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Author Topic: Binance to help Coronavirus victims  (Read 841 times)
Debonaire217 (OP)
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January 28, 2020, 03:17:58 PM
 #1

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.
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January 28, 2020, 03:25:23 PM
 #2

This is a great step from the Binance, this is why Binance is not just an exchange, this is more than that. This is not the first time, Binance helped needy people in 2019 too. I heard more than a hundred people already died by the coronavirus, and the risk is very high! With the 1.5 million USD donation, Binance shows others a great path that crypto is not just a money-making idea, it is to help others the world. And I believe many crypto projects will follow the Binance and they will donate too and the world will realize that crypto is for everyone. Kudos to CZ, a humble and kind guy in the crypto industry!

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January 28, 2020, 03:26:09 PM
 #3

Good job for binance and this is actually a good steps. This is not only for helping people from wuhan but it can  also be a tools to promote crypto currency by helping people from china that affected with ncov.
A simple and good way for advertisement while helping and it can also attract other exchange to also do the same thing .

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January 28, 2020, 03:34:34 PM
 #4

That is good news and very extraordinary in my opinion, when China was hit by a coronavirus, the Binance exchange donated to the victims and I just saw the news that the victims continued to fall in the city of Wuhan.
Even though this has no impact on the crypto market, we still have to pay attention to our relatives in China because this is a disaster that cannot be prevented, so I can only pray that it can be quickly resolved.

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January 28, 2020, 03:37:43 PM
 #5

Whoa! One nice move for Binance here.

You also got a point at the last part.
Crypto currency is money which is better used to help people and not just be a store value for future thinking.
What the hell!
It could be us who will be affected by that virus and who else is going to help.
One first good step from Binance, I guess a lot will follow afterwards.
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January 28, 2020, 03:43:14 PM
 #6

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.

I believe that Binance has a heart and helping the Corona Virus victims is the right thing to do, $1.5 million is just a small amount for a large exchange like Binance so it's nothing compared to the blessings they receive in a form of revenues from its operation. CZ should make it double or more for the sake of helping others.
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January 28, 2020, 03:45:20 PM
 #7

A very noble gesture from binance but also one more chance to promote on a strong incident because real charity is done without informing strangers. This is my personal opinion on this maybe not so)
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January 28, 2020, 03:45:50 PM
 #8

And many will applaud binance for this, many will praise the CEO but is this really what they want or just to gain more reputation? Tron CEO did same thing by using the Dead athlete name to gain awareness, still feels like business to me, anyways, thanks for helping those who caught the deadly virus

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January 28, 2020, 03:57:01 PM
 #9

This is how Binance stands out amongst it's competitors as it's not about profit everytime as Binance is giving it back to the society and I hope other exchanges follow the same, It's our turn now to stand in support of Binance and try our best to use this platform which gives back to it's people. I just wish this corona virus is eliminated because it's painful to see the misery of the innocents affected by the virus. Crypto community as a whole should similar funding to help the victims as it will help the victims as well as make people understand that crypto community does care for people.

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January 28, 2020, 04:08:58 PM
 #10

Hopefully good deeds will result in a good outcome as well, cryptocurrency is really suitable to be used when a place got isolated but there's still an internet to access. Although the China has their own digital payment processing but if cryptocurrency could still help, there should be no problem at all and also to change people's views regarding crypto which usually being called out as bad by the media.

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January 28, 2020, 04:41:24 PM
 #11

[email]Yes cryptocurrency is not only a means to make money. It is being used as a means to help others in need as well. Already, some crypto projects and exchanges provided donations in crypto to the people in need. This time Binance has also announced a hefty sum in donation to coronavirus victims in China. As a result, I think China is considering the importance of cryptocurrency.

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January 28, 2020, 05:09:28 PM
 #12

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

They need to act real fast since a month from now will be almost pointless. If virus will spread as fast as so far, by mid March will be all over.
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January 28, 2020, 05:18:59 PM
 #13

This is one of the reason why binance is top rated. I wish everyone can do this to save life. This is a real life application of cryotocurrency funds to human safety .
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January 28, 2020, 05:20:54 PM
 #14

Victim of coronavirus was the same on the calamity incidence that needs help and more donations to the areas were infected with virus. This is a good step of Binance that will never forget people in China. People of China have a great help of crypto and probably their government realized soon how good in using crypto and they will never even attempt banning on it. Overall, this is a piece of great news that makes crypto more well known.

