RATE Group | OKCoin Grant Dishes $100K to Bitcoin Payment Processor
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OKCoin Grant Dishes $100K to Bitcoin Payment Processor

28 May OKCoin Grant Dishes $100K to Bitcoin Payment Processor

Posted at 13:18h in Bitcoin News by

Completing its second independent developer grant, crypto exchange OKCoin has donated $100,000 to open-source crypto payment processor BTCPay Server. 

In addition to its worldwide fiat on-ramp/off-ramp focus, the OKCoin exchange sees the importance of furthering the industry’s framework, OKCoin CEO Hong Fang told Cointelegraph, explaining:

“We also have a special responsibility to support free or open-source software (FOSS) development which provides the building blocks in which exchanges are built upon.”

OKCoin initiated its grant in 2019

OKCoin started up its Independent Developer Grant in 2019, according to a statement provided to Cointelegraph. The grant aims to give capital to open-source Bitcoin (BTC) product builders. 

OKCoin gave its inaugural developer grant to Bitcoin Core developer Fabian Jahr back in February 2020, detailed in a blog post from OKCoin. The post noted the OKCoin’s view on the importance of independent developers, calling them, “the real founders of the…

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