News of the day: light for crypto and charity.

[Paha87]

American lighting equipment distributor H & M Distributors began accepting payments to crypto; charity crypto Fund Eatbch Charity celebrates its first anniversary.

H & M Distributors accept payments in crypto

H & M Distributors, Inc. a U.S.-based wholesale seller of lighting supplies announced that it had decided to accept payments from its business customers using cryptocurrency. The new payment scheme will be established through h & M Distributors partnership with Chimpion, an e-Commerce crypto platform that supports payments in BTC, BCH, BCD, DASH, ETH, LTC, XZC and many other cryptocurrencies.

This step is designed to allow retailers from all over the world to purchase goods from an American wholesaler with faster transactions, reduced transaction fees and no currency conversion fees compared to traditional payment methods.

H & M Distributors CEO herb Needham said:

After more than 20 years of experience, we consider ourselves experts in the field of special lighting. Accepting cryptocurrency payments allows us to share this experience with even more customers, eliminating many of the barriers that previously made it difficult to sell internationally. What sold us is a settlement system that allows us to instantly convert crypto payments into US dollars.

Eatbch Charity marks first anniversary

The non-profit organization Eatbch, working with bitcoins, celebrates its first anniversary. The young charity group is already operating both in Venezuela and South Sudan, where it uses cryptocurrency donations to provide food to people in need.

Jose Eatbch of shared joy:

Exactly one year ago, my brother Gabriel and I created this initiative to help Venezuelans in dire need, and it was a real activity! We started with a donation of just$ 5 and used it to feed 40 people. A few months later, we handed out thousands of dishes every week in 23 locations in 6 States of the country!


I know that's a cliché to say, but I really didn't expect this project to grow so fast. Not only because we received tremendous support from the BCH community, but also because the situation in the country; a situation that was insurmountable for all of us.

The founder of the charity also added that " unfortunately, the fall in prices has affected our funds. It is in this special case that I ask you to consider donating to help everyone who suffers from bad economic policies and to show that cryptocurrencies are an excellent form of money."

Link - https://altstake.io/news/novosti-dnya-svet-za-kripto-i-blagotvoritelynosty