Binance vows to donate all cryptocurrency listing fees to charity

Soon after being forced to defend accepting money for new listings, Binance has announced it will donate all the fees paid by cryptocurrency projects to charity. The new initiative will see previously kept funds being diverted to its Blockchain Charity Foundation, which claims to be “decentralizing worldwide poverty alleviation” – whatever that means. “Any project will be able to decide what is their fee (donation) and this fee will be disclosed to the public through Binance’s charity initiative,” reads the announcement. “Binance will not dictate any number, nor will there by any minimum viable donation fee. Binance CEO, Changpeng Zhao…

This story continues at The Next Web

https://ift.tt/2ymcIR0 David Canellis October 08, 2018 at 06:00AM