Binance Stands with Morocco Earthquake Victims

In the wake of a devastating earthquake that rocked
Morocco on September 8, causing casualties in Marrakech, Binance has pledged
USD $3 million in Binance Coin (BNB) to assist the victims of this disaster.

Binance’s initiative
involves issuing a series of airdrops, collectively worth up to USD $3 million
in its native BNB, to users residing in Morocco’s heavily impacted Marrakech region.
This earthquake, registering a magnitude of 7 on the Richter scale, left more
than 2,000 fatalities in Marrakech, the nation’s fourth-largest city.

Changpeng Zhao, the
Founder and CEO of Binance, expressed deep sympathy for the Moroccan people,
saying: The impact of the earthquake on the Moroccan people is devastating. We
hope we can bring some support to those affected. For Moroccan users who
receive these donations but are not impacted by the earthquake, we ask them to pass
the fund on to those most in need.”

Users residing in the
Marrakech-Safi province, the hardest hit area, will receive USD $100 worth of
BNB tokens directly into their Binance accounts. For Moroccan users outside of
this region, Binance plans to airdrop
Airdrop

An airdrop is defined as the distribution of a cryptocurrency token to numerous wallet addresses, in most instances free of charge.Airdrops are primarily utilized as a way of a project garnering higher levels of attention and new followers. Such efforts are important in culturing a larger user-base and a wider disbursement of coins.Airdrops can be seen as a marketing tool. They are usually used as a promotional effort to encourage liquidity in the markets for these coins, since users are more li

An airdrop is defined as the distribution of a cryptocurrency token to numerous wallet addresses, in most instances free of charge.Airdrops are primarily utilized as a way of a project garnering higher levels of attention and new followers. Such efforts are important in culturing a larger user-base and a wider disbursement of coins.Airdrops can be seen as a marketing tool. They are usually used as a promotional effort to encourage liquidity in the markets for these coins, since users are more li
Read this Term $10 in BNB to each user. This initiative
will benefit nearly 70,000 Binance’s users residing in Morocco, with the aid
distribution schedules to…