- Binance is giving $100 worth of BNB to the victims of the recent earthquake in Turkey.
- Every Binance user affected by the earthquake can claim the relief funds.
- CZ calls upon the crypto community to donate crypto to support NGOs in the region.
Binance announces a donation of $100 in the form of its native token $BNB to each of its users affected by the earthquake that shook Turkey recently. Looks like its CEO, CHangpeng ‘CZ’ Zhao is keen on fulfilling the brand’s corporate social responsibility.
Responses to the tweet above shows how the Twitter crypto community commends CZ and Binance for its initiative. Binance has always been an avid supporter and has never failed to lend a helping hand to its users, especially in times of need.
Binance posted a blog with additional details. The gist of which concludes how the company is offering support to those affected by the recent earthquake in Turkey by airdropping $100 worth of BNB to users residing in the affected regions.
In detail, identification of these users will be done through Proof of Address completed in ten cities that were hit hardest by the natural calamity. Binance estimates the total donations will reach $5 million.
CZ made a statement
The recent earthquakes in Turkey have had a devastating impact on so many people and communities. We hope that our efforts will bring some relief to those affected. We are also calling on our industry peers to once again come together to offer support in these times of crisis
Therefore, Binance says it will accept donations in the form of BTC, ETH, BNB, BUSD, and XRP to a public donation address set up by Binance Charity. These funds will then be given to an authorized NGO to help those in need.
Thus, CZ encourages the industry to come together and offer support. As always, Binance is committed to helping its community and is working on additional ways to assist. For more information, visit Binance Charity’s Emergency Earthquake Appeal.
Read also:
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://cryptonewsland.com/ceo-of-binance-provides-relief-to-turkey-earthquake-victims/
