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In recent days we have been horrified by the terrible events following Russia’s military invasion of Ukraine. A week ago, the war in Europe seemed a thing of the past. Today, it is a reality. Doing nothing is not an option. In the face of atrocities, the human being is all we have left. So here is Bitpanda’s response to the war in Ukraine and how we plan to contribute to providing humanitarian aid to people affected by the war.

Bitpanda Emergency Response Fund

Bitpanda is convinced that the whole is greater than the sum of its parts. Together we are much stronger and now is the time to harness the power of the amazing Bitpanda community. That’s why they’re creating the Bitpanda Emergency Response Fund, a crowdfunding platform that allows Bitpanda’s community to contribute the digital crypto assets of their choice to causes that provide humanitarian support to people affected by war.

The initial beneficiaries of the Bitpanda Emergency Response Fund are two organizations with whom they share values ​​and believe in their missions:

  • Save the Children – Ukraine Crisis Relief Fund, which provides vital aid to children and their families in Ukraine and neighboring countries in need of water, shelter and food.
  • Doctors Without Borders (MSF), which carries out emergency response activities in Ukraine and neighboring countries.

Bitpanda realized that there are many causes worth supporting, so Bitpanda will continue to add new organizations, based on recommendations from Bitpanda’s team and the community of over 3 million customers.

How does it work?

Bitpanda’s philosophy is that any asset should be used for any purpose, at any time. Therefore, anyone in the Bitpanda community can now donate whatever crypto assets they want by sending them to ukraine@bitpanda.com. Bitpanda will convert all these digital assets into euros, without any commission, and donate them to the selected organizations.

Bitpanda will start donations with a contribution of €100,000 on behalf of Bitpanda, and then match donations up to a total of €500,000. In addition, as founders, each of them will individually contribute a personal donation of €50,000. More information here .

Crypto donations to Ukraine

If you want to donate directly to the Ukrainian government, you can do so with crypto assets, as they now accept donations of this type. Bitpanda’s product team has gone above and beyond to ensure that donations can be made seamlessly, directly from your Bitpanda account.

Bitpanda Emergency Response Team

This abominable war has shown us the cruelest side of humanity. But it has also shown that there is a lot of kindness and solidarity in the face of atrocity. We are personally humbled and amazed by the number of people on Bitpanda’s team who are willing to volunteer and make a significant contribution to those in need.

This is the true Panda spirit and Bitpanda couldn’t be more proud of its people. Bitpanda is supporting your individual initiatives and ideas by creating the Bitpanda Emergency Response Team, offering full leadership support as well as paid time off for all people who want to volunteer in organizations supporting humanitarian causes or emergency response authorities. emergencies.

Prioritizing mental health in challenging times

In light of current events, Bitpanda wants to emphasize ensuring that Bitpanda’s team members prioritize their mental health and well-being. The invasion of Ukraine has affected the whole world, no matter where we are or where we come from. Bitpanda wants its employees to know that they are not alone and that it is normal to be stressed or anxious in these unsettling times. Bitpanda now offers the entire Bitpanda team free and anonymous mental health support from certified psychologists.

Stay strong, together

In these difficult times, we are also deeply concerned about the well-being of the Russian colleagues. They are incredibly talented people who have done nothing wrong, they are in shock and equally horrified by what is happening. This is not your fault. At Bitpanda, they have a zero tolerance policy towards xenophobia and xenophobic speech. We stand strong, together, regardless of where we come from. Our thoughts and prayers are with all the people who are affected by this unnecessary and unwanted war: the Ukrainian people and the Russian people who do not support this war and who are collateral victims of the atrocities committed by their government.

Faith in humanity

Despite everything that happens, we have a deep faith in humanity. War is never a solution and should never be an option. We hope that we can all find the strength to support each other and support the people affected by these terrible events. We look forward to more peaceful times.