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

Step Finance Confirms Major Treasury Breach On Solana

Step Finance has disclosed a significant security incident involving its protocol-owned funds, marking one of…

1 day ago

Crypto Hacks Surge Again As January Losses Hit $86 Million

The crypto industry is once again grappling with a rising wave of security breaches as…

1 day ago

Vitalik Buterin Says Creator Coins Miss The Real Problem

Ethereum co-founder Vitalik Buterin is once again challenging a popular crypto narrative, this time around…

1 day ago

Step Finance Hit By Major Treasury Breach

Shockwaves moved through the Solana ecosystem after DeFi dashboard and portfolio platform Step Finance confirmed…

3 days ago

Tether Caps A Record Year With Explosive Profit Growth

Tether has released its Q4 2025 quarterly attestation, and the numbers confirm what much of…

3 days ago

Lighter EVM Marks A Major Shift From Trading Engine To Full-Stack DeFi Platform

Lighter is officially stepping beyond its roots as a high-performance perpetual DEX with the launch…

3 days ago