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January 28, 2020, 08:47:31 PM
 #15

Firstly, Binance is a Chinese exchange and it is not surprising that they help people from their own country, but I think that it is not just about simple help. The Chinese people are not doing anything for nothing and it seems to me that there is a secret desire to draw attention to their exchange. I think that a lot of rich people are now using their money to help solve problems with the coronavirus, but now everyone is talking about Binance again

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January 28, 2020, 09:04:31 PM
 #16

One of the good features of Binance is the Binance Charity, which is doing this great job, they equally donated $1M USD to help fight the Australian wild fire. The mainstream media and banks are not talking about this. They are only looking for the bad side of Cryptocurrency.

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January 28, 2020, 09:15:30 PM
 #17


Coronavirus didn't help BTC pump but I guess this is just how the market goes right now. But I think the marketing works. Of course helping the coronavirus victims will help them and at the same time will spread awareness of binance company.  $1.5 million is nothing compare to the amount of profit they do have.  I have not heard any exchange that does this kind of marketing but also provide assistance.

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January 28, 2020, 09:28:10 PM
 #18

Good marketing strategy from Binance, but this situation around Coronavirus is little bit manipulated by mass medias. No disaster is coming, thank goodness! If you study more about this virus, you will find out that this is not a first incident, so why everyone talks about it so warmly?

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January 28, 2020, 10:07:54 PM
 #19

Yes, I believed that this is a marketing ploy for Binance.

As far as I can remember, they raised money when Notre Dame church was burned last April 2019.
And then their charity also donated $1 million to Australia Bush fire. So I'm not surprised by their so called "philantrophic" worked on the China problem (Coronavirus) epidemic right now.

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January 28, 2020, 10:33:09 PM
 #20

Another great achievement by Binance in trying to prove to the world that crypto (or crypto projects) can also be useful to the world. I can remember when Binance assisted with 1M$ in BNB for Australian Bushfire, now CZ is giving 1.5M$ to help eradicate  Coronavirus. Very generous and wise move. I hope other crypto projects learn from Binance.
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January 28, 2020, 10:39:26 PM
 #21

Yes, I believed that this is a marketing ploy for Binance.

As far as I can remember, they raised money when Notre Dame church was burned last April 2019.
And then their charity also donated $1 million to Australia Bush fire. So I'm not surprised by their so called "philantrophic" worked on the China problem (Coronavirus) epidemic right now.


Exactly, you understand what's on ground. Binance has been indulging in donations for nations hit by disasters lately, indirectly its great marketing. It's a good thing the donations are giving a good name to crypto 😎, hence we should encourage such moves by crypto projects. Soon other projects especially exchanges will join the movement.

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January 28, 2020, 10:40:51 PM
 #22



This is why i love Binance, they know how to do good pr and they always seem to explore new ways to grow. Binance research is doing excellent job as well and it's proven to be very useful to me in the past. I am still not buying bnb yet, i am just watching it and waiting for what comes next.

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January 28, 2020, 10:45:38 PM
 #23

Donations are great for image, maybe they want to draw more attention to their exchange. Anyway, Binance has enough money to help people and I am glad that crypto would be associated with good things, that are really helping.


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January 28, 2020, 10:46:52 PM
 #24

Binance knows best how to be top of the game in many ramifications when it comes to crypto exchanges. No doubt the act of giving to countries with natural disaster or virus outbreak shows generosity, it's also cool advert and awareness to people about Binance. At least people who always look at, the negative aspects of crypto can now see positive aspects 👍 good.
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January 28, 2020, 10:48:31 PM
 #25

Thanks for the heartwarming help from Binance team. A good exposure for the exchange itsellf while at the same time, helping the victims of that quick spreading virus. I'm now expecting that every time there will be natural disasters and epidemic outbreaks, Binance is there to help.
They are not the only one that helps but since this is a crypto related company and the most known exchange, it's a big hit for those that are still doubting what cryptocurrencies can do.



 

 

 

 

 

 


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January 28, 2020, 11:06:54 PM
 #26

I think this is a great idea. This is a real help to people in difficult situations. And at the same time, this is an excellent advertisement for the exchange, which will positively affect its reputation.

