Binance charity launches with $1million donation.

Juggy777

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Quote from: ?? on ??

Binance has been far being mentioned in the news lately and I am quite happy with that.
They even bought CMC if I can recall correctly, where it should surely eliminate shitcoins getting listed as well as those coins with fake trading volume which I wasn't aware of before.
I was looking for quite sometime to invest into their coin BNB, and I might consider buying one soon.

I’m not surprised to see Binance name popping up a lot as they’re trying to build a positive image of their brand, because after last years hack their reputation did take a hit. @isaac_clarke22 it’s not a bad idea to buy some BNB, but make sure you’re buying other crypto’s too as a diversified portfolio will always help you generate more money.

Throwback:

https://www.bloomberg.com/news/articles/2019-05-08/crypto-exchange-giant-binance-reports-a-hack-of-7-000-bitcoin

enhu

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Binance have spent a lot of money even this crisis times. Recently they've just bought coinmarketcap worth $400M apart from donating money to their neighbors. Shows how wealthy binance have become since they started.

Quote from: eaLiTy on April 06, 2020, 10:22:47 AM

Quote from: Question123 on March 29, 2020, 12:30:16 AM

Binance exchange is best of all crypto exchange ever because they have a good heart to help people who really needed.

They are creating a monopoly and they have the liquidity and hence i used to trade with them but not anymore when they got hacked and they really need to take care of their security rather than having a big heart, CZ like to show off and that is what he is doing with all these donations news.

With the money they have, they can definitely make partners if not buy the established players in crypto industry. Its not gonna be surprising if they buy exchanges too.

soramon

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Great news from binance it put a smile on my face. 1 million dollars is huge it can be very usefull to help buying any healthy equipment to prevent covid-19 spread. I hope from this binance movement any whales on crypto can follow binance act. Donate some money to help other.

eaLiTy

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Quote from: Question123 on March 29, 2020, 12:30:16 AM

Binance exchange is best of all crypto exchange ever because they have a good heart to help people who really needed.

They are creating a monopoly and they have the liquidity and hence i used to trade with them but not anymore when they got hacked and they really need to take care of their security rather than having a big heart, CZ like to show off and that is what he is doing with all these donations news.

Quote from: Question123 on March 29, 2020, 12:30:16 AM

So we really need to trade to binance so they can be able to donate again to other charity so other people will benefits I really recommended this site . I don't like exchange who always the profit is going to the owner but it's still their choice because that is their income.

If you want to donate you can do that individually and you really do not need to wait for someone else to donate Tongue

. Looks like a paid advertisement from you Cheesy

.

On a serious note CZ is a billionaire and he can donate to any charity of his liking and he is one of the richest person in the crypto space.

Nasonn

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Binance has a good record of providing help in destitute situations every cryptocurrency project should give to charity to make the world know about cryptocurrency. Not only this, people need relieve materials from disasters anyone who's capable can help out.

bitcoin31

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A million dollars is huge money because on that money many people will help on from their donations.
If a Binance donate 1 million dollars so it means they earnings is millions dollars too in everymonth and.
This is not the first time that Binance donated because they have some in the last few months ago and I hope they have many more soon.

tsaroz

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Binance and CZ had been in the fore front when it comes to fulfilling their social responsibility. The charity work are appreciable as they are the one who came openly about charity and their efforts are followed by many in crypto sphere. Of course they are not perfect and they might have intentions of promotion, but still it's a charity many wealthy people and companies are still to greedy to make.

Iyanu14

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Quote from: kentrolla on March 25, 2020, 11:56:03 AM

When it comes to emergency help in crypto it's binance who are always stepping front, binance charity launches global $1million as a donation to fight against COVID-19. The funds will be mainly spent on medical equipments where people are desperately looking for that, Just before few months they donated 1million for the bush fire happened in Australia and now for medical emergency, guys I am overwhelmed and humbled to these team binance exchange....longlive guys...

https://www.google.com/amp/s/cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation/amp

That's so thoughtful of binance exchange. This generosity is attributed to the responsible management and the whole community of this reliable exchange. They've always step up in one way or the other in time of crises. Other big exchanges are also implored to follow the footstep of binance.

SistaFista

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That is very great, donation from binance which means donation from cryptocurrency world, it can create more awareness about crypto to peoples around the world. The medical equipments that can be used now are very limited, some donations will be much appreciated.
Good guy binance.

bits4books

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Crypto is not a religion but i like it

I respect for Balance for this decision. This is not only a plus in their karma, but also a big reputation plus for the entire crypto community as people who are ready to help in a difficult moment.
In these days we should be more friendly and unite again disease

Twinkledoe

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Quote from: Question123 on March 29, 2020, 12:30:16 AM

Binance exchange is best of all crypto exchange ever because they have a good heart to help people who really needed. I hope the other exchange like binance we know they are earning more money for every trade we do on their site so it times for them to share the blessings even a little percent.

So we really need to trade to binance so they can be able to donate again to other charity so other people will benefits I really recommended this site . I don't like exchange who always the profit is going to the owner but it's still their choice because that is their income.

This is one of the reasons why Binance can keep their position at the top of the game. The $1M donation is like a dust of their profit but at least they are giving back to the community. This will be another good reason why you should trade with BNB. And let's hope that other top exchanges will do the same. This will be a good promotion from non crypto users. They can see that crypto community has the capability to give aid at times of crisis.

