Binance Steps Up: $3M In BNB Donated To Earthquake-Hit Morocco
Portfolio Pulse from Murtuza Merchant
Binance Charity has pledged to distribute up to $3 million in BNB tokens to Binance users in Morocco affected by a recent earthquake. Users in the hardest-hit Marrakesh-Safi Province who had completed their Proof of Address (POA) by Sept. 9, 2023, are eligible to receive an airdrop of $100 in BNB. Those completing their POA between Sept. 9 and Sept. 30 will receive $25 in BNB. Active Binance users throughout Morocco will receive an airdrop of $10 in BNB. Binance anticipates that approximately 70,000 Moroccan users will benefit from these relief measures.
September 12, 2023 | 2:26 pm
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POSITIVE IMPACT
Binance's charity initiative could potentially increase the demand for BNB tokens in the short term.
The distribution of BNB tokens as part of a charity initiative could increase the demand for the token, potentially leading to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Bitcoin is one of the cryptocurrencies accepted for donations, which could potentially increase its demand.
As Bitcoin is one of the cryptocurrencies accepted for donations, this could potentially increase its demand.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Binance USD is one of the cryptocurrencies accepted for donations, which could potentially increase its demand.
As Binance USD is one of the cryptocurrencies accepted for donations, this could potentially increase its demand.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Ethereum is one of the cryptocurrencies accepted for donations, which could potentially increase its demand.
As Ethereum is one of the cryptocurrencies accepted for donations, this could potentially increase its demand.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
USD Coin is one of the cryptocurrencies accepted for donations, which could potentially increase its demand.
As USD Coin is one of the cryptocurrencies accepted for donations, this could potentially increase its demand.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Tether is one of the cryptocurrencies accepted for donations, which could potentially increase its demand.
As Tether is one of the cryptocurrencies accepted for donations, this could potentially increase its demand.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50