 
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January 28, 2020, 11:12:21 PM
 #27



This is why i love Binance, they know how to do good pr and they always seem to explore new ways to grow. Binance research is doing excellent job as well and it's proven to be very useful to me in the past. I am still not buying bnb yet, i am just watching it and waiting for what comes next.

CZ looks very smart to take the momentum to create a small promotion but at the same time it helps so many people too. This will make people will aware about crypto is not so bad as they think about that.
I hope that the regulator from china will be changing their opinion regarding the crypto project again.
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January 28, 2020, 11:26:30 PM
 #28

Binance actually helps a lot of people when it comes to calamity even as a top exchanger I don't expect them to help or donate so for me this is a good job for them!.

This Coronavirus in my opinion could affect a lot the bitcoin since its originated in China if the infected people increases overtime we could surely see the results of this, which is not a joke.
As a new virus we don't know how to cure this virus yet so this is not a good sign that this virus is already spreading around the world.
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January 29, 2020, 03:40:58 AM
 #29

First the Australian Bush Fire and now CoronaVirus, It seems that nobility of Binance keep growing and that's how a top exchange show that their not only concern about pure money making but also sharing their money to those who are in need. China is the sole reason of this outbreak and CZ somehow feels responsible because of his countrymen. Anyway, even it did occur, I hope this outbreak ends sooner. Congratulations CZ and Binance team, this activity only proves your heart is pure.
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January 29, 2020, 04:26:24 AM
 #30

I completely agree with the author
this way of helping those in need will not go unnoticed
and people can look at cryptocurrency differently
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January 29, 2020, 05:29:35 AM
 #31



This is why i love Binance, they know how to do good pr and they always seem to explore new ways to grow. Binance research is doing excellent job as well and it's proven to be very useful to me in the past. I am still not buying bnb yet, i am just watching it and waiting for what comes next.

CZ looks very smart to take the momentum to create a small promotion but at the same time it helps so many people too. This will make people will aware about crypto is not so bad as they think about that.
I hope that the regulator from china will be changing their opinion regarding the crypto project again.
I think only you say the CEO of the Binance exchange place is thinking about such promotions because I believe the CEO of pure binance only wants to help those victims get well again because that is called charity and provide assistance to fellow human beings who are in need like the current victims corona virus.

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January 29, 2020, 07:13:01 AM
 #32

This way they can gain trust to other people. I like this act of Binance Community. Aside from helping those in needs, they are informing and educating people the good side of crypto currencies.
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January 29, 2020, 07:13:19 AM
 #33

Market Binance is indeed very remarkable because in addition to serve to do exchanges but can still donate funds for victims of the virus corona This step is very unusual and we expect it to be in the future binance will grow and continue to be able to Become one of the market that helps many people and we expect later crypto projects and also other markets can follow the traces of binance.

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January 29, 2020, 07:46:15 AM
 #34

with the help provided by CZ it is indeed a good step because this virus has no way to handle it. With the help of people I really hope that this disaster can be quickly resolved or at least reduce the responsibility of people affected by this corona virus, and I am quite appreciative of CZ because it has a great sense of humanity.

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January 29, 2020, 08:05:19 AM
 #35

in that makes binance the best exchanger now. his concern for others is not gossip. however, I heard that binance helped victims of the corona virus by 1.5 million dollars. I don't know if other exchangers help victims too, it's just that this can also have a good effect on crypto users.

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January 29, 2020, 08:07:15 AM
 #36

This is one of corporate social responsibility. almost big companies do that for helping human right.
CZ is chines and at this time there is corona virus on his country
they would help the victim for helping many people

CSR is a duty, it has win-win for company and the human in whole. at least, it can help Binance to be well-known as a helper

 
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January 29, 2020, 09:12:31 AM
 #37

I completely agree with the author
this way of helping those in need will not go unnoticed
and people can look at cryptocurrency differently
Yes, the difference in a person's perspective on cryptocurrency clearly will give a diverse nuance, so that it will give birth to a scientific discussion among the crypto community itself, and I also strongly agree with that writer.
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January 29, 2020, 09:16:23 AM
 #38

Binance was doing many social activities prior to this. They were giving food to African kids in school. People may argue this is just another strategy for promotions. But it's ofcourse better than other ways. Binance sending help to mainland China would also be symbolic as the Chinese regulations forced binance out of China.


