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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

Great news about Binance, Just like what happened when their is a calamity in Australia donating a big amount of donation.

Binance already have a good record helping and donating funds to those in need and also binance have a active mass adaptation to their websites, adding a lot of features and countries where binance could easily be use.
I think this is already a productive early year for Binance, Good Job to them!

Great news, Binance keeps surprising us. They already did help china with all sorts of medical supplies, in January, and they have been distributed to several hospitals. This initiative, also, will mostly go to countries with the highest numbers of infected people but honestly, someone should think of third world countries, they are the real ones who will suffer tremendous damages if their citizens don't abide by the general lockdown policy because they don't have strong means to confront the virus.

I think the most important thing stopping peoples from giving charity is the lack of confidence in how their money will be distributed and their fear that the process get corrupted. Blockchain provide the best solution for such problems since all transaction can be publically published.

I think it is good that binance is taking the lead in this situation, winning the hearts of millions with their benevolence acts and donations to man kind.
I am sure for long we will remember the goodness that Binance has brought to all people on heart.

And i do hope this gestures pushes other exchange to donate something to the world.

Don't forget to stay safe and indoors.

Really nice initiative but i hope they will provide this aide to the most needy countries, i think countries like Iran should be helped they are already facing global sancrions and corona infections are reportedly the most there as conpared to surroundings and they seem to be failing in controlling it as new deaths are increasing on a daily basis. I think it is time to think above politics think about Humanity.

The CEO of Binance is a great and humble guy! I haven't found any other guy like him! He is always desperate to help people, the world. A few days ago he said Binance will protect Bitcoin from being zero value as there was a rumour about Bitcoin dead! I saw the giveaway tweet and I will participate there definitely!

This is really good of Binance exchange and its CEO, the exchange is indeed leading. Yet again he proves that humanity comes first, through his generosity thereby contributing his own quota towards the betterment of the world. Also, this single act will not only show how good Binance exchange is, but will also present another good side of the crypto space to the world thereby attracting more users and leading to more valuable crypto space.

I appreciate these charities but tbh they should not be needed. Isn't this one of the reasons we've paid taxes for? Why do I have to send MORE money during a calamity when they've collected taxes "to protect us"? We should now have everything, or at least most of it, covered by what we've paid during our lifetime.

Great initiative by Binance as they never dail to impress us with their gestures towards the noble cause and I really wish other decentralized exchanges and reputed projects as well as stake holders start extending helping hand towards COVID19 cause as this will help people in need and combat the virus also it will help people to realise that crytpo world is real and it cares for betterment of people.

Love binance for this donation and i think we should enccourage such steps of compassion that will make the world a better place to live, Binance is taking this step forward to help the prevailing situation of coronavirus which can only be stopped by collective efforts, i hope and pray that the world will get rid of this virus soon.

Thanks to Binance for donating money. Again Binance team proved they have humanity. There are lots of exchanger and lots of crypto projects but low amount of community donated. I think others exchangers should help and I hope all the money will be distribute properly.Stay safe guys.

Glad to see that organization in the cryptocurrency space are now contributing to good causes.

Cryptocurrency has the potential to revolutionize the way we do business, but it also has the potential to contribute elsewhere, such as helping to end poverty and fund the solutions to other global issues, like global warming and world hunger.

Hopefully other major crypto companies begin to step up and donate some of their fat stacks to similar causes.

Looking at you Coinbase with your rip-off 3% fees.

That's great news to hear! It's coming at a time when a lot of people needs just the right amount of hope. Just a couple of days ago, Jackma donated thousands if not millions of medical supplies which included testing kits to over 50 countries. Kudos to the Binance team for putting the Binance Charity initiative together. The foundation is always there to meet people are the point of their need. The $1M donation would go a long way to help in our fight against the COVID-19 pandemic. Way to go guys!

with this news there will definitely be many people who know cryto and binance, this kind of organization is needed, helping others for the victims of the corona virus that is infecting now, hopefully many people will also donate a little money to the victims corona

Binance always gives us good news like that, one of my most favorite exchange. Against COVID-19 is the obligation of all of us, Binance is the first crypto exchange to give a hand to help again COVID-19. I hope to see more exchanges do the same thing to fight against the virus. Respect Binance.

Great for them. Binance has always been a platform I've supported since I saw their successes early on and potential, and there's been not much news about relief donations from crypto-related organizations with the entire coronavirus situation. This probably won't have any immediate effect on cryptocurrencies or even Binance's platform, but hopefully more people look into what Binance exactly is and what they do after receiving the aid (or not).

