Cryptocurrency Exchange CHBTC to Donate 50% of Trading Fees to Ethereum Classic Development

Dawei Lee the chief executive officer of CHBTC has decided to donate 50% of all trading fees to the Ethereum Classic development.

In an interview with CCN Dawei Lee said:

We would like to express our strong support for Ethereum Classic. We believe it maintains the core concepts of immutability and decentralization which were the original vision of Ethereum many believed in. We see a lot of local support for ETC at present, because of these reasons we have recently announced our intention to donate 50% of ETC trading fees to the development of Ethereum Classic. We look forward to working with the community and the Ethereum team to continue to develop and grow Ethereum Classic.

According to Dawei Lee, CHBTC Bitcoin trading volume ranks fourth in the world and ETH/ETC trading volume ranks first in China. CHBTC is also the largest ETH and ETC exchange in China, its average 24-hour trade volumes is around 850,000 Ethereum (about $9.658 million) and 5,350,000 ETC (about $10.469 million).

Yet another strong enforcement that people are backing the original ethereum chain, especially the Chinese community.