Home Crypto Offerings1win Introduces USDC via Solana and Partners for Nepal Relief Fundraiser

1win Introduces USDC via Solana and Partners for Nepal Relief Fundraiser

by Sienna Marques
0 views 2 minutes read
1win Introduces USDC via Solana and Partners for Nepal Relief Fundraiser

1win is expanding its cryptocurrency portfolio by adding the ability for users to deposit and withdraw USDC through the Solana network. This move is part of the company's broader initiative to enhance digital asset integration across its platform. Additionally, 1win is engaging in various Web3 community projects, including a fundraising effort for emergency relief in Nepal, organized by Sona.

Users now have the option to transact in USDC via Solana, which is accessible in all regions where 1win operates. This integration offers an efficient means of moving stablecoins to and from the platform while leveraging Solana's efficient, cost-effective infrastructure.

For USDC deposits through Solana, the minimum threshold starts at 5 USDC, whereas SOL deposits can be made from around 0.0099353 SOL, roughly equivalent to $1. These minimums represent some of the lowest currently offered by 1win.

The expansion of their crypto services coincides with the upcoming launch of 1win Token on the Solana network. More information regarding the Token Generation Event (TGE) and its listing will be released through official channels, including the @1winToken account on X.

In addition to the advancements in their crypto services, 1win has contributed to a fundraising campaign initiated by the Solana Foundation in response to the significant flooding emergency in Nepal that occurred on August 26.

The campaign involved transforming the Solana Foundation’s profile picture on X into a charity auction, segmented into nine regions for logo bids by companies and Web3 projects. The funds raised through this initiative were designated for emergency relief in Nepal.

1win made a notable contribution of $16,276, securing the Top Center placement. This donation marked the second-largest received through the auction, which ultimately generated a total of $166,946.50 for the Nepal relief efforts. Moreover, 1win has supported local relief initiatives through additional donations to the charitable organization Mountain Heart Nepal.

The new USDC payment option and involvement in the fundraising campaign reflect 1win's ongoing commitment to expanding its cryptocurrency activities, with further updates regarding 1win Token expected as the TGE approaches.

You may also like