Binance Offers Financial Aid To Users In Earthquake Affected Regions
The catastrophic earthquake which struck Turkey and Syria on February 6th left a path of devastation in its wake, affecting countless communities and individuals.
Binance has therefore announced an airdrop of $100 USD worth of BNB tokens to all users residing in the earthquake-affected regions. The process of identifying eligible users shall involve reviewing Proof of Address (POA) submissions made before February 6th in various earthquake-affected cities, namely Adana, Adyaman, Diyarbakr, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Anlurfa, and Osmaniye.
Much like the situation regarding the Russian invasion of Ukraine, the usage of crypto transfers for delivering financial aid has steadily grown in popularity, as these transfers are quick, unrestricted, transparent, cost-effective, and seamless, making them well-suited for offering aid in emergency situations.
Lastly, while the aforementioned POA process is not perfect, Binance believes it is the best option for locating users affected by the disaster. The total value of the donations is anticipated to be around $5 million. Binance Charity additionally established a public donation address, encouraging people to donate to the Emergency Earthquake Appeal with cryptocurrencies such as BTC, ETH, XRP, BUSD, and BNB.
Top News
15 months ago
15 months ago
15 months ago
16 months ago
16 months ago
16 months ago
16 months ago
16 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
17 months ago
18 months ago
18 months ago
18 months ago
More From The News
Press Releases
Payments
New Payment Limit For Crypto Wallets Scrapped
The recent Anti-Money Laundering re... Read more
Bitcoin
Bitcoin Undergoes Price Correction As International Economies
A significant portion of the crypto... Read more
Join Our Newsletter
Get the latest trends and updates on our crypto community.