One of the leading cryptocurrency exchange in the world, Binance has come forward to help flood victims from West Japan. The total contribution accounts up to $1 Million USD.

On July 7, Japan was hit by unprecedented rainfall which led to a massive flood and landslides in several areas. This certainly had a huge impact on surrounding human life and more than 60 people have died and dozens together went missing.

As per statements on Binance official blog,

“To help out the victims in West Japan that were affected by the heavy rains on 7/7/2018, Binance is donating $1,000,000 USD and calling for our crypto friends and partners to join us in the relief initiative.”

The Blog also elaborates on wallet details and all the ETH and ERC-20 tokens received will be taken care of by the company.

Send ETH or ERC20 tokens you want to donate directly to the Binance donation address 0xA73d9021f67931563fDfe3E8f66261086319a1FC

As per reports, Wallet has received a total of $90,000 worth of ETH and $1.05 Million worth of ERC-20 tokens. Furthermore, the Founder and CEO of Binance, Changpeng Zhao also posted a tweet sharing some information about their cause and also urging other people from the crypto community to come forward and help those affected.

Due to its transparent nature of cryptocurrency, the community has always made news in charitable funds. In the past Ripple had donated $29 million in XRP to DonorsChoose to improve the education system



Share this post