest cryptocurrency as well.

The press release read:

“All of the Wikimedia Foundation’s work is driven by its vision to create a world in which everyone can freely share in the sum of all knowledge. Accepting payments globally is difficult due to the fractured payments ecosystem and a multitude of payment options.”

The blockchain payment provider works with a plethora of non-profits to allow them to tap into the virtual currency space and increase their donation pool. BitPay has processed “multi-million dollar donations,” adding that the donations have increased over the past few years, peaking during the end of the year due to tax benefits.

Pats Pena, the Director of Payments and Operations at the Wikimedia Foundation said:

“Our donors have shown an increased interest for different cryptocurrencies, so accepting Bitcoin Cash was a natural next step. We accept donations globally, and we strive to provide a large variety of donation options. It’s very important that we can get international donations processed in ways that are efficient and cost-effective.”

Sonny Singh, the Chief Commercial Officer at BitPay said:

“Bitcoin and Bitcoin Cash are one of the cheapest payment options available so more money goes to charity rather than paying fees. Wikimedia does so much good around the world that it is a privilege to help them raise money.”

The adoption news was welcomed by the BCH community with Jonathan Silverblood, a BCH proponent and developer tweeting:

“I have benefited immensively from @Wikipedia and the the software that @Wikimedia produce. Even though I don’t have much money at the moment, I’ve given $5 to them with #BitcoinCash #BCH now that they support that as a payment option.”

Bitcoin Cash made yet another stride in the adoption space, with the Bitcoin.com CEO, Roger Ver confirming that BCH will partner with Alliance Cargo Direct, which is a part of Japan’s ANA Group, the largest airline in the island country. Although Ver did not reveal any details regarding the partnership citing “insider trading laws,” he did confirm that the deal has been finalized.

Despite the adoption increase, market sentiments are not too favorable for the coin as it has been overtaken by Tether [USDT] and EOS [EOS] due to the recent market meltdown that slashed over $8 billion from the overall market cap, dipped the BCH market cap under $2 billion and saw the coin’s price break support.





Subscribe to AMBCrypto’s Newsletter


Partner

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement