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Leading exchange Binance recently launched a dedicated Airdrop Portal that tracks all supported tokens.
Binance has announced the launch of its Airdrop Portal, which shows an overview of airdrops supported by crypto exchanges. With this new initiative, the Binance community can now stay up to date with the latest developments regarding airdrops. The one-stop Binance Airdrop Portal also provides comprehensive information on all available tokens hosted on the Portal. Available details include Airdrop Period, Snapshot Time, Token Status and Mode of Operation.
Although Binance promises to keep its Airdrop Portal updated, the platform already offers a sizable collection of ‘airdroppable’ tokens. These include Flare (FLR), Origin Dollar Governance (OGV), Terra (LUNA), Edgeware (EDG), Sologenic (SOLO), Boba Token (BOBA), KeyFi (KEYFI), and Mettalex (MTLX). Additionally, each listed token has a dedicated “Learn More” page which informs users of additional information regarding the respective airdrop schedule.
Binance Airdrop Portal Announcement Following Turkey Earthquake
The dedicated Binance Airdrop portal comes after the airdrop support announced by the exchange for Turkey earthquake victims. In a blog post on February 7, Binance promised to send $100 in BNB tokens to the ravaged Middle East country. Binance founder and chief executive officer Changpeng Zhao commented on the improvement progress, saying:
“The recent earthquakes in Turkey have had a devastating impact on so many people and communities. We hope that our efforts will bring relief to those affected. We also call on our industry colleagues to once again come together to offer support in this time of crisis.”
According to the exchange, identifying eligible uses will require examining Proof of Address (POA) submissions conducted in the 10 affected cities. However, Binance also added that the POAs under consideration are those made before February 6.
The affected Turkish cities include Osmaniye, Şanlıurfa, Malatya, Kilis, Kahramanmaraş, Hatay, Adana, Adıyaman, Diyarbakır and Gaziantep.
Binance acknowledges the inherent limitations of the POA method but acknowledges that it is the best available method for finding affected users. Additionally, the exchange estimates the total estimated value of the donation is around $5 million USD, or 94,000,000 Turkish lira (TRY). The announcement also revealed the public donation address arrangement by Binance Charity.
Users can donate to the Emergency Earthquake Appeal via a variety of digital currencies, including Bitcoin (BTC), Ether (ETH) and Binance Coin (BNB). All donations received will go to government vetted NGOs in Turkey as well as other major humanitarian NGOs.
Other organizations in the crypto ecosystem also pledged support for Turkey’s earthquake victims. For example, Bitget announced commitment of 1 million Turkish lira ($53,000) to the goal on 6 February.
Crypto Transfers as Help for Disaster Victims
Binance views the airdrop strategy as a fast and effective way to get funds to the front lines of disasters. Following natural disasters, the platform argues that victims often lose access to traditional banking, thus lacking the necessary funds. However, crypto transfers have seen increased use in dire situations to provide financial assistance to disaster victims.
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Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He loves to unravel crypto stories to the basics so that anyone everywhere can understand them without too much background knowledge. When he’s not deep into crypto stories, Tolu enjoys music, loves singing, and is an avid film lover.
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