Binance to help Coronavirus victims - page 2.

Kasabus

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Quote from: istiak2277 on January 31, 2020, 05:20:13 AM

Yes, I have heard that news. I think they are doing it for their marketing purpose and I think it's okay.

Please stop thinking that way, they are doing this to help not to advertise, yes they are a business and this would help them for publicity but the main purpose is really to help, Binance has been doing this, they are actively giving donations when there's a crisis.

They also have Binance charity.
https://www.binance.com/en/blog/324485983412543488/Binance-Charity-FAQ-Empowering-the-Bottom-Billion-with-Blockchain-Transparency

istiak2277

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KUWA.ai

Yes, I have heard that news. I think they are doing it for their marketing purpose and I think it's okay. The only thing we can count is their help for the people which is much needed right now.

barbara44

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Platforms like binance already have made immense profits and it would never mind them to share some amount of their profits for helping some countries. I can't find out a reason behind why binance decided to help only china. Corona virus is been spreading vastly and also a number of countries have been victims of the corona virus.

National Government Organisations too have started giving their helping hands to individuals infected with the corona virus but to what extend can they be successful to save lives of people with limited funds?

But in cryptocurrency platforms, we have a number of huge projects and if by any chance each of those platforms starts financially supporting countries infected with corona virus than I am sure that we would see corona virus vanishing in less than a week. This is the power of cryptocurrencies and most of the countries should understand this.

shoreno

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Quote from: pandanaran on January 30, 2020, 01:17:10 PM

this is good news, that Binance is helping the victims of the Corona Virus in China. with a step like this of course can have a positive impact globally as well as for the people who are there. this is what they need to do to introduce the cryptoqurrency industry, in connection with this, hopefully there will be no more victims due to the Corona Virus attack.

i love thier advocacy not just them but others too that comes out and help whenever there are severe outbreaks but they really need to wait for that to happen before they decided to help the masses ? why cant they just donate sincerly with all thier heart even if there were no bad events that are happening ? anyway , i heard that binance owners are chinese too ? and they only help china ? but it would be better if they can help other countries too .

pandanaran

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this is good news, that Binance is helping the victims of the Corona Virus in China. with a step like this of course can have a positive impact globally as well as for the people who are there. this is what they need to do to introduce the cryptoqurrency industry, in connection with this, hopefully there will be no more victims due to the Corona Virus attack.

bitgolden

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Quote from: shiming on January 30, 2020, 06:09:07 AM

At present, the virus does not have a specific medicine, only rely on its own immunity. Expect countries to develop vaccines. Effective treatment for this virus. Binance donated money to the disaster-stricken areas, which greatly improved the visibility of the currency circle and contributed to society. I think more cryptocurrency companies are joining this event.

Any virus needs to have an antidote in order to spread the contamination on a large scale. This virus is spreading it's roots and many countries already have been victims of this virus. That might indicate us that the antidote for corona virus is not yet available in the medical markets. This would really be detrimental and a lot of lives could be lost.

There would need a lot of funds in order to prepare a antidote for this virus also newly emerging technologies might be needed in order to do so. This might be a best chance for any of the crypto related project related to the medical science to use their technologies and funds to generate a antidote for corona virus. By any chance if they succeed, this would be the highest achievement by the cryptocurrency projects towards the betterment of the society.

cytpoway121

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I have not read about binance but this is definitely a big move helping out to curb the Corona virus and helping victims

I also saw in hydax exchange channel who are doing the same volunteering.

Good move from both exchange, hopefully other exchanges help out in ways convenient for then

Yudam

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This is truly extraordinary, I really respect the magnanimity of Binance.with the Corona Virus problem experienced by China that never met the resolution of binance shows a sense of humanity, besides that on the other hand this can be a good opportunity for binance in starting cooperation with the Chinese government.

shiming

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At present, the virus does not have a specific medicine, only rely on its own immunity. Expect countries to develop vaccines. Effective treatment for this virus. Binance donated money to the disaster-stricken areas, which greatly improved the visibility of the currency circle and contributed to society. I think more cryptocurrency companies are joining this event.

OrangeII

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Quote from: lienfaye on January 30, 2020, 02:13:58 AM

Good move for binance CEO to give support on the victim of corona virus. Im sure it will have a positive impact to binance exchange because of his good deed for others.

