TravelbyBit Partners with Binance Charity to Launch Crypto Donation Matching Program

2019-12-16

Global travel booking platform TravelbyBit has launched a blockchain charity program in collaboration with Binance Charity Foundation. For every booking, TravelbyBit will match each donation made by travellers to help improve the lives of the “bottom billion” around the world.

Give back with BinanceBinance Charity is continuously developing blockchain-based solutions to address the root causes of social problems and guide people out of poverty. Through blockchain-based donations, charities can be more transparent and reach a ready-to-give audience at a low cost. TravelbyBit’s Charity Program enables travellers to donate to the “Binance Lunch for Children” project when booking flights or hotels on TravelbyBit. In the spirit of giving, TravelbyBit will double all donations received through their platform over the Christmas season to give back to communities through transparent donations.

“We are very pleased to have TravelbyBit’s support to the vulnerable people via our blockchain-based charity solution,” said Helen Hai, Head of Binance Charity. “Donations through the platform will be ensured with full transparency, accountability, and direct reach to end recipients. Technology should work for people; the collaboration with TravelbyBit is demonstrating the industry’s effort to use technology to shape a future that works for all of us by putting people first and empowering them.”

With a blockchain-based platform, Binance Charity passes on 100% of the donations to beneficiaries and organizations, assuring donors see the full impact of their donations. To date, Binance Charity has helped over 96,000 end beneficiaries. 

"Permissionless cryptocurrencies like Bitcoin provide anyone with the basic right to transact freely. TravelbyBit is one of the first online travel booking platforms that provides travellers with cryptocurrency payment options, introducing a solid use case for the digital asset,” said Caleb Yeoh, CEO of TravelbyBit. TravelbyBit has processed over 1 million dollars worth of travel bookings for travelers worldwide in cryptocurrencies including BTC, BNB and LTC. “By partnering with Binance Charity, we hope to encourage travellers to use cryptocurrencies for social good when they book their trips during the Christmas holidays. In this season of giving, we will match each donation at a 1:1 ratio to maximize the social impact.” Each donation will go towards supporting the Binance “Lunch for Kids” project, which aims to improve hunger issues by offering healthy food for school kids living in Africa. Since January 2019, the project has raised over 100,000 USD worth of cryptocurrency and supported 5,441 kids across 10 schools in Uganda. “For travellers who book their trips on TravelbyBit, $0.30 is a very small amount; but in eastern Africa, $0.30 means a proper meal for one child at school. Through our Charity Program, travellers can help improve lives by making small donations, adding social impact to their travel booking,” said Caleb Yeoh. 

As one of the first travelers to use TravelbyBit’s donation function, Queensland Chief Entrepreneur Leanne Kemp booked a Qantas flight through TravelbyBit and was impressed at the ease of donating simultaneously.

“I booked my Qantas flight and transacted a donation at the exact same time! TravelbyBit has incorporated Binance Charity’s revolutionary donation platform, which provides transparency and accountability by making financial information available to donors.”

"Charities who choose to use the transparent donation platform, which is based on blockchain technology, will lead the market as the most trusted and credible in their field. By minimizing administrative costs through automation, providing more accountability through traceable milestones and allowing donors to see more clearly where their funds are going, this platform will increase public trust for charities, and I would hope, encourage people to be more generous in their donations. It's amazing to see how blockchain technology is being used to improve lives around the world,” said Leanne Kemp, Queensland Chief Entrepreneur.

Travellers can donate from a minimum amount of $1 using BTC, BNB and LTC. Start with a travel booking and donate at www.travelbybit.com. 

About TravelbyBit

TravelbyBit is an online travel booking platform built for the blockchain generation, powered by the world’s leading cryptocurrency exchange, Binance. Our team of passionate travel experts and digital currency enthusiasts provide a unique travel experience with every booking, the platform enables travellers to experience the world with freedom using digital currencies.

Book your flights and accommodation today and see where bitcoin can take you!

For more information, visit https://travelbybit.com/.

About Binance Charity 

Binance Charity Foundation (BCF) is a not-for-profit organization dedicated to the advancement of blockchain-enabled philanthropy towards achieving global sustainable development. Binance Charity aims to transform philanthropy by developing the world’s first decentralized charity foundation to build a future where blockchain technology can be used to end all forms of poverty and inequality, advance sustainable development and ensure that no one is left behind. For more information on Binance Charity, visit: https://www.binance.charity/.