Crypto

Binance Launches a Coronavirus Charity to Raise at Least $5 Million

The coronavirus crisis is still taking the world by storm, with little to no improvement in sight. Binance is trying to do its part by launching a new charity venture and aims to raise $5 million in the process.

It is good to see the cryptocurrency community come together during this time of crisis.

Binance Launches a Charity Platform

The coronavirus situation leaves no one unaffected, either directly or indirectly.

Binance’s new charity venture will only help matters move along in this regard.

The new Binance Charity fundraising platform is now dedicating a full campaign to the coronavirus crisis.

If successful, the project will raise an extra $5 million to provide supplies to affected regions.

This is on top of the $1 million already contributed by Binance a few weeks ago.

Related Post

As the crisis intensified, it is only normal that the demand for funding becomes even greater.

A lot of countries need urgent medical supplies, both in terms of medicine and hardware alike.

The Binance Charity platform is designed to accept a few different cryptocurrencies.

Times like these are perfect to untie the overall community, rather than remain divided into small enclaves.

Binance Charity accepts Bitcoin, XRP, Binance Coin, and BUSD, among others.

It will be interesting to see how long it will take to reach the $5 million target. 

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.

Share
Published by
JP Buntinx

Recent Posts

Strategy Increases Bitcoin Holdings With $2.54B Record Purchase

Last week saw major investment firm Strategy Inc. (MSTR) bust into the crypto world with…

7 hours ago

Bitmine Sets Record In Weekly ETH Purchase, Ramping Up 101,627 ETH In Just Seven Days

One of Bitmine Immersion Technologies came out to be the most aggressive in its cryptocurrency…

7 hours ago

Three Major Exchanges Investigate RAVE Accusations of Market Manipulation

The RAVE controversy is now one of the most significant market integrity matters in recent…

1 day ago

RAVE Token Turmoil Deepens As Manipulation Allegations Trigger Investigation, Sharp Price Drop, And Community Backlash

A shocking turn of events followed on the cryptocurrency market when on-chain analyst zachxbt took…

2 days ago

North Korean Operatives Crept Into Crypto Firms Without A Sound, Here Is What It Means For The Industry

Running as a part of ETH Rangers security initiative for the Ethereum Foundation, The Ketman…

2 days ago

Spartans.com Reaches $40M in Gross Gaming Revenue During Beta While Hyperliquid & Monero Price Forecasts Turn Positive

Spartans.com Reaches $40M in Gross Gaming Revenue During Beta While Hyperliquid & Monero Price Forecasts…

3 days ago