"We Hope This Brings Relief": Binance Steps Up with $1M BNB Airdrop for Typhoon Yagi Survivors
Binance Charity has initiated another philanthropic campaign.
The initiative targets users impacted by Typhoon Yagi in Vietnam.
Impacted users must meet certain requirements to receive donations.
Crypto exchange Binance announced Friday the launch of a new philanthropic initiative in response to the damage and destruction caused by recent Typhoon Yagi in Northern Vietnam.
Typhoon Yagi, the most devastating to hit Asia this year, landed on Vietnam’s northeastern coast on September 7, collapsing the Phong Chau bridge two days later. The disastrous storm had claimed the lives of 226 people, with over 100 reported missing as of September 12.
Binance’s Response to Typhoon Yagi
According to a statement on September 13, Binance Charity will airdrop up to $1 million in BNB to registered Binance users identified as residents in the area impacted by the typhoon. These users will be identified based on their POA (proof-of-address) information indicating they live in one of the 25 cities that suffered the most significant impact, including the capital, Hanoi. Sponsored
Users who completed their POA before September 10 will receive $50 in BNB directly to their Binance accounts, while those who had a registered account before this date will receive $20 worth of the token if they fill in their POA by September 30.
Binance CEO Richard Teng sent condolences to those impacted by Typhoon Yagi in Vietnam and reiterated the exchange’s support to help the community recover from the disaster.
“We’d like to send our sincere condolences to those who are impacted by the devastating typhoon Yagi in Vietnam. We hope that our efforts can bring some relief to those affected. We stand in solidarity with the community members and hope the community can recover from this disaster soon,” Teng stated.
Per the statement, beneficiaries of the philanthropic airdrop campaign will start receiving donations in their accounts on September 16.
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