Categories: Payment system news

Bingbon Launches its Carbon Free and Afforestation Project

[PRESS RELEASE – Singapore, Singapore, 14th September 2021]

Crypto Social Trading Platform, Bingbon has thrown in its support to help planet earth fight climate change.
Bingbon has forged ahead with plans to replenish and revitalize Turkey’s flora and fauna through afforestation efforts. Just last month, the country was set ablaze by wildfires, which left its natural habitat in a chaotic state resulting in severe destruction to the forest and wildlife there.

Motivated by this phenomenon, Bingbon took initiative by allotting a special budget for what is called “Bingbon Carbon-Free and Afforestation Project”, investing thousands of dollars, purchasing unused land to plant trees.

“Climate change is no joke. It is as real as it gets. We’ve all seen the havoc and have also felt the effects of it. To sit back and do nothing would actually be a disservice to the world. As a rapidly growing exchange, Bingbon has a moral duty and a social responsibility to lend a helping hand with regards to climate change-related issues” said Elvisco Carrington, Communications and Partnership Manager at Bingbon.

Bingbon collaborated and band together with a local team in Turkey whose sole responsibility was to source the land, plant, and water the trees. A total of one hundred trees varying from almond trees, linden trees, walnut trees, and chestnut trees, will be planted on a plot of land in Ankara, the Capital of Turkey.

Mr. Carrington also added that the vegetations were chosen because they are “suitable for the Turkish climate with the capacity to produce clean oxygenated air for mankind while providing food and shelter for all kinds of insects and animals there.”

This project is only the first of its kind. Bingbon will continue to lend its full support by funding more projects aimed at environmental protection, climate change, and disaster relief in the future.

About Bingbon:

Bingbon is a fintech company that aims to make the crypto market available and accessible to the world and enabling all participants from all walks of life to invest in a simple and transparent way.

Bingbon is a crypto exchange offering both spot & derivatives trading services. Bingbon started as a derivatives exchange in 2018 but subsequently entered the spot trading arena in 2021.

superadmin

Recent Posts

MEXC Integrates World-Check to Fortify Institutional-Grade Compliance Architecture

“In a rapidly maturing digital asset market, relying on fragmented risk data is a critical…

3 hours ago

Hoskinson Says Cardano Could Unlock Bitcoin’s Next Major Growth Opportunity

Cardano founder Charles Hoskinson believes Bitcoin’s next phase of growth could come through Cardano, allowing…

15 hours ago

Canton’s Decentralized App Layer Launches With $1M+ Foundation Grant Backing

BitSafe has released new infrastructure for builders launching decentralized financial applications on the Canton Network.…

24 hours ago

New Velotrade Report Explains Why Passing a Prop Firm Challenge Doesn’t Always Lead to a Payout

Clearing a funded challenge, exiting a position in profit, and then losing the account anyway…

1 day ago

Market Analyst Predicts Ripple’s XRP Next Move Could Send Price Soaring to $15

XRP traded largely flat on Monday following a volatile week marked by a broader cryptocurrency…

2 days ago

Strategy Says Its Bitcoin Stash Could Keep Dividends Flowing For 31 Years

Strategy is back in the spotlight after revealing its Bitcoin treasury could support shareholder dividends…

2 days ago