{"id":128941,"date":"2020-03-25T14:00:41","date_gmt":"2020-03-25T14:00:41","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=128941"},"modified":"2020-03-25T14:06:12","modified_gmt":"2020-03-25T14:06:12","slug":"binance-to-raise-5-million-to-help-with-the-global-pandemic","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/binance-to-raise-5-million-to-help-with-the-global-pandemic\/","title":{"rendered":"Binance to raise $5 million to help with the global pandemic"},"content":{"rendered":"

Binance announced that it is looking to raise $5 million worth of cryptocurrencies to help the most affected countries tackle the ongoing global pandemic.<\/p>\n

Crypto against COVID<\/h2>\n

As of today, the number of confirmed COVID-19 cases worldwide is nearing 400,000, according<\/a> to the World Health Organization (WHO). The virus has spread throughout 195 countries, areas and territories, and more than 16,000 people have died as a result of the pandemic.<\/p>\n

Among the worst affected countries rank China with over 80,000 confirmed cases, Italy with nearly 64,000 cases, the U.S. with 42,000 cases, and Spain with 33,000.<\/p>\n

The rapid widespread transmission of coronavirus motivated Binance Charity, the blockchain-powered donation platform of the world\u2019s largest cryptocurrency exchange by trading volume Binance<\/a>, to create a new fundraising project<\/a> that is directed to help the countries worst affected by the virus.<\/p>\n

Jarred Winn, Senior Vice President of Charity at Binance, said:<\/p>\n

\u201cThe crypto community is a growing force and we have an opportunity to strengthen this through philanthropy. We encourage the community to take part in this initiative as we unite against COVID-19, and together, we\u2019ll drive impact.\u201d<\/p><\/blockquote>\n

Binance will be leading the \u201cCrypto Against COVID<\/a>\u201d initiative by donating an initial amount of $1 million worth of Binance USD<\/a> (BUSD). Additionally, the crypto exchange giant also committed to donating up to $2 million through the #CryptoAgainstCOVID<\/a> social media campaign and will match $1 million of public donations received.<\/p>\n

For those who want to help simply go to the Crypto Against COVID website<\/a> and donate using Bitcoin<\/a>,\u00a0Binance Coin<\/a>, BUSD or XRP<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance announced that it is looking to raise $5 million worth of cryptocurrencies to help the most affected countries tackle the ongoing global pandemic. Crypto against COVID As of today, the number of confirmed COVID-19 cases worldwide is nearing 400,000, according to the World Health Organization (WHO). 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