Binance Donates $1 Million to the Australian Bushfire Donation Project

Bushfires continue to run rampant across Australia. A lot of money will be needed to put this threat to bed, as well as repair the damage done.

The cryptocurrency community can be of great assistance in this regard.

Binance Makes Another Positive Effort

Earlier this week, Binance confirmed it would donate over 118 bitcoin, or nearly $1 million to this cause. 

Given how these wildfires are the worst in decades, it is evident that a lot of financial aid will be needed first and foremost.

Cryptocurrency contributions may offer a small helping hand in this matter. 

When it comes to supporting good causes, bitcoin and altcoin enthusiasts will often step up their game accordingly. 

The Binance Charity Foundation will try to support the cause through its Australian Bushfire Donation project.

Related Post

Their current plan is to donate the aforementioned US$ 1 million worth of Binance Coin. 

It appears that anyone else willing to donate BNB can get in on the action.

To date, 20 donations have been received, albeit they have yet to be allocated accordingly. 

This marks another important milestone for the cryptocurrency industry.

It is crucial for bitcoin and other projects to get some positive media attention for a change. 

The efforts by Binance will certainly aid the narrative.

The option to donate will remain accessible to all Binance users for the foreseeable future. 

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Published by
JP Buntinx

Recent Posts

A Guide to Authentication Methods (Infographic)

Stolen passwords and weak passwords are responsible for over 80% of security breaches in 2018,…

2 months ago

How To Boost FPS and Reduce Input Lag in Fortnite

One of the most common questions I get is how I can optimize FPS in…

2 months ago

Insane! Science Backed Method To Train Your Mouse Aim For FPS Games

If you are looking to improve your aim for your favorite competitive FPS title, chances…

2 months ago

Find Fortnite Clan – A Directory of Top Fortnite Clans

Are you looking for a Fortnite clan or team to join? Chances the answer is…

2 months ago

Find Valorant Clans and List Your Own Team for Free

Now that Valorant has been out for quite some time, the players that are looking…

3 months ago

The Lonliness Economy

Chronic loneliness can shorten lifespan by as much as 20 years - more than alcoholism…

3 months ago

This website uses cookies.