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CHARITABLE USE OF TradeBUX™
Any Registered Canadian Charity is eligible to participate in the donation program and register to receive TradeBUX™ to further its mandate.
Barterworld.com, as a trade interface, provides an unprecedented opportunity for charities to fulfill their need for products and services.
The principle of the barter network is that the value of one TradeBUX™ is equal to approximately $1 CDN- for the purpose of selling and acquiring goods and services. TradeBUX™ donated to charities allows the charity access to products and services provided by independent suppliers using TradeBUX™ as opposed to conventional currency.
Charities can access an advanced online interface to source products and services and connect them with other Barterworld™ members and potential suppliers willing to accept TradeBUX™ as a form of currency. Charities can also opt to transfer the TradeBUX™ to individuals or organizations to meet their charitable objectives.
TradeBUX™
Members of BARTERWORLD transact in TradeBUX™ instead of normal currency. This robust trading economy allows participating charities to source products as if they were using cash from participants in the trade interface. The charity will purchase product at a cash equivalent using TradeBUX™ as the currency of choice.
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