The world's largest crypto exchange announced Tuesday that it will airdrop BNB worth $100 to all Binance users identified to be living in 10 cities where the earthquake has had a significant impact, including Kahramanmaraş, Kilis, Diyarbakır, Adana, Osmaniye, Gaziantep, Şanlıurfa, Adıyaman, Malatya and Hatay.
The exchange will identify eligible users using the Proof of Address (POA) process completed before February 6. Binance estimated that the total donations will be around $5 million USD (or 94,000,000 TRY). The exchange said:
"In the aftermath of natural disasters, people often lose access to traditional banking at the exact moment when extra funds are needed to help cover medical supplies, food and other essential needs."
Binance Charity has also launched a public crypto donation address that converts received funds to TRY and gives it to an "authorized NGO to help people in need."
(By Ruholamin Haqshanas)
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