SyndicateLabs

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Quote from: TheClownSong on March 28, 2020, 10:22:06 PM

Charity done by Binance in my opinion is good and needs to be emulated by other exchangers. In addition to making donations in the form of medical devices, there will be a large number of new members because they are familiar with cryptocurrency and how to transact or at least they will understand about cryptocurrency as a digital asset

They have done a great job up to now, and many people will surely know about Binance and this whole market in the future. In addition, I have the same hope as you, hoping other exchanges will follow Binance's actions, we need more charities to quickly stop this virus.

Question123

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Binance exchange is best of all crypto exchange ever because they have a good heart to help people who really needed. I hope the other exchange like binance we know they are earning more money for every trade we do on their site so it times for them to share the blessings even a little percent.

So we really need to trade to binance so they can be able to donate again to other charity so other people will benefits I really recommended this site . I don't like exchange who always the profit is going to the owner but it's still their choice because that is their income.

Crypto_lion

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It's really good to see the big enterprises and the billionaires and pilanthrophists contributing to the recovery of the poor and under privileged people . The day to day workers are the ones who are affected most by the lockdown that the covid has created . Many are struggling for food because of the lockdown.

Kupid002

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Quote from: ballerin and giroud on March 28, 2020, 06:51:25 PM

I will wait for another exchanges to do that, it will be horrible if just one exchange who spend their money for donation through. This time is to put our ego aside and and do whatever good we can. I have sent money to some donation platform. I feel like this virus is world disaster, there is no country, culture and community we have to put them aside. For the first that should ww help is doctor's equipment or personal protective equipment for health workers, just sad to see there is a country who wearing a raincoat when they examine covid 19 patients that is horrible.

Its actually a good idea that other exchange will follow what binance do it will help many people if every exchange manage to give donation a good way of advertisement + many donation will recieve that can be use to buy medical staff to the country that really need it.

BlackFor3st

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Quote from: kentrolla on March 25, 2020, 11:56:03 AM

When it comes to emergency help in crypto it's binance who are always stepping front, binance charity launches global $1million as a donation to fight against COVID-19. The funds will be mainly spent on medical equipments where people are desperately looking for that, Just before few months they donated 1million for the bush fire happened in Australia and now for medical emergency, guys I am overwhelmed and humbled to these team binance exchange....longlive guys...

https://www.google.com/amp/s/cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation/amp

It is a good move especially if the money will reach to those who badly in need because of this pandemic, it is a good amount of money that will surely help huge amount people and I am hoping that they will not just focus it to medical equipment's but also to the people who have nothing to eat. Gathering that huge amount of money is not that easy so it will be best if they will spend it wisely if they really want to help.

Good job Binance and I hope that you will continue your good deeds so others will also follow your lead because if there are many organizations who are willing to help many lives will be save for sure.

TheClownSong

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Activity: 1428

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Charity done by Binance in my opinion is good and needs to be emulated by other exchangers. In addition to making donations in the form of medical devices, there will be a large number of new members because they are familiar with cryptocurrency and how to transact or at least they will understand about cryptocurrency as a digital asset

stadus

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Quote from: litepool.ru on March 28, 2020, 08:05:52 AM

Quote from: stadus on March 28, 2020, 08:00:03 AM

Binance being a generous exchange, so this kind of news is not new to me.
They are making tons of profit from their donation so they can make donations, besides, this donation might only be accounted as expenses so it will lessened the amount of the taxes they are going to pay, $1 million is just a small amount of an exchange with over $3 billion trading volume per day.

https://coinmarketcap.com/exchanges/binance/

For them it was a small sum, but for us it was a great amount of money and they used it to support nations against Covid-19. It was truly the most generous act that I knew, no exchange could do the same. Even other big exchanges like Okex, Huobi ...

Well, that's true, and it's the reason why they are so successful over other big exchanges.

It's not only the first time they help when there is a crisis, they have been helping ever since and we can say that we can rely on them when there is a crisis, if people are willing to donate, maybe they can facilitate that also because they already build a good reputable in the crypto space.

Lexurdania

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Quote from: kentrolla on March 25, 2020, 11:56:03 AM

When it comes to emergency help in crypto it's binance who are always stepping front, binance charity launches global $1million as a donation to fight against COVID-19. The funds will be mainly spent on medical equipments where people are desperately looking for that, Just before few months they donated 1million for the bush fire happened in Australia and now for medical emergency, guys I am overwhelmed and humbled to these team binance exchange....longlive guys...

https://www.google.com/amp/s/cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation/amp

Many countries have difficulty dealing with coronavirus and they lack a lot of medical devices. I think this is a good initiative because besides helping in handling crises, it also introduces crypto to the public indirectly

nikki4

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Quote from: kentrolla on March 25, 2020, 11:56:03 AM

When it comes to emergency help in crypto it's binance who are always stepping front, binance charity launches global $1million as a donation to fight against COVID-19. The funds will be mainly spent on medical equipments where people are desperately looking for that, Just before few months they donated 1million for the bush fire happened in Australia and now for medical emergency, guys I am overwhelmed and humbled to these team binance exchange....longlive guys...

https://www.google.com/amp/s/cointelegraph.com/news/binance-charity-launches-global-crypto-against-covid-initiative-with-1-mln-donation/amp

Binance is doing great from Binance exchange launched. Your retweet will become 1 USD donation for fight against coronavirus. I'm surprised that they give another task if retweet overcome 1 million than Binance will donate another 1 million USD to safe the world. What will happen if Binance can do everything monopoly.

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