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January 29, 2020, 09:23:31 AM
 #39

Why not help with China faced corona virus because he come from China and not hard for helping his country, but if have other virus with other country maybe he never interested for helping with other country except China, I think many member from Binance maybe come from China and easy to help them.

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January 29, 2020, 09:25:13 AM
 #40

Good job for binance and this is actually a good steps. This is not only for helping people from wuhan but it can  also be a tools to promote crypto currency by helping people from china that affected with ncov.
A simple and good way for advertisement while helping and it can also attract other exchange to also do the same thing .

That's lovely, what makes the world go round is love, and this is a good lesson that whatever we acquire from and outside here we can still stretch our hand of help to the need. It is those who are alive that you can propagate any idea to. This will also help to promote our businesses and the helped wishes and prayer for you goes a long way.greed does not make success or fulfilment.
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January 29, 2020, 09:50:52 AM
 #41

Personally, I believe that Binance made the right decision to help the victims of coronavirus. It turns out that cryptocurrency is also able to help people at the most critical moment in life. And now I’m thinking about fighting this terrible virus, many countries will take the most serious decisions to eliminate the coronavirus. When difficult situations arise in one country, many different countries come to the rescue. And only together we can defeat this terrible disease.
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January 29, 2020, 09:56:08 AM
 #42

Binance was doing many social activities prior to this. They were giving food to African kids in school. People may argue this is just another strategy for promotions. But it's ofcourse better than other ways. Binance sending help to mainland China would also be symbolic as the Chinese regulations forced binance out of China.
They also offers help before about Australia Bushfire Donation. They'd been doing many charitable activities that makes them top exchange. It's good that there is an exchange that didn't not just focus in their business but also in helping other in times of calamities and sickness. Many supporters will be happy about them helping.

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January 29, 2020, 10:20:37 AM
 #43

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.

binance provide assistance to people affected in china coronavirus that makes the value of cryptocurrency fell and stocks fell around% 1 coronavirus has been troubling the majority of people in the world and this virus has attacked many people in china CEO binance very caring and helping the Chinese people who have been exposed to this coronavirus.


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January 29, 2020, 10:44:41 AM
 #44

This is some bullshit lol. Ignoring the fact that the virus is a joke in comparison to the last big outbreak in the region, this is just virtue signalling at its most basic.

"Sorry you got coronavirus, here's a dollar"

How exactly are they gonna distribute this money?
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January 29, 2020, 11:22:17 AM
 #45

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.

Chinese people will have a wonderful opportunity. It will benefit innocent people.However, it could have been better to do something for those who are dying without food.In many countries there are innocent children, I think they should contribute.

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January 29, 2020, 12:29:45 PM
 #46

This is some bullshit lol. Ignoring the fact that the virus is a joke in comparison to the last big outbreak in the region, this is just virtue signalling at its most basic.

"Sorry you got coronavirus, here's a dollar"

How exactly are they gonna distribute this money?


Coming from a newbie? What bullshit are you talking about. This virus isnt a news that if finished the hype it will be sorted out sooner. No vaccine or cure yet has been made for this, and people like you thinking that this is a joke deserved the virus itself.

How they will distribute it? There is what we called coordination I think. Of course Binance will notify right people or agency for the victim of this virus. Also the money can be used to support research and medicine for those who are still under hospitalization. If this noble deeds is so much to criticize by the likes of you then just be quiet. Youre not helping at all.



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January 29, 2020, 12:47:23 PM
 #47

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.


Of course, this is a very good step from Binance, but the whole story with Coronovirus in China is not very true. I do not question Binance’s desire to help, but on the contrary I welcome it, but there are moments that make me think about all this. For example, why did Binance only now and in this situation announce its help, wouldn’t there have been other events where their help would have been good? Why don't all the major crypto exchanges and blockchain companies allocate part of the money to help all those who need hot spots in the world? I believe that this would be a great step towards the recognition of cryptocurrencies in the world. What do you think?
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January 29, 2020, 01:05:10 PM
 #48

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.

Chinese people will have a wonderful opportunity. It will benefit innocent people.However, it could have been better to do something for those who are dying without food.In many countries there are innocent children, I think they should contribute.
This is a good thing, and may have an impact on other coins that will participate to contribute to their sales, chasing the target market is necessary, but acting on behalf of humanity, then market prices will follow.

