BitMEX starts to help relief efforts for coronavirus with $2.5 million fund

• BitMEX is the latest exchange to join the efforts to fight the coronavirus that is plaguing every corner of the world. 
• Registered in Seychelles, the platform has become the latest industry player to join the effort in fighting the health crisis. 

One of the biggest platforms in crypto space, BitMEX is the latest exchange to join the efforts to fight the coronavirus that is plaguing every corner of the world. 

Registered in Seychelles, the platform has become the latest industry player to join the effort in fighting the health crisis. At the start of this week and earlier today, the operator for the platform, HDR global trading launched a dedicated response from and to COVID-19 and further announced its contribution of more than $2.5 million in grants to 4 recipients.

The company has said that as a financial technology firm, the best way for it to contribute to the international efforts against the virus is through directed funds on a strategic level that will help fill in the gaps in the response and help empower the underfunded organisations helping against the situation.

As the world goes into economic and health turmoil, people all around the world are doing their bit to pitch in and help where they can. There are many companies in the crypto space that are starting to jump on this as the coronavirus worsens. BitMEX is the latest platform to direct its operations to help against the virus.

It will be interesting to see how this situation plays out. For more news on this, crypto portfolios and other crypto updates, keep it with CryptoDaily!