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Binance Charity has launched a campaign to raise $ 5 million to donate to combat Covid-19

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Binance Charity has announced the launch of a new charity campaign for the Covid-19 emergency.

The campaign is called Crypto Against COVID and aims to raise $ 5 million in cryptocurrencies, specifically BTC, BUSD, BNB and XRP, which will be used mainly to buy medical supplies for the countries most affected by the virus, such as Italy, Germany, Spain, South Korea, Iran, Turkey, the United States and the United Kingdom.

Binance has allocated an initial donation of 1 million and is committed to donating up to 2 million through the #CryptoAgainstCOVID campaign to be promoted on social media. Additionally, the company will add $ 1 million in public donations received.

In February, the foundation had already launched the project “Binance for WuhanPledging to donate RMB 10,000,000, or about $ 1.4 million, to purchase medical supplies to support the battle against the virus in China.

Since March 20, the Binance Charity Foundation has already delivered to more than 300 hospitals and medical teams in the Chinese provinces and cities of Hubei, Sichuan, Guangxi and Shanghai:

  • 366,000 pairs of gloves,
  • 56,800 masks,
  • 9 sterilizers,
  • 173 barrels of disinfectant (approximately 5 tons),
  • 5,280 bottles of hand sanitizer,
  • 20,000 test kits,
  • 7,850 protective suits,
  • 20,000 pairs of glasses,
  • 388 oxygen concentrators,
  • 1000 germicidal lamps,

Those who wish to participate in this initiative can visit the foundation's website and donate even small amounts.

All transactions, based on blockchain, will be published in full transparency on the foundation's portal, while for any hospital requests or medical supplies and help you can contact (email protected)

The director of Binance Charity, Helen Hai, said:

“The most important element of human life is showing compassion and helping others as we can, without limitation or restriction of borders. Blockchain technology enables this in greater capacities than ever and Binance Charity wants to bring this to the masses. "

Binance Charity Senior Vice President, Jarred Winnadded:

"The crypto community is a growing force and we have an opportunity to strengthen this through philanthropy. We encourage the community to participate in this initiative as we unite against COVID-19 and together we will drive the impact. "



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