Binance platform allocates $ 5 million campaign to combat the Corona virus
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Answer Binance platform allocates $ 5 million campaign to combat the Corona virus
The Binance Charity donation platform, which works via blockchain technology, has launched a relief campaign to combat the Corona virus.
The campaign aims to raise $5 million in cryptocurrencies such as Bitcoin, XRP, BNB and BUSD to increase efforts and relief from the coronavirus.
Binance founder CZ referred to the start of the relief campaign as follows:
Binance wants to raise $5,000,000 in donations to help fight the coronavirus around the world, starting with Italy, the United States, Spain and Germany.
Join our efforts to fight Corona.
. added On Twitter:
Every satoshi matters.
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According to the announcement, Binance will lead the effort by donating $1 million initially, and has also committed to adding up to $2 million through a social media campaign with the hashtag “#CryptoAgainstCOVID.”
According to the same announcement, Binance will add $1 million in public donations received.
The money collected will be used to purchase medical supplies for countries that have been severely affected by the coronavirus, such as:
Italy, Germany, Spain, Republic of Korea, Iran, Turkey, USA and UK.
Helen Hay, Head of Binance Donation Platform, said:
The most important element in human life is to show empathy and help others as much as possible, without conditions or limits.
In January, Binance launched the Binance “For Wuhan” program, pledging $1.4 million in medical supplies to help fight the virus in China.
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