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Breaking: BitMex becomes the first carbon neutral crypto exchange

source-logo  coingape.com  + 3 more 02 November 2021 12:14, UTC

BitMex has come through following its commitment to go carbon neutral, becoming the first crypto exchange to enable carbon-neutral blockchain transactions. The platform has announced that they have spent $100,000 on the purchase of 7,110 tonnes of CO2 credits to cover the environmental footprint of BitMex’s Bitcoin transactions, along with the servers powering the platform for the next year. BitMex has further revealed its plans for the amalgamation of cryptocurrency technologies and environment conservation methods as the exchange understands that merely purchasing CO2 Credits will not be enough in the long run.

coingape.com

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