Crypto Community Sends $9M in Aid to Turkey After Earthquakes

• The crypto community has come together to donate over $9 million to Turkey’s earthquake relief fund following a series of devastating earthquakes in the region.
• Major crypto companies such as Binance, Bitfinex, KuCoin, OKX, and Tether have all pledged donations to help the survivors of the tragedy.
• Avalanche Foundation also donated $1 million in AVAX tokens and invited others to contribute what they can.

Crypto Community Unites for Turkey Earthquake Relief

The crypto community recently united to provide relief to those affected by the massive earthquakes in Turkey and Syria. With thousands of casualties and an increasing death toll, major crypto companies such as Binance, Bitfinex, KuCoin, OKX, and Tether have pledged over $9 million in donations. Additionally, Avalanche Foundation donated $1 million worth of AVAX tokens and encouraged others to join in the effort.

Binance CEO Shares Support

Changpeng Zhao from Binance expressed his support for those affected by the earthquakes saying that it is time for the crypto world “to come together and show everyone that it is a force for good and a sign of hope”. He also highlighted how close Turkey is to the heart of Avalanche Foundation and its community.

Turkey Earthquake Relief Fund

The funds will be directed towards helping victims recover faster with Aytunc Yıldızlı – executive director of Avalanche – noting that this is an opportunity for people around the world “to come together” and make a difference. He added that even small contributions can make a huge difference when combined with other efforts from within the cryptocurrency industry.

Crypto Companies Lead Donations

Apart from Binance, Bitfinex donated ETH tokens worth $1 million while KuCoin contributed 10 BTC with OKEx donating another 10 BTC plus 1 million USDT tokens from Tether bringing total crypto donations up to more than $9 million at press time. Furthermore, many individuals have also joined in on these efforts contributing their own digital assets as well as fiat currency donations via bank transfers or credit cards.

A Call To Action For Crypto Supporters

All these donations are being accepted into special wallets set up exclusively for this purpose which makes it easier for people willing to donate their own digital assets or fiat currency do so without any problems or delays. The goal now is simply to spread awareness about these fundraising efforts so more people can join in on these initiatives if possible