Binance Charity to Initiate $3M BNB Airdrop for Earthquake-Hit Morocco

Users residing in the affected area who have completed Proof of Address (POA) before September 9, 2023, will each receive $100 in BNB directly to their Binance accounts. For users who meet POA between September 9 and September 30, 2023, $25 in BNB will be donated to their Binance accounts.

Binance Extends a Digital Lifeline

Binance Charity, the philanthropic arm of the world’s largest cryptocurrency exchange, has stepped forward with a relief initiative following the devastating earthquake that recently shook Morocco. For those affected by the natural disaster, Binance has announced an airdrop of up to $3 million worth of Binance Coin (BNB) to its users.

In response to the devastation caused by the recent earthquake in Morocco, #Binance Charity will airdrop up to $3 million to #Binance users living in areas affected by the tragedy.

We expect our efforts will reach around 70,000 users living in Morocco.https://t.co/TKjsw6djLK

— Binance (@binance) September 12, 2023

The earthquake, which struck Morocco on Sept. 9, has inflicted significant hardship on its inhabitants. To provide immediate assistance to those in distress, Binance is initiating an airdrop program targeting users in the most severely impacted area, Marrakesh-Safi Province. The identification of eligible recipients will be based on completing Proof of Address (POA) procedures before September 9, 2023.

Users who meet this criterion and reside in the affected region will receive a generous airdrop of $100 in BNB directly to their Binance accounts. This contribution aims to alleviate some of the immediate financial burdens earthquake victims face.

‍

Extending Support to New POA Submissions

Recognizing that many individuals in the affected areas might still need to complete their Proof of Address (POA) submissions prior to the specified date, Binance is extending its support. For any existing user who completes their POA after September 9, 2023, and before September 30, 2023, a donation of $25 in BNB will be made to their Binance account.

Further, Binance’s commitment to assisting extends beyond Marrakesh-Safi Province. The cryptocurrency exchange intends to airdrop $10 in BNB to active transacting users throughout Morocco, even those not directly impacted by the earthquake. This gesture aims to foster a sense of unity and shared responsibility within the entire Moroccan crypto community.

Binance’s relief efforts are expected to reach an estimated 70,000 Binance users residing in Morocco, offering vital financial support during these trying times. The distribution of funds will commence on September 12, 2023.

Commenting on this humanitarian endeavor, Binance founder and CEO Changpeng Zhao, commonly known as CZ, stated,

“The impact of the earthquake on the Moroccan people is devastating. We hope we can bring some support to those affected. For Moroccan users who receive these donations but are unimpacted by the earthquake, we ask them to pass the funds on to those most in need.”

‍

Binance Charity’s Open Call for Donations

In addition to the user-focused relief program, Binance Charity has established a public donation address, inviting contributions from individuals across the globe. The collective cryptocurrency donations received at this address will be directed to an authorized NGO, with details to be disclosed soon. These funds will be allocated to provide essential assistance to those in need.

Donations to the Emergency Earthquake Appeal can be made in a variety of cryptocurrencies, including BNB, BTC, ETH, USDC, USDT, or BUSD.

Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

Disclaimer: This is a paid Ask Me Anything (AMA), BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement AMA for $2000 Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the AMA.

BlockDAG’s CEO and Team Announced: Expected to Surpass Hedera and Polygon with a Projection

BlockDAG’s CEO and Team Announced: Expected to Surpass Hedera and Polygon with a $1 Projection

30 July 2024

VeChain (VET) And Hedera (HBAR) Triple Red Charts. Rollblock (RBLK) Seems The Summer Sure Money Bet – Times Tabloid

28 July 2024

Disclaimer: This article is exclusive BSC News Premium Content. Premium content is viewable without a membership for a limited time. After the limited time period expires, readers will need to either subscribe or hold a BSC News NFT to view Premium Content. Visit the BSC News NFT website, Discord, and Twitter to learn more about becoming a Premium member.

[crypto-donation-box]

Disclaimer: The content of this piece is the opinion of the writer. Nothing in this article is intended to constitute financial advice. The content of this article is intended for entertainment and educational purposes only. Investing in cryptocurrency carries a high degree of risk. Capital is at risk, and returns are never guaranteed. You should always do your own research.

Disclaimer: Disclaimer: This article is written by a visiting author. Opinions herein are those of the visiting author. Nothing in this article is intended to constitute financial advice. The content of this article is intended for entertainment and educational purposes only. Investing in cryptocurrency carries a high degree of risk. Capital is at risk, and returns are never guaranteed. You should always do your own research.

Author

Soumen Datta

Soumen is an experienced writer in cryptocurrencies, DeFi, NFTs, and GameFi. He has been analyzing the space for the last several years and believes there is a lot of potential with blockchain technology, even though we are still at an early stage. In his spare time, Soumen enjoys playing his guitar and singing along. Soumen holds bags in BTC, ETH, BNB, MATIC, and ADA.