Binance agrees to pay $ 1.5 million for the fight against the coronavirus

January 28, 2020 by Clementine

While the global alert is given, Binance wants to make a contribution to the fight against the coronavirus by granting $ 1.5 million to the victims of the epidemic.

A support Binance

At present, the epidemic of the coronavirus takes a phenomenal extent. The virus has already affected thousands of people making the transition to more than 56 deaths in China, mainly in the region of Wuhan. Several documented cases have been confirmed in several continents, namely, Europe, America.
Because of the severity of the pandemic, Binance has decided to be in the forefront in support of victims of the virus via a donation of 1.5 million dollars. The news was announced by the CEO of Binance, Chanpgeng Zhao. At the same time, Binance would have the intention of supplying the region of Wuhan city, the epicenter of the disease, with 8,000 medical masks. However, because of the quarantine of Wuhan, Binance would be difficult to send medical masks to targeted individuals.

Binance engages in charitable works

Binance would also have been committed to come to the aid of victims of forest fires that have ravaged Australia. Through its platform charity, the crypto-exchange Binance is committed to donating a million dollars to disaster victims in australia.

“It is painful to see the forest fires that ravage Australia, as well as the devastating effects on the ecology and local communities. We want to help this crisis is urgent, ” said Changpeng Zhao, the CEO of Binance.

During the past year, the foundation Binance Charity has lent a hand to students who need it most by distributing over 5,000 meals from 11 schools as well as from sanitary towels to more than 10,000 young girls finding themselves in a precarious economic situation.
Binance does not stop in so good way and plans to increase philanthropic efforts in the years to come, underlines Changpgeng Zhao.
What do you think of the works of charity of Changpeng Zhao? Give your opinion in the comments section.
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Passionate about the universe geek, Clementine finds the news more interesting and involved in their drafting.

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Jeremiah Faber

Jeremiah Faber

Jeremiah is an explorer by heart – both in the physical and the digital realm. A traveler, Jeremiah continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Jeremiah and through his business acumen has gained financial profits as well as fame in his business niche.

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