In response to the devastation caused by the recent earthquake in Morocco, the Binance Charity will distribute up to $ 3 million in BNB to Binance users identified as living in areas affected by the tragedy. This is according to the statement made by Binance today.

The identity of the users will be based on the Proof of Address (POA) completed in Marrakech-Safi Province before September 9. This area was subjected to the most significant impact. Users who completed the POA in the Marrakech-Safi Province region before this date will each receive $100 BNB directly from their Binance accounts.

”We are aware that many users in the affected area may not have completed the POA yet," the statement said.

September 9, 2023 and for any existing user who completed the POA before September 30, 2023, we will donate $ 25 BNB directly to your Binance account.”

#Binance statement

In addition, Binance will issue $10 BNB to active traders who are not in the affected area throughout Morocco. The Binance team expects the efforts to reach about 70,000 Binance users living in Morocco.

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The funds will reach users from September 12, 2023.

Binance Charity has also launched a public donation address for anyone who will donate to those affected by the Morocco earthquake. ”For everything we receive at this address, we will donate the total amount of crypto to an authorized NGO (to be named soon) to help people in need," the charity says.

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CZ, founder and CEO of Binance, said: "The impact of the earthquake on the Moroccan people is devastating. We hope we can provide some support to those affected. For Moroccan users who received these donations but were not affected by the earthquake, we ask them to transfer the funds to those who need it the most.” #crypto2023 #BNB #czbinance