The Binance Charity Foundation launches the program Crypto Against COVID

March 30, 2020 by Clementine

The Binance Charity Foundation feels more than ever concerned by the fight against the spread of the terrible pandemic, the sars coronavirus. In this regard, the department dedicated to charitable works Binance recently organised a fundraising programme called Crypto Against COVID.

Several million dollars to the good cause

With this program, Binance plans to raise funds worth 5 million dollars through a number of crypto-currencies, including NBB, BTC, BUSD and XRP. The foundation will designate these funds in the purchase of medical supplies and relief to the countries severely affected by the pandemic, such as Italy, the United States and Spain and Germany.
Binance charge of the organization of the fund-raising. It provides the good example, by applying an initial donation of one million dollars.
The crypto-exchange promises to be more generous in allocating a million additional dollars, on the condition that his Twitter campaign gets a million retweets within seven days. In other words, a donation of $ 1 will be donated to the cause for every retweet received on the post.
During the announcement of the program, Changpeng Zhao (CZ), the founder as well as CEO of the platform of crypto-exchange, took the opportunity to encourage the public to support the project in these terms :

“We encourage the community to participate in this initiative so that we unite against COVID-19, and together, we will grow the impact”

Support that date

Binance stands out from its counterparts for its fervor in the fight against the spread of the COVID-19. Since the early days of the epidemic, Binance Charity has been the first to launch a fundraising project dedicated to China to equip the last of the medical supplies needed.
Up to now, the foundation continues to provide test kits, disinfectants, gloves as well as other forms of personal protective equipment (PPE) to mitigate the spread of the virus in Hubei, Sichuan, Guangxi, and Shanghai.
What do you think of the program Crypto Against COVID ? Respond in the comment section below.
(Be the FIRST to vote)

Passionate about the universe geek, Clementine finds the news more interesting and involved in their drafting. The latest articles by Clementine (see all)

Cryptocurrency Market