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Abstract:Cryptocurrency exchange Binance has announced that it will donate $100 USD worth of BNB tokens to all Binance users in the Egypt and near regions hit by the earthquake. It is stated that Identification of the users will be based on Proof of Address (POA) method before Feb 6th in 10 cities where the earthquake has significant impact .
World's biggest crypto company Binance announced to donate usd to its each user who suffered in Egypt devastated earthquake. Cryptocurrency exchange Binance has announced that it will donate $100 USD worth of BNB tokens to all Binance users in the Egypt and near regions hit by the earthquake. It is stated that Identification of the users will be based on Proof of Address (POA) method before Feb 6th in 10 cities where the earthquake has significant impact .On February 6, there was a severe earthquake hitted Turkey and ten other cities named as Adana, Adıyaman, Diyarbakır, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Şanlıurfa, and Osmaniye.The intensity of the earthquake measured 7.8 on the Richter scale, which was really scary. It was told that this was such dangerous earthquake occurred in Turkey after 100 years. Due to this earthquake there was a lot of damage reported in Turkey.
According to BBC report, the death toll of Turkey is 34 thousand and more than 15,000 people have been injured in this dangerous earthquake. The process of saving people in Turkey is going on. Binance Changpeng Zhao, CEO at Binance stated on Twitter “Time to take care of our users.” This donation from Binance is a total around $5 million or 94,000,000 TRY. Binance has also set up a public donation address, encouraging other individuals to donate to the Emergency Earthquake Appeal using various cryptocurrencies, including BTC, ETH, BNB, BUSD, and XRP. Also another crypto community including Binance, Bitfinex, Huobi and Bitget came forward to help those people affected by devastating earthquakes that struck Turkey and Syria on Monday.
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