El Salvador, a Central American country, made history after passing a bill to make Bitcoin legal tender in the country.
Najib Bukele, the president of El Salvador, announced that he would welcome crypto companies to set up their offices and even grant citizenship to those willing to invest three bitcoins in the country.
Binance announced today that it will offer a $10 bitcoin bonus to new customers from El Salvador.
The official announcement from Binance stated the following:
To celebrate El Salvador’s passing of the bitcoin law, we have prepared a special welcome bonus for new users from El Salvador to win $10 of bitcoin.
Binance is one of the largest cryptocurrency trading platforms with a global client base and is known for providing crypto services in many countries facing financial challenges.
More than 70% of the population of El Salvador does not have a bank account and the adoption of bitcoin could help the country solve this problem.
Crypto exchanges like Binance can make the most of the opportunity and add a new stream of users from the Central American country.
El Salvador prepares to mine Bitcoin with volcanoes:
While El Salvador’s Congress was voting on the Bitcoin bill, the head of state was interacting with more than 22,000 crypto enthusiasts on Twitter.
Anthony Pompliano, also known as “Pomp,” asked the Salvadoran president about his plans for bitcoin mining.
The president said that while there was no discussion on the subject, the country’s volcanic energy reserves could be used to boost Bitcoin mining.
The president reported yesterday that he had informed the state-owned geothermal plant to offer its Bitcoin mining facilities.
Earlier in the day, he tweeted a drone shot of a geothermal facility telling that the Bitcoin mining facility is mapped just half a mile away from the image below:
El Salvador will give way to 100% clean Bitcoin mining using volcanic energy, while the fear of Bitcoin mining is high.