But is there already cure for this virus? Hoping it wont spread further as many people will become affected not just the city of Wuhan and China but also the other country as well.

So far, there is no cure for this virus, therefore, I have heard the Chinese government quarantine the city of Wuhun to stop the spread of this virus. Beyond that, CEO Binance is very responsive to this situation and provides assistance. this is a very good movement for binance, and makes me think that this exchanger will really develop rapidly in the future. after the hacker problem, that doesn't stop them from helping.

lienfaye

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Good move for binance CEO to give support on the victim of corona virus. Im sure it will have a positive impact to binance exchange because of his good deed for others.

But is there already cure for this virus? Hoping it wont spread further as many people will become affected not just the city of Wuhan and China but also the other country as well.

ntsdm1

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In fact, the founder of the exchange Binance does everything correctly and shows an example to everyone else.You should not think only about profit when there is such a serious danger.

reallester

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Wao.. this is really amazing and thoughtful of Binance to helping out victims of the Virus. Ofcourse, this will alongside promote cryptocurrency as a whole, and Binance exchange. Am sure this act would bring about Mass adoption and acceptance of cryptocurrency. Thank you Binance.

el kaka22

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I doubt money or anything at this moment is really an issue for China to prevent this. China is so big and has so many people and they are so rich that, they are literally using their man power to build a hospital in 6 days, I am not joking, a whole ass hospital in just SIX days.

So, I doubt they need money or they need charity, they only need time and with time they will fix this as well. Unfortunately, world is always very shocked whenever they hear a new virus on the break, we have watched too many zombie movies so whenever something new happens in these virus breaks people are afraid suddenly we will live in a horrible world but the reality is, this is just an improved version of an already existing virus, we found a way to combat the lesser version, we will take care of this as well.

Fallenkeith75

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Hi Crypto Friends :)

Quote from: Denongels on January 29, 2020, 02:02:30 PM

I like this Binance Foundation and CZ are good things and I hope their donations will continue going forward given that current, binance exchange is a large exchange, and I have been monitoring the charity of Binance Foundation and always on target regardless of race or others, unfortunately some other large exchanges don't open a foundation even though if they open it might be a good thing for their company.

Same, I think Charity is always important.

Plinteng

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https://goldeth.io/

this is good news for the crypto market as well as a big step forward for the image of the Binance company after making a donation to victims of the corona virus in China. thus people who do not know what cypto is certainly can become known. I think the steps from Binance are very good.

WOPR

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If all crypto leaders did this would be a big help. I feel terrible watching news daily and the amount of deaths increasing rapidly.

Fallenkeith75

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Hi Crypto Friends :)

Quote from: Debonaire217 on January 28, 2020, 10:17:58 AM

Have you ever heard that binance is now taking huge step to help Coronavirus victims in Wuhan China? Their CEO, CZ announced that exchange promised about 1.5 million Dollars in USD to help the victims.

Link

Probably, cryptocurrency projects, exchanges and platforms aren't just made for profits of the great mind behind the project, but to willingly support the world in need.

In addition, I am thinking of the possible effects that Coronavirus could have to the market, and now I have the answer, Coronavirus will trigger people to withdraw their funds and to basically help people that badly needs support, and despite of its effect that could possible turn the market down, what is important is to help, and to make the world a better place to live in.

Lastly, Money and investment could be retrieved in the future, but what we could do to help China using cryptocurrency is what will make them understand that cryptocurrency is essential, and has the power to prolong life.

The issue is, I think its more of a PR stunt than anything, but I do love the idea of what they're doing.

Denongels

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I like this Binance Foundation and CZ are good things and I hope their donations will continue going forward given that current, binance exchange is a large exchange, and I have been monitoring the charity of Binance Foundation and always on target regardless of race or others, unfortunately some other large exchanges don't open a foundation even though if they open it might be a good thing for their company.

mcnocon2

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Binance is really doing good in this field, they even have their own charity team to help people in needs. And this is not the first time they help, they always help people in a regular basis and it comes from the binance itself. Hope that Binance will here to stay long as they are very helpful for the people in need. And take note that they help the Philippines as well on Taal victims.

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