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January 29, 2020, 01:08:09 PM
 #49

Binance sharing his profit to those who are in need is a good sign that Binance will continue to remain profitable and a popular exchange.
Last time I heard they donated was just recently when there's a wildfire in Australia, the amount of donation is not huge enough compared to what they are earning on a regular basis but it's action is something we have to be proud as a user of exchange and a crypto enthusiast.

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January 29, 2020, 02:02:48 PM
 #50

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.
I agree that CZ is trying to help the victims but to be honest social responsibility is a part of business policy. It will help CZ to increase their brand value in return. If you think from another perspective Lips sealed, it is a marketing process that will create awareness about Binance and as I said increase the brand value. It's a common practice for all businesses. You know Coronavirus is a hot topic now and 1 PR can introduce Binance who never hears of cryptocurency but when later he will think of cryptocurrency, the name Binance will come first in his mind.
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January 29, 2020, 02:12:42 PM
 #51

Binance sharing his profit to those who are in need is a good sign that Binance will continue to remain profitable and a popular exchange.
Last time I heard they donated was just recently when there's a wildfire in Australia, the amount of donation is not huge enough compared to what they are earning on a regular basis but it's action is something we have to be proud as a user of exchange and a crypto enthusiast.
apart from such humanitarian actions, all of that can create a good sentiment towards the crypto market especially on the binance platform. indeed not directly but this can make their market strong with communities who also increase trust in the project and its development.

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January 29, 2020, 02:26:29 PM
 #52

I strongly agree with the actions taken by Binance, in order to help victims of Coronavirus they give 1.5 million dollars. this is a positive thing that can be given from cryptocurrency to help those who need and change the way people see cryptocurrency, I hope that the future of cryptocurrency will be brighter.
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January 29, 2020, 02:39:08 PM
 #53

This of course is all good. It’s good that everyone came to the rescue to prevent the spread. But do you really think this virus is biological? Do you really think that it was not created in the laboratory? I am personally sure that someone is behind this. Duck may have time not only to help those who need it, but also to deprive the right to exist of those who cause these problems. I understand that fires or earthquakes are due to nature, we ourselves are to blame for them, because we brought nature. But in other problems, you can simply not create them, then you will not have to solve it.
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January 29, 2020, 02:47:45 PM
 #54

This is some bullshit lol. Ignoring the fact that the virus is a joke in comparison to the last big outbreak in the region, this is just virtue signalling at its most basic.

"Sorry you got coronavirus, here's a dollar"

How exactly are they gonna distribute this money?


Coming from a newbie? What bullshit are you talking about. This virus isnt a news that if finished the hype it will be sorted out sooner. No vaccine or cure yet has been made for this, and people like you thinking that this is a joke deserved the virus itself.

How they will distribute it? There is what we called coordination I think. Of course Binance will notify right people or agency for the victim of this virus. Also the money can be used to support research and medicine for those who are still under hospitalization. If this noble deeds is so much to criticize by the likes of you then just be quiet. Youre not helping at all.

Fact: The current virus is no worse than the flu. Most of the deaths have been immunocompromised people. A deadly virus doesn't spread easily. It's all media hype.

Where are they gonna find the patients info? Even if they did the families will likely think it's a scam anyways cause who the fuck knows what Binance. Research and medicine costs? Most of the patients are in China.

This isn't a noble deed. This is virtue signaling.
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January 29, 2020, 03:01:05 PM
 #55

And many will applaud binance for this, many will praise the CEO but is this really what they want or just to gain more reputation? Tron CEO did same thing by using the Dead athlete name to gain awareness, still feels like business to me, anyways, thanks for helping those who caught the deadly virus

I think this is an example to other exchanges. It is bringing out the physical or human face to the exchanges. Also for other exchanges, it is more like social responsibility that should be done in their areas and beyond.
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January 29, 2020, 04:58:38 PM
 #56

Binance, a team of a golden heart. I really love this guys Everytime they come like a savior, they are taking the ownership and helping the society where others are just nun. Guys Just imagine how many needy people's will get benefitted from this???

Binance, a big applause for you all as well, and I believe a lot of investors will jump from now on.

