Currency exchanges pledge to help the victims of the earthquake in Turkey

After the devastating earthquake that has so far killed more than 1,700 people and leveled parts of Turkey and Syria, support is pouring in from the cryptocurrency sector, and several cryptocurrency exchanges have already started preparing relief packages for those affected.

A magnitude 7.8 earthquake rocked Turkey’s Kahramanmaras province, followed by another of the same magnitude at lunchtime with a magnitude of 7.5, and dozens of smaller tremors were felt across the two neighboring countries and beyond on Monday, February 6.

Governments and organizations around the world have fast flocked To help the victims, providing assistance with medicine, rescue equipment, financing and manpower, with similar relief efforts pledged by several cryptocurrency exchanges, including, Binance, Bitfinex, Bitget, Bybit, Bitget and BitMEX.

promises to help

Yes, the Twitter channel advertiser The platform “has started preparing relief packages to help those living in the earthquake zone in Turkey” and will “deliver them in coordination with the authorities,” while Binance CEO Changpeng Zhao said. subscriber Expressing support and promising to help.

This sentiment was also shared by Bitfinex, which He said She worked on an aid package to support those affected by the earthquake, as did Bybit, which echo Feelings of grief, stressing that “help is on its way to the affected area.”

She was join In their idea of ​​BitMEX, which marked It will be in order to donate the proceeds from this week’s trading contest to the Red Crescent, and encourage those who can donate to do the same, with concrete action by Bitget.

Turkey is the largest cryptocurrency market in the Middle East and North Africa (MENA), a region that emerged in 2022 to record the highest year-on-year crypto transaction volume growth among all other regions.

As it happens, Turkey ranks 12th among all countries in the Chainanalysis 2022 Global Cryptocurrency Adoption Index, with an annual growth in crypto transaction volume of 10.5%, as its citizens received $192 billion in cryptocurrency from July 2021 to June 2022. As reported by Coinphony On October 21st.

The cryptocurrency exchange pledge after helping Turkey earthquake victims appeared first on Coinphony.

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