Thanks to the support of the Bitcoin community, the Italian Red Cross - Colli Albani collected more than 3 BTC, from 0 to over € 20,000 in two weeks and with a gross fee of much less than 1%. Through it, materials were purchased to prepare a second level Advanced Medical Post for COVID-19 pre-triage.
The whole process lasted about 3 days as the Colli Albani Committee created a multi-signature Bitcoin wallet (Segwit enabled, Ledger compliant, non-custodial) and launched the project:
https://app.helperbit.com/project/5e6a64ee84cb8662d901a29c– the sum of the fees charged by the Bitcoin network to send the donations were 0.00989986 BTC (0.34%)
– 0% is the fee of Helperbit platform: as a Corporate Policy, Helperbit never charges fees on donations
– the fee charged by the Bitcoin network for the transaction to the payment processor Tinkl.it (TxID) was 0.00492543 BTC (0.19%)
– 0% is the fee charged by Tinkl.it on this occasion
– € 3 is the cost of bank transfers to the merchant’s bank account
Read more and source ---->
https://blog.helperbit.com/en/2020/03/30/from-0-to-20-thousand-in-two-weeks-how-the-bitcoin-community-has-helped-italy-to-face-coronavirus-emergency/
