Bitcoin Companies Unite For Christmas Fundraising Event In Poland

In News

Bitcoin companies set aside business competition and decided to unite for children in Poland.

BitBay and Bitcantor are two top leading Bitcoin companies in Poland yet, amidst the inense competition right now in the industry due to the instant massive demand for Bitcoin due to some signifiant events, the two companies decided to set aside the competition and unite for the people in their country. This is definitely an inspiring moment for everyone. Seeing that these companies were able to set aside personal intentions for the sake of the majority, then this shows how much hope there is left for the world.

Polish cryptocurrency exchanges BitBay and Bitcantor have organized a Christmas fundraiser to buy presents for children from Tęcza Child Care Home in Katowice, Poland.

BitBay, established in 2014, doesn’t only have an innovative platform, great support and many tools for traders. It is also a team of people that engage in events to support the industry and charity events.

A Goodwill Gesture

“We are also a team of people that want to do something good for the world,” Justyna Laskowska-Witek, head of marketing,” told CCN. “That’s why we want to engage in charity causes. We hope many people will participate so we can make children’s wishes come true. Bitcoins we collect are going to be exchanged to PLN without any fees, and then spent on gifts that children wrote down on their letters to Santa Claus.”

“We decided that bitcoin would be perfect for the fundraiser because it’s the most popular cryptocurrency among our users, but also in general,” Laskowska-Witek said.

Promoting Bitcoin Awareness

In addition to helping children, the fundraiser promotes awareness of bitcoin and cryptocurrency in Poland. “Bitcoin is still not as popular as we wish it was, and a fundraiser is something that speaks to almost everyone,” Laskowska-Witek said. “That’s why we think if we connect those two things we can create interest in bitcoin and cryptocurrencies for people that never heard of it before. Also, lack of knowledge often makes people think that cryptocurrencies are used for bad causes. Our fundraiser shows that it’s not true, and bitcoin is used for helping others.”


The charitable cause also raises bitcoin awareness, contrary to the oft-narrative that it is used illegally.

“For last year’s fundraiser for the Great Orchestra of Christmas Charity, we collected 1,863 BTC which at the time was an equivalent of 3400 PLN,” Laskowska-Witek said. “The fundraiser was held from December 15th 2015 to January 10th 2016. Of course, because of bitcoin’s growing exchange rate, right now we could get more PLN for the same amount of bitcoins. At the moment we collected 1,499 BTC for the Christmas fundraiser for Tęcza Child Care Home in Katowice, which is an equivalent of more or less 4800 PLN.”

The fundraiser began on November 30 and will end on December 15, 2016. The entire amount of the fundraiser will be spent on toys and items that children wrote down on their letters to Santa Claus.

Also read: Polish banks clamp down on cryptocurrency exchanges

A Cooperative Effort

Bitcantor is BitBay’s fundraiser partner. “It’s an easy platform for buying and selling bitcoins and other cryptocurrencies, especially for people who are not interested in trading,” Laskowska-Witek said regarding Bitcantor. “Bitcantor is organizing the fundraiser together with BitBay, and also it is promoting the fundraiser among its users. Our teams will deliver the presents to the children when the fundraiser is done.”

“The awareness (for bitcoin) is still too low in our country,” Laskowska-Witek said. “It’s growing and we are participating in this growth as much as we can. Our team is not only operating BitBay platform, but we also participate in educational and industry events. Our specialists organize training courses for the police and prosecutors about blockchain, bitcoin and similar technologies. We cooperate with the government in ‘blockchain and cryptocurrencies’ stream, which is a group that works on introducing those technologies to e-administration of the country. We also attend industry events and conferences where our representatives promote the idea of bitcoin and cryptocurrency trading.”

Contribution to the fundraiser is possible for BitBay clients, as well as for people that don’t have an account on the exchange. People without an account can go to BitBay users can go to


You may also read!

Personal information

US Senator Demands Internet with ‘Do Not Track List’ For Personal Information

Do you think that personal data should be shared with websites? US Senator Josh Hawley thinks otherwise. As a

Online Security

Survey Shows Internet Users Have Terrible Online Security

How secure is your online privacy? Internet users might have no conception that their personal information entered online are

Louis Vuitton

Louis Vuitton Leverages on Blockchain to Verify Fake Products

Is there anything else that blockchain cannot do? Louis Vuitton along with ConsenSys and Microsoft have teamed up to


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu