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Exchange Bitso Taking Bitcoin Donations to Help Mexico Quake Victims

Exchange Bitso Taking Bitcoin Donations to Help Mexico Quake Victims 2655 Views

September 20, 2017 by Jon Southurst Leave a Comment

Mexico-based bitcoin exchange Bitso is calling for donations to help those affected by yesterday’s earthquake. The huge 7.1 magnitude quake struck the center of the country near Mexico City around noon, demolishing buildings and killing over 200 people.

Also read: Bitcoin $25K in Five Years, ‘Makes Perfect Sense’ to Under 30s, Says Wall St Strategist

Bitso is accepting donations in BTC, ETH and Ripple XRP. The company said it will send half the contributions to the Mexico Red Cross and half to the local earthquake rescue brigade. It’s using the hashtag #BitcoinAidMexico on social media.

Bitso Verifying Donations at Mexican Central Bank

Donation addresses appear on the company’s website and blog post. Bitso is a well-known name in cryptocurrency, serving the Mexican and Latin American exchange market since its launch in early 2014.

The company will liquidate funds every Friday at noon for the next four weeks. It’s also verifying donations received with official receipts from Mexico’s central bank — which anyone can view online (see instructions on the site).

With all cryptocurrency donation campaigns, it’s important to verify the addresses are genuine before sending.

The best way to do this is use only the addresses listed on the official site — while it’s not 100 percent tamper-proof, it’s still better than copying addresses from possibly-fake social media accounts or other sites.

Buildings Collapsed Near Company HQ

Bitso’s VP of payments José Rodríguez was in Mexico City when the quake happened. He and Jeff Berwick of The Dollar Vigilante. uploaded a video to Facebook earlier describing what Rodríguez saw.

“Everything was moving around. It was quite a while that it lasted … there was broken glass, trees … everybody started evacuating, it was craz...
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