Binance to Give $5 Million Worth of BNB to Turkish Users Affected by the Earthquake

Binance will distribute $100 worth of BNB to Binance users in the areas most affected by the devastation caused by the recent earthquake in Turkey. Users will be identified based on Proof of Address (POA) completed before February 6 in the 10 provinces significantly affected by the earthquake: Kahramanmaraş, Kilis, Diyarbakır, Adana, Osmaniye, Gaziantep, Şanlıurfa, Adıyaman, Malatya, Malatya and Hatay.

Also See: Everyone mobilized for the earthquake in Turkey

Every Binance User from the Affected Region of Turkey Will Receive $100 BNB

While the POA method has its limitations and inaccuracies, it is the best method we have to find potentially affected users. Total donations are estimated to be around 5 million USD (or 94,000,000 TL). In the aftermath of natural disasters, people often lose access to traditional banking when extra funds are needed to help cover medical supplies, food and other basic needs.

Crypto transfers are now increasingly being used to provide financial assistance to victims of disasters, as they provide fast, low-cost, unlimited and transparent transactions. Binance Charity has also launched a public donation address for anyone to donate. Everything we receive from this address will be converted into TL and given to an authorized NGO to help those in need. Donations to the Emergency Earthquake Appeal will be accepted in BTC, ETH, BNB, BUSD, XRP.