"Fortunately, Binance has a little disagreement, it can lighten the burden of the earthquake victims in Turkey."
Following the devastating earthquake in Turkey, cryptocurrency exchange company Binance is donating Binance Coin (BNB) through airdrops worth $100 to its users who have been affected by the disaster.
However, Binance has selected the most eligible users to receive the donation through Proof of Address (POA) in ten affected cities, including Adana, Adıyaman, Diyarbakır, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Şanlıurfa and Osmaniye.
Although the POA method may not be accurate, Binance still considers it the best option with the estimated amount of donations given by the company being around $5 million.
While Binance Charity also provides a special address that encourages various parties to donate through various digital assets such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Binance USD (BUSD) including BNB.
Crypto-based financial aid to disaster victims has been found to be more effective following the transfer of donations during emergencies will be faster, transparent and unlimited.
This is because most individuals often face obstacles to access traditional banking services when there is a natural disaster.
Like to be informed that crypto is becoming more and more popular and popular as digital assets are often used to help countries affected by war or other.
