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Topic: Binance charity launches with $1million donation. - page 2. (Read 529 times)

member
Activity: 868
Merit: 16
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.
sr. member
Activity: 1036
Merit: 275
Yeah, I got to know of this kind gesure which CZ displayed to all those who have been hit by this pandemic disease. This money would surely help mitigate and bring some relieve to all those have been hit in these times. I just hope that CEOs of other successful projects should also do likewise and make some donations in support of this pandemic.  In the long run it would expose the crypto industry to the outside world.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO

I remember the CEO also donated during the wildfire that happened months ago and now he is doing it again which shows that saving humanity is very important to him. Through this way, Binance exchange will continue getting new users while showiing to the world that cryptocurrency exchanges can really contribute to the good of all humanity. It is really good to know that Binance exchange is doing such thus still proving to be the best exchange.
full member
Activity: 1568
Merit: 100
COMBONetwork
one of the very popular exchanges to make donations is the right step to introduce cryptocurrency to people in the midst of this disaster, I really appreciate it, if people think that cryptocurrency is an important thing in the future, then demand will experience an increase and a positive impact on bitcoin will be seen, hopefully
member
Activity: 1764
Merit: 10
Binance, of course, well done, this is not the first time they have done good deeds and I am confident in the future that they will constantly make various donations to those in need, I hope the rest of the top cryptocurrency exchanges will also connect to Binance and will begin to help in the fight against the corona virus.
full member
Activity: 531
Merit: 100
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 ...
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
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/
legendary
Activity: 1498
Merit: 1000
To be sincere , I now see Binance as the biggest exchange and not just the biggest, but the number one exchange in the cryptocurrency community. I have never seen any other exchange that has done as much as Binance has done, these people have really contributed a lot and I’m starting to love this.

If in future the government should decide to shut down cryptocurrency exchanges , this is the only cryptocurrency exchange that doesn’t need to be shut down, others can go down for all I care, but not Binance, they have really done a lot since they started. Anytime there are problems like this, it’s only Binance that I know that comes up and show support. Binance is the best Smiley.
Binance is the best exchange in this market in every way, they do their job well and make users and investors happy. One of the best issues they did last year was the IEO projects, they helped keep the IEO trend strong and helped a lot of investors make a profit in 2019.
sr. member
Activity: 1036
Merit: 329
Not sure if this is some humanitarian effort but I must say binance has really changed how crypto businesses are run which is very commendable, a reason they are still the number one exchange hope others emulate this gesture as the people that build the business are in dangered by the covid19 virus.
That kind of huminatarian effort not only help countries affected but also help to crypto currency to be popular around the world.
A way to share thier post is also a good advertisement for them and thats a free ads with a porpuses  to help those country with many infected they still thinking for business thats why they are asking people to share that post.
hero member
Activity: 1876
Merit: 512
People need to give it to Binance, what the exchange has done for the space and is still doing is very huge, can you imagine what would happens when all these Corona virus thing has ended, they are well positioned to make the most of the gains that comes with it
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
To be sincere , I now see Binance as the biggest exchange and not just the biggest, but the number one exchange in the cryptocurrency community. I have never seen any other exchange that has done as much as Binance has done, these people have really contributed a lot and I’m starting to love this.

If in future the government should decide to shut down cryptocurrency exchanges , this is the only cryptocurrency exchange that doesn’t need to be shut down, others can go down for all I care, but not Binance, they have really done a lot since they started. Anytime there are problems like this, it’s only Binance that I know that comes up and show support. Binance is the best Smiley.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
Great, Binance is increasingly proving their leading position in the cryptocurrency market.
I hope the contribution will be used appropriately to combat the corona pandemic.
If everyone tries, I believe we will win this epidemic.
for some reason, I think that all the money that Binance has allocated will be used for their purposes by the people who receive it. maybe this is just a simple money laundering. I am very unsure of the honesty of Binance. but I could be wrong.
jr. member
Activity: 34
Merit: 2
Not sure if this is some humanitarian effort but I must say binance has really changed how crypto businesses are run which is very commendable, a reason they are still the number one exchange hope others emulate this gesture as the people that build the business are in dangered by the covid19 virus.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
CZ has always been open about helping out the crypto world and regular world with the amount of money he makes, binance is a huge company that is literally making this in less than a month so I guess he was right, he never lied to anyone about actually being helpful.

It means dude is actually doing what he does not just for the money or fame but also for helping others as well and that type of people should be making money, not the type of people like Jeff Bezos who works people in warehouses 16 hours a day without toilet breaks and cause them to die.

It doesn't matter who he gave that million dollars, you may agree with him on his charity choice or not, but the fact is dude is a helper and we need more helpers. You may disagree with him over steem or over something else but that makes him right or wrong on just one subject, doesn't change the fact that he is a good person.
Binance always has a lot of followers when CZ makes a donation to humanity then it will be better and welcomed by his followers by donating this charity will help our brothers who need it in times like these conditions.
CZ is a generous person, I'm sure he will do the best for Covid-19, even though there have been many donations where open donations by CZ.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
CZ has always been open about helping out the crypto world and regular world with the amount of money he makes, binance is a huge company that is literally making this in less than a month so I guess he was right, he never lied to anyone about actually being helpful.

It means dude is actually doing what he does not just for the money or fame but also for helping others as well and that type of people should be making money, not the type of people like Jeff Bezos who works people in warehouses 16 hours a day without toilet breaks and cause them to die.

It doesn't matter who he gave that million dollars, you may agree with him on his charity choice or not, but the fact is dude is a helper and we need more helpers. You may disagree with him over steem or over something else but that makes him right or wrong on just one subject, doesn't change the fact that he is a good person.
hero member
Activity: 1249
Merit: 506
Great, Binance is increasingly proving their leading position in the cryptocurrency market.
I hope the contribution will be used appropriately to combat the corona pandemic.
If everyone tries, I believe we will win this epidemic.
jr. member
Activity: 490
Merit: 3
A great initiative taken by the Binance Management to help the needy people in tough time, I was also Re-Tweet and join the campaign. No doubt this really tough time for humanity against this deadly COVID-19.
full member
Activity: 573
Merit: 102
Binance charges anywhere from $1 million to $5 million for a single IEO listing. I am not saying that this is a small amount, as any amount would come handy in the fight against COVID 19. But given that the disease originated in China and many of the Binance promoters are Chinese citizens, they should have made this step at least a couple of weeks ago. I hope that the other exchanges will also follow this example.

Binance is indeed a folk hero and i seriously doubt if their IEO listing price is that much, i used to know that listing a coin on Binance was once $1 millions, then it was later reduced massively and as at then, the money do goes directly to charity and not their account. I read on their official announcement page the donation amount was increased to $5 millions https://www.binance.com/en/blog/421499824684900478/Binance-Charity-Initiates-$5-Million-Coronavirus-Relief-Campaign-with-Donation-Matching-Commitment.
It's indeed a huge amount and a great way of pushing cryptocurrency adoption. An end to the global crisis will begins a new bullish movement for the cryptocurrency market too.
member
Activity: 686
Merit: 35
I should say Binance is an Ambassador Brand that always represents and step up whenever it is required,  this is definitely a great humanitarian service to ease the situation of the pandemic, other exchange should emulate this kind gesture instead of always looking for how to get without thinking of given back.
full member
Activity: 1498
Merit: 146
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 no wonder that they are going to help the world in such conditions because they are making money than any other trading platforms and by doing this they are going to gain more and more reputation so it is combination of helping mind and also long term investment to bring more people into their trading platform and other future projects.
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