Binance Helps Turkey Earthquake Victims By Airdropping Free BNB Tokens – Here's What You Need to Know

cryptonews.com:

Binance will airdrop $100 worth of BNB tokens to its Turkish users affected by the recent devastating earthquake. 

The world's largest crypto exchange announced Tuesday that it will airdrop BNB worth $100 to all Binance users identified to be living in 10 cities where the earthquake has had a significant impact, including Kahramanmaraş, Kilis, Diyarbakır, Adana, Osmaniye, Gaziantep, Şanlıurfa, Adıyaman, Malatya and Hatay. 

The exchange will identify eligible users using the Proof of Address (POA) process completed before February 6. Binance estimated that the total donations will be around $5 million USD (or 94,000,000 TRY). The exchange said:

"In the aftermath of natural disasters, people often lose access to traditional banking at the exact moment when extra funds are needed to help cover medical supplies, food and other essential needs."

Binance Charity has also launched a public crypto donation address that converts received funds to TRY and gives it to an "authorized NGO to help people in need." Binance founder and CEO CZ said: 

“The recent earthquakes in Turkey have had a devastating impact on so many people and communities. We hope that our efforts will bring some relief to those affected. We are also calling on our industry peers to once again come together to offer support in these times of crisis.”

Other organizations within the crypto ecosystem are also stepping up to support the unfortunate victims of the earthquake. 

On Monday, cryptocurrency exchange Bitget announced that it would direct 1 million Turkish Liras ($53,100) to the funds helping the earthquake victims in Turkey. The exchange also asked for assistance with local logistics.

Bitfinex, Keet, Synonym, and Tether have pledged TRY 5 million ($265,550) to go