Twitter CEO and rapper Jay Z donate $ 23.5 million to Bitcoin development

Twitter CEO Jack Dorsey and rapper Jay Z team up to donate 500 Bitcoin ($23.5)million) teams in Africa and India. The co-founder of the social network wrote about this in a separate tweet:

«JAY-Z and I will donate 500 BTC to the new fundcalled ₿trust to finance the development of Bitcoin, initially targeting teams in Africa and India. It will be created as a trust, not subject to our control. To begin with, we need 3 board members.

He attached an application form to his message, which must be filled out for membership in the council of the trust.

JAY-Z/@S_C_ and I are giving 500 BTC to a newendowment named ₿trust to fund #Bitcoin development, initially focused on teams in Africa & India. It'll be set up as a blind irrevocable trust, taking zero direction from us. We need 3 board members to start: https://t.co/L4mRBryMJe

- jack (@jack) February 12, 2021

Binance CEO CZ was nominatedfirst member of the crypto community, but rejected the offer, saying that he was "not the best candidate, because I am being pulled in different directions, and there is too little time."

The head of the world's leading cryptocurrency exchange added that, not being able to participate in the work of the trust, when it launches, he would be happy to make a donation.

Several days Dorsey donated $ 1 million to the presenterCoin Center, a non-profit organization dedicated to the political issues faced by cryptocurrencies. The fund is focused on India and Africa, while at the same time not setting a geographic framework.

The CEO of Indian crypto exchange WazirX commented on Dorsey's move:

«Wonderful initiative for Indian developers. Such initiatives would not have been possible if India planned to ban cryptocurrencies.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

#	Cryptocurrency exchange	Official site	Site evaluation
1	Binance (Editor's Choice)	https://binance.com	9.7
2	OKEx	https://okex.com	7.4
3	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5
5	Yobit	https://yobit.net	6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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