Bitcoin, Crypto currency, Blockchain

Binance donates Bitcoin and Ethereum in the value of 500,000 USD to flood victims

0b4114d412bcb5287c311ab787ad8664 - Binance donates Bitcoin and Ethereum in the value of 500,000 USD to flood victims

Binance donates Bitcoin and Ethereum in the value of 500,000 USD to flood victims

Home News Binance donates Bitcoin and Ethereum in the value of 500,000 USD to flood victims

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Marcel Knobloch –
25.10.2018

In Japan, a powerful storm raged recently, caused severe Flooding in the West of the country and for the evacuation of 8 million people. Binance immediately seized the Initiative and collected donations for the victims and transferred the amount quickly and securely with the help of Bitcoin and Ethereum.

One of the biggest crypto currency exchanges in the world, Binance, for their openness to the world and support for the weak regions. After the severe storms over Western Japan moved in, it was Binance immediately and announced their list of fees incurred for the listing of crypto-currencies on the platform, for Wohltätigkeitszwcke.

De Blockchain Charity Foundation (BCF), of Binance founded in, has set itself the goal to support with the help of the block chain technology, global and sustainable development worldwide.

According to a private report by the company’s 61,09 Bitcoin could be made to the Victims very quickly, that’s the equivalent of about 50 million JPY. This amount was called to the supporter on the spot, “Miss Bitcoin may”. You could convert the full amount very quickly and easily in Fiat and in order to immediately help Victims.

In a second fundraising round Open Japan to collect, a further charity for disaster victims, used and more 169,85 Ether. This corresponds to an approximate value of 5 million JPY. In addition, Binance has led their own smaller donations.

After the successful completion of this Unterüstzung for the flood victims, the employees reported Opne Japan that set it up incredibly easy and a good to donate crypto-worked account and operate. The transactions were executed immediately at incredibly low costs. Open Japan performs, that the organization of the functionality as well as its Potential was very impressed (freely translated):

The acceptance of this donation has left us a deep impression of the crypto-currency: their growing impact on our world as well as their Potential.

This event, as well as in other areas of life and economy is visible, such as the value of digital currencies and the technology for the future. We are excited to see in what other areas of these new technologies to the world and to support enrich.

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