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Binance Donates $1M To Flood Victims in Japan

The world’s biggest cryptocurrency exchange, Binance, has vowed $1 million for the victims of the floods in Japan. Binance CEO Changpeng Zhao has also commended the crypto community to contribute to the cause. At least 64 people have been killed and 44 others have been missing in flooding and victories affected by heavy rain in western and central Japan.

Japan floods and landslides have done several damages in the western part of the country. More than 60 people have been reported dead, and more than 50 people are still missing.

On the other hand, 1.5 million people have been well-ordered by the Japanese authority to empty their homes. As per the authorities, this could be the worst weather tragedy in the last two decades.

Due to this incident, Zhao has decided to donate to aid the victim. Moreover, he also said that he might take into considerations the donations which will be coming from Binance forthcoming listing requests towards the listing fees.

Cryptocurrency Exchange – Binance

According to Sludge Feed News, Binance which encountered confrontation with authorities in Hong Kong and Japan soon has plans to allow customers at venues in Bermuda, Malta, and Uganda.

It plans to facilitate customers at these venues to convert their virtual tokens to fiat currencies including the Euro. Binance is all set to accelerate its growth.

This year, Binance Coin has overlooked the bearish trend in the market and has gone its own way. The coin started the year at about $8.25 on January 1st. It’s now $13.99– a gain of about 69% in total.

According to the Sludge Feed report, Binance is one of the fastest growing and most popular cryptocurrency exchange system in the world of digital trading. It focusses on the Chinese market and other Chinese coins. This is an online depositing system and is easier when you do it with a Bitcoin or Ethereum.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]

As a professional blogger and news writer, Akshada presents unique pieces that are logical, well-structured and appealing to the audience.

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