Appreciating the enormous amount that has been done by Binance for the disaster, which is currently a corona epidemic disaster. because this assistance will push for important needs for handling epidemics to be dealt with immediately because of the scarcity of supporting materials. I hope this will encourage others to do and continue to echo so that all more immediately intervene in helping this disaster.

As expected. Binance always generously give support to everyone. I admire how CZ still show their camaraderie on this situation. Amidst of what was happening and the crash on the market, they cant forgot to give what they can earn on their platform. Many countries will noticed how Binance acted on mass community even not crypto users. This will help on knowing crypto as well, its sounds like a promotion but clearly there is a part of it lets face it. But this act of deed is more appreciating than others strategy.

This is a great step for binance. Covid problem has given an extraordinary efect. Right The front is for health workers. Medical equipment to support the performance makes the serenity of the medical staff. This step makes a cypto not only a crime, there are many utilized positive aspects. Apart from that, I think this will make the binance popular and good.

Yes, but this is just voluntary act I think. If you dont want to donate then, its still okay. But with the events that occuring, and the news, videos that weve seen on social media especially on 3rd world countries, imagine the hit, and the effect on poor families, we do all knew how government operates and corruption isnt inevitable. Wit the likes of private companies such as asking for this, which is more convincing that money really goes to those are in need. But of course its not necessary to give more.

People and exchange  should follow their lead they are promoting the Crypto industry in a positive way, so even if many countries and people are not aware of Binance and Cryptocurrency they will be made aware because of the effort put forth by Binance it's a hard battle and glad that Binance has started something positive for the industry.

That is why Binance is the leading exchange in this market. And I believe in the future Binance will grow stronger than it is now. I always trust and use this exchange because its reputation is very high and they are also completely transparent in their activities. Btw I hope the other exchanges will be like binance, hope they will make a donation to help corona virus quickly extinguish

as expected binance will help with the charity program.
this time they made a 1 million share 1 million $ donation event.
that is by sharing their posts on social media, so I hope people share their posts on social media such as Twitter, Facebook, Instagram.
this is an easy step to fight this virus, let's share this post together, so we can take part in fighting this virus.

This is welcome development.  It comes at the right time when most countries that were seriously hit were in shortage of medical equipment.  This donation will go a long way in saving more lives from this pandemic.  I wish the donation also reach African countries, just like Halibaba foundation did recently.

Great to hear this news, hopefully it will help more people to know this market and there will be many other exchanges also act like Binance. What matters now is how we can prevent Corona and restore the global economy

Binance and team always support in danger, this pandemic has shaken everyone and people are very much concerned on this. At this moment people are looking for hospitality and binance charity are showing great support I am really happy after looking this I appreciate their hard work and effort in this tough times...

Almost all of the crypto users have already familiar with this exchange site but it looks like that 1 million is too small consider about this virus has already mutated. I think binance must create cooperation with another exchange site to launch the biggest charity event to fight this virus

Binance exchange is really helpful and active with its social responsibility, imagine all other exchanges helping this way,it would really go a long way in helping with the fight of Covid 19. Kudos to binance, I just hope you keep doing this. Other exchanges should take a clue and it will be a better crypto community.

Yes, thats true Binance is keeping the spirit of corporate social responsibility alive, I hope it will send a strong message to the mainstream community that a cryptocurrency based company like Binance is trying to help even in this challenging times in the crypto market it should be considered as an example to other crypto exchange in the entire industry to do the same.

so does this mean? no donation while 1 million hasnt been reached..

This is an act to help Binance assert their leading position, I hope other major exchanges do the same, showing a part of responsibility to the community.

This is a job that helps Binance to affirm their leading position, I hope other major exchanges will do the same, show a part of responsibility to the community.

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.

It was really great to hear such great news like this a company who has the overflowing money never tend to forget to lend a hand to the community who really in need. The team behind it deserves recognition, at least. Comparing it to the government we have here in country, it is like our only senator who has the guts to spend countless of money in order to serve the community, well, others are way too worse. Anyway, I won't get surprised by any other day that Binance would got so much blessings, and I won't be surprised either when there will be another catastrophe that will hit us, and Binance would be in attendance to help.

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.

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.

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 (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.

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.

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.

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.

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.

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.

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 :).

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

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.

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.

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://imgbbb.com/images/2020/03/28/biannce.png
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 ...

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.

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

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.

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.

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.

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.

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

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.

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

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

If you want to donate you can do that individually and you really do not need to wait for someone else to donate :P. Looks like a paid advertisement from you  :D :P.

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.

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.

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.


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.

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