Another Big Move by Binance

Another Big Move by Binance

One has to commend companies such as Binance for putting cryptocurrency companies in a positive spotlight. Rather than just focusing its attention on the industry it is active in, Binance is actively getting involved in philanthropic efforts. Its recent partnership in Uganda, for instance, is designed to create dozens of new jobs. The company’s move to Malta will create new jobs in that country as well."Another Big Move by Binance"

And if that wasn’t enough, Binance is now donating $1 million to victims of the floods and landslides in western Japan. The region has been hit by a series of disastrous events, causing millions to evacuate their homes and potentially never return. At the time of writing, several dozen individuals had been confirmed dead due to these landslides and floods, with several dozen more residents still unaccounted for.

Another Big Move by Binance

The way Binance will go about this donation is rather interesting. As one would expect, the company has opted to send this donation using cryptocurrency. More specifically, the firm has offered to send the funds with either Binance Coin or Bitcoin, depending on the relief organizers’ preferences. Another option would be to just settle the transaction in JPY, although such a transaction would be subject to fees and delays.

Moreover, the Binance CEO is asking all of his Twitter followers to contribute to this donation effort. Individual users, as well as cryptocurrency projects, can make a contribution. In the case of the latter, such a donation will supposedly help projects get listed on Binance faster, although this may be a joke on the part of the CEO. For listed projects, making contributions will score them brownie points first and foremost, which should not be underestimated by any means.'Another Big Move by Binance'

It is evident the cryptocurrency community can do a lot of social good when incidents like these take place. The cryptocurrency industry needs to get some positive PR at this time, yet that is much easier said than done. Binance is trying to make good things happen in this regard, but the company can’t carry this burden all on its own. Whether or not any cryptocurrency users will pitch in remains to be determined.

Another Big Move by Binance Another Big Move by Binance Reviewed by mir khaleq ali on 08:50 Rating: 5

9 comments:

  1. Today, binance is creating lot of buzz among people and currently binance coin is performing exceptionally very well. Most of the crypto influencers predicts that the binance coin price will rise in future.
    Lets take a quick look at:
    Binance coin Price Prediction
    binance coin price
    bnb coin price
    binance coin


    ReplyDelete
  2. I exactly got what you mean, thanks for posting. And, I am too much happy to find this website on the world of Google. bitcoin to euro

    ReplyDelete
  3. Im no expert, but I believe you just made an excellent point. You certainly fully understand what youre speaking about, and I can truly get behind that. Eltoken

    ReplyDelete
  4. This is highly informatics, crisp and clear. I think that everything has been described in systematic manner so that reader could get maximum information and learn many things. 星際母艦 NFT

    ReplyDelete
  5. You should mainly superior together with well-performing material, which means that see it: https://itatube.net/binance-referral-id-code/

    ReplyDelete
  6. I got too much interesting stuff on your blog. I guess I am not the only one having all the enjoyment here! Keep up the good work. eth to inr

    ReplyDelete
  7. Excellent information provided by you through this post. I follow all the mentioned information. Binance is an online exchange where users can trade cryptocurrencies. It supports most commonly traded cryptocurrencies. Binance provides a crypto wallet for traders to store their electronic funds. If you want to know how to invest in binance and How to withdraw money from binance, as many of us do not know about it clearly, then you can visit us at Crypto Wallet Support.

    ReplyDelete
  8. Hey, what kind of anti-spam plugin do you use for your blog.*`.`’ Coinstirs.com

    ReplyDelete
  9. Nice blog, I will keep visiting this blog very often. kanadské vízum online

    ReplyDelete

Powered by Blogger.