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Binance to Airdrop $3M in BNB to Users Affected by Morocco Earthquake
Users who had verified their address details for Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of Binance coin.
Cryptocurrency exchange Binance said it will give a total of $3 million worth of BNB tokens to users living in areas affected by the Sept. 8 earthquake in Morocco.
Users who had verified their address details before Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of the token. Users who complete the verification process after this date will receive $25 in BNB.
STORY CONTINUES BELOW
The airdrop will to reach around 70,000 people and the funds will start reaching users' accounts today, Binance said in statement on Monday.
Over 2,800 people are confirmed to have died in Morocco's worth earthquake for more than 60 years.
BNB is the token that powers the BNB Chain ecosystem. It is little changed over the past 24 hours, trading about $209, CoinGecko data show.
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
