Binance Donates $1 million BNB As Aid To Australia’s Bushfires

Binance donates $1 million BNB coins to help fighting the fight against the massive bushfires that are ongoing in Australia right now where 10 million hectares of land were destroyed and 2500 homes burnt to the ground as per the latest reports that we are reading in our crypto news today.

More than 500 million animals have died as well so many institutions and people from around the world have decided to respond to the current situation by providing help in money, manpower, prayers and any kind of donations to help the continent.
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One such donation came from the Binance Charity Foundation which is the blockchain-based branch of the world’s largest crypto exchange Binance.

Binance donates about $1 million worth of BNB coins as a part of the new charity project, the Australia Bushfire Donations, in order to raise more funds for the extremely painful and harsh situation in Australia. According to Binance, the funds were raised as a part of the new initiative of the charity branch and will be ‘’used to help alleviate the impact of this disaster and facilitate the restoration afterward.’’ Speaking about the donation, the CEO of Binance Changpeng Zhao, noted that it is extremely saddening to watch the fires spread with incredible speed across the continent and that its effecting human lives, animals, homes and the entire ecology of the world:

 “Donating for Australia Bushfires charity program is the most direct and effective approach to make an impact, and we are also calling for the whole crypto community to join us in supporting Australia.’’

The members of the crypto community that want to become a part of the Australia Bushfire donation charity project can also donate with the Binance coin on the Binance charity platform which is transparent and decentralized. More than 13 donations have been made so far, reaching 120.5486 BTC. In the meantime, many crypto influencers such as Alex Saunders have rallied the members of the crypto community to show the world the power that Bitcoin has in donating especially for a cause such as the Australian Rural Fire Service. The data shows that more than $12,040 has been sent to a designated BTC address so far.