Binance to Donate $10M to Support Ukraine Crisis

Binance, one of the world’s largest cryptocurrency exchanges by trading volume, has announced a $10 million donation to Ukraine through its Binance Charity Foundation. Binance to Donate $10M The donation will help support displaced children and families in Ukraine and its neighboring countries and will be split between major intergovernmental organizations and nonprofit organizations including UNICEF, UNHCR, the UN Refugee Agency, iSans, and People in Need. #Binance is donating $10M to help the humanitarian crisis in Ukraine & @BinanceBCF launched the crypto-first crowdfunding Ukraine Emergency Relief Fund. 🇺🇦 Our focus is providing on-the-ground support. We just care about the people. ➡️ https://t.co/2vLFFbf5ac pic.twitter.com/vNSo9F3x7i — CZ 🔶 Binance (@cz_binance) February 27, 2022 In addition, the platform has also launched a crypto-first crowdfunding site, called Ukraine Emergency Relief Fund to allow people to donate in cryptocurrencies. The fund is dedicated to helping provide emergency relief to refugees and children and to supporting logistics on the ground such as food, fuel, and supplies for refugees. The Ukraine Emergency Fund has already raised over $6 million in donations. Similarly, FTX’s founder, Sam Bankman Fried also announced on donated $25 worth of cryptocurrency to each user in Ukraine following the Ukraine-Russian crisis. Crypto Donations Pour in Ukraine Ukraine continues to record a significant inflow...