Binance Charitable Foundation launches donation project to fight global new crown pneumonia epidemic

The Binance Charity Foundation (BCF) has launched a Crypto Against COVID charity project on its official website, aiming to raise funds from cryptocurrency and blockchain communities to fight the global new crown pneumonia epidemic. The charity project plans to raise $ 4 million in funding to buy medical supplies for countries with severe outbreaks. Binance Exchange said it will receive a donation of US $ 1 million, and also launched a social media fundraising campaign, with plans to make a donation of up to US $ 2 million. The Binance Charity Foundation stated, “In the spirit of charity and transparency, all fund transactions will be recorded on the blockchain and displayed on the website before being converted into fiat currencies.”