Binance Airdrop Crypto To Turkey Users: Donate Here
According to Binance, Turkish consumers are adopting cryptocurrency more after the earthquake.
Turkish consumers are increasingly preferring cryptocurrency payments due to banking system difficulties.
Following the earthquake, consumers in Turkey are using cryptocurrency payments more frequently, according to cryptocurrency exchange Binance.
Binance, a leading cryptocurrency exchange, joined the group of crypto businesses that promised to donate money in support of users in Turkey. Binance said that it would give away $100 worth of BNB to users in Turkey earthquake-affected areas. According to the exchange's CEO CZ, the entire amount of donations would be close to $5 million. Several cryptocurrency firms, including Bybit, Bitget, BitMEX, and Bitfinex, have already offered their assistance to victims.
Binance Will Send Turkey Victims $100 in BNB Via Airdrop
In its most recent report, Binance discovered that consumers in Turkey are increasingly using cryptocurrency payments due to issues with the country's banking system. According to reports, the disaster claimed the lives of over 4,000 people, destroyed thousands of buildings in the area, and caused enormous economic damages. According to a blog post by the exchange, all users of Binance who reside in the earthquake-affected areas will get an airdrop of $100 worth of BNB. As cryptocurrencies allow for quick, inexpensive, borderless, and transparent transactions, they are now being utilised more frequently to send money to catastrophe victims.
How to Make a Binance Donation to Turkey's Victims
Binance also announced that it had opened a public contribution address where anyone may send donations. All public donations will be converted to TRY and sent to recognised organisations managing the relief efforts. Donations can be made at the Binance Emergency Earthquake Appeal portal in BTC, ETH, BNB, BUSD, and XRP.
