Binance to Donate $1M to Japanese Flood Victims

Changpeng Zhao called cryptocurrency community for donations
09 July 2018   1135

Binance, the largest in terms of trade transactions, has donated $ 1 million to flood victims in Japan, and invites other companies and individuals to join the charity initiative.

Our hearts go out to the victims in West Japan. Binance will begin with a $1,000,000 USD equivalent donation in either BNB, BTC, or JPY. We also ask our crypto partners to join us and help our friends in need.
 

Changpeng Zhao

CEO, Binance

Changpeng Zhao noted that the exact scheme for transferring funds to the flood victims will be determined in the very near future. Those who also want to make a donation, are invited to a Twitter reply, while such a gesture of good will will be taken into account when considering their coins listing on Binance. Such a donation can be done in ETH or ERC-20 tokens.

A major flood in Japan this week was caused by a typhoon that caused heavy rainfall. According to themedia, as of Monday mornng the number of deaths due to torrential rains and landslides reached more than 100 and many are reported missing.

Ledger Nano S to Support Binance Coin

As reported, now the owners of Ledger Nano S will be able to access the Binance DEX exchange and keep private keys safe during the trading process
24 April 2019   74

The producer of the popular hardware wallets Ledger announced the addition of support for the Binance Coin (BNB) token to its Nano S device.

Now the owners of Ledger Nano S will be able to access the Binance DEX exchange and keep private keys safe during the trading process. After connecting the wallet to the exchange, BNB tokens can be used to exchange for various assets on the site.

In this case, the Ledger devices will support Binance Coin of the ERC-20 standard until the exchange announces the completion of the exchange of tokens based on Ethereum for the assets of its own blockchain.

Yesterday, April 23, Binance announced the successful migration of BNB tokens from Ethereum to its Binance Chain, while noting that the BNB tokens of the ERC-20 standard can still be credited to Binance - they are automatically converted into assets of the BEP2 network Binance Chain. On the same day, the launch of the decentralized Binance DEX exchange took place.