To give basic aid & food support to the people from Turkey and Syria, many crypto exchanges decided to donate & prepare aid packages.
On 6 Feb 2023, Turkey & Syria-based provinces faced the shock of 7.8 & 7.5 magnitude earthquakes. So far, reportedly 1,700 people have died because of this earthquake and huge numbers of people are struggling for basic lifeguard support because their homes & all basic life support have been destroyed in this incident.
Many government agencies & organisations jumped to support these people to provide aid to the affected people. They are trying to provide medicine, rescue equipment, financing, and manpower.
To help these affected people, many crypto exchanges started their efforts to bring the lives of the affected people back on the line. These crypto exchanges are Gate.io, Binance, Bitfinex, Bitget, Bybit, Bitget, and BitMEX.
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Gate.io announced that its team is preparing aid packages for the earthquake-affected people in Turkey and that aid packages will be delivered to the Turkish authorities.
We have started to prepare aid packages to help those in the earthquake area in Turkey, and we will deliver them in coordination with the authorities.
We will share more updates later
#Turkey #News #TurkeyEarthquake
— Gate.io (@gate_io) February 6, 2023
Binance CEO Changpeng Zhao (CZ) also confirmed that Binance will help these people.
Our hearts go out to the people affected. We @binance will see how to help.
https://t.co/FnyoJ3WX9E— CZ
Binance (@cz_binance) February 6, 2023
Bitfinex exchange officially announced that its team is preparing aid packages for these people.
Our prayers are with the people of Turkey and Syria today
Bitfinex is working on an aid package in support of those affected by the earthquake
We will provide updates as soon as possible.https://t.co/ixcknAlTPk— Bitfinex (@bitfinex) February 6, 2023
ByBit exchange also showed its condolences to the people, who faced huge losses and are facing a very critical situation because of the earthquake.
— Bybit (@Bybit_Official) February 6, 2023
In the Middle East and North Africa, Turkey is a very big market for Crypto companies. In only 2022, Turkey was responsible for the highest crypto transaction volume in 2022. Such a big natural disaster in this country will surely impact people’s life financially & also will retard the interest of people from the crypto sector.
Read also: South Korea to impose securities law on Crypto assets
Multiple Crypto exchanges jumped in support of Turkey and Syria: Earthquake
https://bitcoinik.com/multiple-crypto-exchanges-jumped-in-support-of-turkey-and-syria-earthquake/feed/
https://bitcoinik.com/multiple-crypto-exchanges-jumped-in-support-of-turkey-and-syria-earthquake/feed/