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January 29, 2020, 05:18:43 PM
 #57

Binance sharing his profit to those who are in need is a good sign that Binance will continue to remain profitable and a popular exchange.
Last time I heard they donated was just recently when there's a wildfire in Australia, the amount of donation is not huge enough compared to what they are earning on a regular basis but it's action is something we have to be proud as a user of exchange and a crypto enthusiast.
apart from such humanitarian actions, all of that can create a good sentiment towards the crypto market especially on the binance platform. indeed not directly but this can make their market strong with communities who also increase trust in the project and its development.
but it's good we don't have feedback from people, because it's a humanitarian problem.
Although I assure you that feedback on trust in binance and crypto will exist but for now I think it should be ruled out first.

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January 29, 2020, 05:19:57 PM
 #58

This is really nice. Such a small act of kindness.  This is the reason why I really wanted to share this to all. Cryptocurrency does really have significance and help to the society. Continue being a blessing to everyone Binance. I am really glad to what you've did. The families that was really affected to the coronavirus can't even work outside which resulted to no income at all.
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January 29, 2020, 05:26:13 PM
 #59

its a great step done by world best cryptocurrency exchange binance to help victim's of corona virus. i hope we will soon discovered the vaccine for this fatel virus.till then just be careful about this disease and avoid to visit infected states. I request to our crypto industry please donate some of your money into this cause. it will help victims to recover financially.
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January 29, 2020, 05:32:22 PM
 #60

That's a good move from the Binance team but, things of such are easily misunderstood for things that are irrelevant, like what we had seen in the case of KoBe .B and the Justin. Hope for the move to yield positive results in Savage the current situation in China republic. Basically, these victims will live to remember cryptocurrency and its usefulness to mankind.

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January 29, 2020, 06:18:21 PM
 #61

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.


it seems that binance ceo is trying to make the better image of crypto to the world. i can remember that they have started the campaign for the Australian bush-fire as well. we shall stand as community to promote the positive image of digital currency

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January 29, 2020, 06:21:14 PM
 #62

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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January 29, 2020, 07:02:30 PM
 #63

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.

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January 29, 2020, 07:22:39 PM
 #64

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.

Make sure to always backup your crypto seeds and passphrases friends

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January 29, 2020, 07:24:39 PM
 #65

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

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January 29, 2020, 07:33:11 PM
 #66

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.

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January 29, 2020, 07:36:50 PM
 #67

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.

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January 30, 2020, 05:11:58 AM
 #68

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.

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January 30, 2020, 05:45:38 AM
 #69

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.

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January 30, 2020, 06:55:57 AM
 #70

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.
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January 30, 2020, 07:13:58 AM
 #71

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.


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January 30, 2020, 08:13:35 AM
 #72

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.


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January 30, 2020, 11:09:07 AM
 #73

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.

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January 30, 2020, 01:12:05 PM
 #74

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.

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January 30, 2020, 01:59:03 PM
 #75

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
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January 30, 2020, 06:06:05 PM
 #76

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.

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January 30, 2020, 06:17:10 PM
 #77

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.

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January 30, 2020, 07:36:03 PM
 #78

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  .
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January 31, 2020, 08:15:27 AM
 #79

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.
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January 31, 2020, 10:20:13 AM
 #80

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.

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January 31, 2020, 11:38:51 AM
 #81

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

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January 31, 2020, 12:05:16 PM
 #82

CZ_Binance deserved lots of love for he has done really great job. Binance always participated in such works, they making charity to donate a few millions dollar in various countries. Corona Virus already spreading in many countries, Wuhan (City of china) is highly affected over 2 hundreds of people's are died in entire of the country. I heard in Justin Sun twitter account TRON also want to donate some elements likes masks.
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January 31, 2020, 12:32:44 PM
 #83

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.
The huge money that CZ will be giving to the patients is a good way of advertising their exchange but to be honest, this isn't the one they really need right now.

What they need right now is masks, medicines to prevent it from spreading like alcohol and sanitizers, and what the people in Wuhan right now is our prayers Smiley. I think it would be better if CZ will just give masks not only on the people in Wuhan but to all the countries that already have a case of the coronavirus. We need it right now to be honest. Supplies of masks are depleting right now in a fast pace that most of the people can't get even one box even though there are some volunteers who are giving free masks.

