Huobi Charity Steps Up to Support Indonesians Amid Covid-19 Pandemic through Huobi Tokens

News / 03.04.2020

Recently, the Huobi Group announced its plan to distribute aid in support of Indonesia as it fights against the Covid-19 pandemic. Reports say that Huobi partnered with the Indonesia-China Association of Economic, Social, and Cultural Cooperation (ICAESCC) to offer aid to Indonesia during the pandemic.

Additionally, they will be making monetary contributions, donate vital medical supplies, and also use blockchain to aid Indonesia in healthcare delivery. Huobi Charity will contribute about $50 000 worth of Huobi tokens (HT) to ICAESCC to procure medical supplies for hospitals in the region.

How the Huobi Donation Process will take Place

Huobi developed an online portal for both fiat and crypto donations to ICAESCC. The trading platform will work with ICAESCC to provide administrative services and to promote the crypto exchange

ICAESCC and Huobi will also cooperate in distributing the essential medical supplies in Indonesia. Currently, the established portal is available in 3 languages, namely, English, Indonesian and Chinese.

Binance and SDF Also Launch Campaign to Fight Covid-19

Binance and Stellar Development Foundation (SDF) also supported the community’s fight against Covid-19. Binance recently launched a global campaign to fight the Covid-19 pandemic after investing in Binance for the Wuhan project in February 2020. 

On the 2nd of April 2020, the SDF donated 2.5 million XLM to support specific charity groups to fight the pandemic.

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Born in Bucharest, Marius is the founder of Crypto Adventure. Since his first contact with Bitcoin and cryptocurrencies, he never stopped believing that they are one of the most important innovations of our time, which will forever change the way business is done.