RATE Group | Australian Bushfires: Bitcoin exchange donates $1 million to the cause
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Australian Bushfires: Bitcoin exchange donates $1 million to the cause

Australian Bushfires: Bitcoin exchange donates $1 million to the cause

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Crypto exchange Binance has donated $1 million in cryptocurrency to Binance Charity, which will use the funds to help the Australian bushfires relief efforts. The fires, estimated to be the worst in decades, have wrought havoc across the country. They’ve killed dozens of people, left millions of animals dead, and burned over six million hectares of land. 

“It is painful to see the bushfires burning across Australia as well as the devastating effects on the ecology and local community. We want to help this urgent crisis,” said Changpeng Zhao, Binance CEO. 

Zhao called on the crypto community to join the exchange in supporting the cause. “Donating for Australia Bushfires charity program is the most direct and effective approach to make an impact,” he said. 

Of course, not the whole of the community: Binance only accepts donations its own coin, BNB. It’s the eighth most popular cryptocurrency, according to data from metrics site CoinMarketCap; BNB’s market cap has…

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