Binance to Give Away $1 Million in BNB to Vietnam Typhoon Victims

Cryptocurrency exchange Binance has announced a $1 million BNB airdrop for users affected by Typhoon Yagi in Northern Vietnam.

The exchange will identify affected customers via Proof-of-Address (POA). Beneficiaries must reside in one of the 25 cities in Northern Vietnam that were “hit the hardest.”

Users who complete POA by September 10, 2024 will receive $50 in BNB.

Given that some users did not have time to complete the identification, Binance will also airdrop $20 in BNB to all users in the region who registered before September 10 and complete POA by September 30.

The first batch of donations will be sent to the accounts of victims on September 16.

“We would like to express our sincere condolences to those affected by the devastating Typhoon Yagi in Vietnam. We hope that our efforts can bring some relief to those affected. We stand in solidarity with the community members and hope that the community can recover from this disaster soon,” said Binance CEO Richard Teng.

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