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January 31, 2020, 12:35:01 PM
 #84

Binance has been doing charity work for a long time and I don't think it's surprising that Binance is raising more funds for the current corona crisis. Their actions deserve appreciation because they not only focus on the business they are involved in but also focus on social aspects
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January 31, 2020, 12:53:38 PM
 #85

Binance has been doing charity work for a long time and I don't think it's surprising that Binance is raising more funds for the current corona crisis. Their actions deserve appreciation because they not only focus on the business they are involved in but also focus on social aspects
Definitely, and the fact that they can donate that big amount, that pretty tells that they are really profitable and they are not faking their volume.

I've seen a lot of trading sites that has billions of trading volume but does not even care for the community unlike Binance are doing.

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January 31, 2020, 01:19:15 PM
 #86

Binance has been doing charity work for a long time and I don't think it's surprising that Binance is raising more funds for the current corona crisis. Their actions deserve appreciation because they not only focus on the business they are involved in but also focus on social aspects
Definitely, and the fact that they can donate that big amount, that pretty tells that they are really profitable and they are not faking their volume.
Honestly, this is my first time to hear such kind of news. How generous CZ is, now I admire him more because in all fairness he don't got blinded by the greed of money. This is a solid proof that there are still big businessmen who doesn't forget to those people below (like Elon). I think this is really a great move for him because 1million is a small thing compared to the good feedbacks and stronger trust given by users of Binance. In short, it is a win-win situation Cheesy.
I've seen a lot of trading sites that has billions of trading volume but does not even care for the community unlike Binance are doing.
Well, sad to say but we can't do anything about it. It's really up to them whether they help or not because we cannot push them to help if they don't want to Sad. True helping is not a feel of obligation, it should be done from the bottom of your heart.
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January 31, 2020, 04:52:32 PM
 #87

This is why Binance keeps on leading while other exchanges just follow, they are always looking for ways to make impacts in the world while others just stay and do nothing. Binance stays at the top and all others will keep doing is just to follow, because Binance keeps creating a name for itself and being recognized. I do hope that others will follow this same step and help in doing good and also promoting the community.

People may argue this is just another strategy for promotions. But it's ofcourse better than other ways. Binance sending help to mainland China would also be symbolic as the Chinese regulations forced binance out of China.
Seriously, who even cares if it is a promotion that they are doing? Let it be a promotion, at least they are doing good with their promotion and that’s what we want. It’s better than to just stay doing nothing and only doing promotions on social platform and putting money in places where it won’t make any sense.
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January 31, 2020, 05:22:22 PM
 #88

I just heard this, if so then I think the Binance company is doing a very good job including helping CoronaVirus victims in China. this is a big step for the Binance company, such as reintroducing the public about cryptoqurrency as well as strong support for the victims there.

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February 02, 2020, 06:54:37 PM
 #89

The Binance CEO CZ is really an honest and kind guy who always like to stay beside the needy people! Binance is always ready to help the victims. Binance has an extra fund system to donate worldwide. I saw the news that Binance gave 1.5 Million USD as a donation to the Coronavirus victims! This is a great achievement for the crypto industry! People who used to think crypto is bad, I hope their mind will be changed this time!

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February 02, 2020, 09:17:14 PM
 #90

The huge money that CZ will be giving to the patients is a good way of advertising their exchange but to be honest, this isn't the one they really need right now.

What they need right now is masks, medicines to prevent it from spreading like alcohol and sanitizers, and what the people in Wuhan right now is our prayers Smiley. I think it would be better if CZ will just give masks not only on the people in Wuhan but to all the countries that already have a case of the coronavirus. We need it right now to be honest. Supplies of masks are depleting right now in a fast pace that most of the people can't get even one box even though there are some volunteers who are giving free masks.
Regardless of marketing efforts from Binance Or not, the important thing I salute the concern. This charity work is one of the concerns of binance for the world and is not only limited to profit-seeking, and it has become a routine activity, I think. And it is true that masks and medical equipment are more needed, but all forms of support are the best as a form of caring. and for those who have not been able to participate directly, don't forget to pray for one another.

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February 02, 2020, 10:42:49 PM
 #91

I always look up on Binance as a great exchange. To help with that huge amount is a thumbs up for me. It will be a great help for China. The virus is a worldwide problem and people should pay attention and help each other to stop it.
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February 03, 2020, 07:36:39 AM
 #92

My opinion its just market activity they wanna attract more people to their platform and increase the binance brand

It's strange another companies dont do the same thing



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February 03, 2020, 08:07:42 AM
 #93

its awesome intiative by binance its perfect step
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February 10, 2020, 07:55:26 PM
 #94

This is the kind of things I am expecting to see in crypto sphere. It is another great contributions from a great exchange. It is another way of spreading the message of crypto to the world.

