In a compassionate response to the recent earthquake that shook Morocco, Binance Charity is poised to make a significant impact by airdropping up to $3 million worth of BNB to Binance users residing in the affected areas.
Understanding the urgency of the situation, Binance Charity acknowledges that some users in the Morocco Earthquake Region might not have completed their Proof of Address (POA) verification yet. To assist these users, Binance Charity has unveiled a thoughtful initiative.
For those users who successfully complete their POA verification between September 9, 2023, and September 30, 2023, Binance Charity will extend a generous donation of $25 worth of Binance Coin (BNB) directly into their Binance accounts. This gesture aims to provide immediate relief to those affected by the earthquake.
Remarkably, users who can validate their address in the Marrakesh-Safi Province with documents dated before September 9, 2023, will be eligible to receive an even more substantial donation of $100 worth of Binance Coin (BNB) directly credited to their Binance accounts. This province has borne the brunt of the earthquake’s devastation, and this incentive is designed to alleviate their immediate needs.
In a show of solidarity, active users in Morocco, even if they are not residing in the earthquake-affected region, will also receive an airdrop of $10 worth of BNB each as a testament to Binance’s commitment to the Moroccan community.
This heartfelt initiative is expected to benefit approximately 70,000 Binance users living in Morocco. The disbursement of funds began on September 12, 2023, ensuring swift assistance to those in need during these challenging times.
The use of cryptocurrencies in disaster relief efforts is gaining prominence due to their speed, cost-effectiveness, cross-border capabilities, and transparent transaction tracking. Binance CEO CZ has expressed his deep concern for the earthquake-affected individuals in Morocco, highlighting the urgency of their needs.
He stated, “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.”
To further streamline the donation process, Binance Charity has established a dedicated donation address accessible to anyone willing to contribute. All donations channeled to this address will be utilized to support a reputable non-profit organization (the name of which will be disclosed at a later date) in their humanitarian efforts to aid those in distress.
Contributions to the Emergency Earthquake Appeal can be made in a variety of cryptocurrencies, including Binance Coin (BNB), Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), or Binance USD (BUSD).
As Binance Charity extends its benevolent hand to the earthquake-affected regions of Morocco, it underscores the transformative role of cryptocurrencies in disaster relief, offering hope and assistance to those facing adversity.
