Million

Foundation

<p class="is-style-lead">Following the earthquake that struck Morocco on Sept. 8, Binance Charity, a non-profit organization connected to the world’s largest exchange, shares their commitment to support those in need.</p> 
<p>The platform’s efforts include airdropping $3 million BNB to Binance users identified as living in areas affected by the tragedy.</p> 
<h2 class="wp-block-heading" id="providing-relief">Providing relief</h2> 
<p>The earthquake, which occurred on Friday night, had a magnitude of 6.8, centering in the High Atlas Mountains close to Marrakech. At press time, the death toll neared 3,000 people.</p> 
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 <div class="wp-block-embed__wrapper"> <iframe title="Morocco earthquake death toll rises to nearly 2,500 - BBC News" width="1020" height="574" src="https://www.youtube.com/embed/qEezkuMV1H0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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<p>Given the impact of this natural disaster, the CEO of Binance took to X (former Twitter) to share his condolences for the people in Morocco, highlighting his company’s pledge to donate $3,000,000 to Binance users in need.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Our hearts go out to the people in Morocco🇲🇦<a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> to donate $3,000,000 in <a href="https://twitter.com/hashtag/BNB?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BNB</a> to our users in Morocco🇲🇦<br><br>We standby our users in times of need. Stay strong. 🙏<a href="https://t.co/lQzLvhuuQ3" target="_blank" rel="noopener noreferrer nofollow">https://t.co/lQzLvhuuQ3</a></p>— CZ 🔶 Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1701309635074875772?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 11, 2023</a> 
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<p>To meet these qualifications, Moroccan users must have had their proof-of-address (POA) completed before Sept. 9 and be located in the province of Marrakesh-Safi, which is said to have suffered the most impact. Those users will get $100 in BNB deposited directly into their Binance account.</p> 
<p>Those who haven’t completed the POA could add this information between Sept. 9 and 30, and $25 in BNB will be added to their Binance account, while active transacting users will still receive $10 via airdrop.</p> 
<p> You might also like: <a href="http://https://crypto.news/binance-charity-foundation-launches-lunch-children-program-ugandan-school/" rel="noopener noreferrer nofollow"> Binance Charity Foundation Launches “Lunch for Children” Program at Ugandan School </a> </p> 
<p>The post estimates that these efforts will reach around 70,000 Binance users living in the region, with funds being available for users starting Sept. 12.</p> 
<h2 class="wp-block-heading" id="providing-global-support">Providing global support</h2> 
<p>Despite Binance’s legal repercussions in several countries in Europe and ongoing battle with the SEC in the US, the exchange continues its charitable activities.</p> 
<p>Binance Charity, although focused on web3 education, has had a history of material support, including the launch of the Lunch for Children <a href="https://crypto.news/binance-charity-foundation-launches-lunch-children-program-ugandan-school/" rel="noopener noreferrer nofollow">program</a> in 2019 in&nbsp;Uganda, a $1 million donation to flood victims in Japan, and $5 million for a&nbsp;COVID-19 <a href="https://crypto.news/binance-charity-5-million-coronavirus-relief-campaign-donation/" rel="noopener noreferrer nofollow">relief campaign</a> in March 2020.</p> 
<p> Read more: <a href="http://https://crypto.news/binance-charity-5-million-coronavirus-relief-campaign-donation/" rel="noopener noreferrer nofollow"> Binance Charity Initiates $5 Million Coronavirus Relief Campaign with Donation Matching Commitment </a> </p>

Binance to donate $3m in BNB to Moroccan users affected by earthquake

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