Binance Charity Mobilizes $1.5M in BNB for Earthquake Relief in Myanmar & Thailand

Crypto Aid in Action 🌍

After devastating earthquakes rocked Myanmar and Thailand, Binance Charity and co-founder Changpeng Zhao (CZ) have stepped up, launching a $1.5 million relief effort in Binance Coin (BNB). The goal? To deliver fast, transparent financial aid to those hit hardest. 🏚️💰

Who’s Getting Help? 🤝

The relief fund is aimed at Binance and Binance TH users who live in the most affected areas. Aid distribution will be based on KYC (Know Your Customer) or POA (Proof of Address) details, ensuring the funds reach those in need. Here’s how it works:

• Myanmar: Verified users get $5 in BNB, while those in the hardest-hit areas receive $50.
• Thailand: Registered users on Gulf Binance get $5, with residents of impacted zones receiving $10.

CZ personally pledged 500 BNB to both Myanmar and Thailand, reinforcing Binance’s commitment to humanitarian efforts. 🙌

Crypto’s Role in Disaster Relief 🏗️

Binance CEO Richard Teng highlighted how blockchain technology offers a fast, efficient, and transparent way to distribute aid. Unlike traditional relief efforts that often face bureaucratic delays, crypto ensures instant financial support with zero middlemen.

This initiative is part of Binance Charity’s broader mission to show that crypto can drive real-world change, proving that digital assets aren’t just investments—they’re tools for impact. 🚀

TL;DR:

• Binance Charity & CZ launch a $1.5M BNB relief fund for earthquake victims in Myanmar & Thailand. 🌍
• Aid is distributed via KYC/POA verification, with affected users receiving up to $50 in BNB. 💰
• Crypto enables rapid, transparent disaster relief, cutting out middlemen. 🚀