Binance to Donate $1M to Japanese Flood Victims

Changpeng Zhao called cryptocurrency community for donations
09 July 2018   1348

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.

Binance to Represent 2.0 Version

The key features of the updated desk are margin trading for everyone along with updated design
27 June 2019   374

Binance exchange introduced an updated version of the platform.

While #bitcoin is on a tear on price, Binance have rolled out Binance 2.0, with margin access to everyone.

In bear and bull markets, we #BUIDL!

Changpeng Zhao

CEO, Binance

In response to the posting of one of the commentators on new opportunities for bitcoin shorting, Changpeng Zhao also suggested that this is a rather bad idea in and of itself.

Recall that Binance can add margin trading to its platform, it became known in early May, and at the end of the month the exchange showed an updated interface with a new tab “Margin”.

On June 11, the exchange announced the start of the last round of closed testing of margin trading and invited users to participate in it. The offer, however, was limited to thousands of users.

The first liquidation of the marginal position in the framework of these tests took place on Monday, June 24th.