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February 10, 2020, 08:06:46 PM
 #95

This is one of the reason why binance is top rated. I wish everyone can do this to save life. This is a real life application of cryotocurrency funds to human safety .

That's the point, what Binance did was a great move towards providing help to those in critical situation in life. This was how life should be, saving a life with cryptocurrency could easily drive adoption globally. Others  should emulate what binance did to bring a good name to community of cryptocurrency.

USA government should emulate what binance did with their $39m Bitcoin auction coming 18th Feb, 2020. Let's learn how to preach good with cryptocurrency.

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February 10, 2020, 08:21:08 PM
 #96

This is one of the reason why binance is top rated. I wish everyone can do this to save life. This is a real life application of cryotocurrency funds to human safety .

That's the point, what Binance did was a great move towards providing help to those in critical situation in life. This was how life should be, saving a life with cryptocurrency could easily drive adoption globally. Others  should emulate what binance did to bring a good name to community of cryptocurrency.


others wont do this because they are greedy and they dont want to waste money  . while some doing this because of other reasons  like they want to be recognize  . in that way they can gain costumers  . another busines strategy again but atleast they can somehow help others that badly need it  . still better than not helping at all . this can also be a way for binance to clear the name of thier past issues  such as the rumored inside job ( hack ) that steal others funds and data's 
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February 10, 2020, 08:32:39 PM
 #97

This is one of the reason why binance is top rated. I wish everyone can do this to save life. This is a real life application of cryotocurrency funds to human safety .

That's the point, what Binance did was a great move towards providing help to those in critical situation in life. This was how life should be, saving a life with cryptocurrency could easily drive adoption globally. Others  should emulate what binance did to bring a good name to community of cryptocurrency.


others wont do this because they are greedy and they dont want to waste money  . while some doing this because of other reasons  like they want to be recognize  . in that way they can gain costumers  . another busines strategy again but atleast they can somehow help others that badly need it  . still better than not helping at all . this can also be a way for binance to clear the name of thier past issues  such as the rumored inside job ( hack ) that steal others funds and data's 
For binance to come out with thus idea was a perfect one and should be commended for such act. It may look like a good business strategy but, this mean a lot to
 cryptocurrency community in the face of her enemies and haters. Other exchanges should be copy what binance did to sustain the good name for cryptocurrency industry. As you have said earlier, its an avenue for binance team to prove to the world their concerns towards humanity.

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February 10, 2020, 08:35:16 PM
 #98

It must be a good thing from Biance, they deserve lots of appreciation from this community, but unlike many people predict I doubt that coronovirus  will impact Chinese economy, of course it will have "some" impact on it for a while and that is still an impact, hell we have seen the results of the impact already with the economical withdraw and even some nations trying to find manufacturers outside of China and all. However the people that said yes should be divided into two.

One has seen these impacts and imagine that will be a long term issue that will have consequences for a long time, and the other who saw these impacts and think that is about it and nothing more. I am one of the later where I think the impact is already there and that's it, I do not think that in year 2025 we will still be talking about this, that is not going to be a thing in just a year probably.
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February 10, 2020, 08:58:22 PM
 #99

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.

The amount of money is very small relative to the tragedy that now hangs over the planet.But still the decision is very correct.Charity in such a difficult time is simply necessary.
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February 15, 2020, 04:22:30 AM
 #100

What makes you think that the fear of a coronovirus will provoke people to withdraw their funds. After all, this cataclysm of a different kind, not financial, people's assets do not fall in value.
Rather, on the contrary, people will not do anything with their assets, but only acquire the necessary means for living in isolated conditions.

The fact that Binans donate money to fight the coronavirus is wonderful. No matter what the motives of the exchange are, they pursue a good goal and we should all take an example from this.
For cryptocurrency in general, this is a wonderful sign and a wonderful precedent for benefactors. In addition, at the right time, China can thank the Binance exchange for helping to combat the scourge.



im still pretty interested to see what happens with the coronavirus tbh, the epidemic is still going on over that way

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