Leading exchange Binance recently launched a dedicated Airdrop Portal that keeps track of all supported tokens.
Binance has announced the launch of a airdrop portal, which shows an overview of the airdrops supported by the crypto exchange. With this new initiative, the Binance community can now keep abreast of the latest developments regarding airdrops. The one-stop Binance Airdrop Portal also provides comprehensive information on all available tokens hosted on the Portal. Available details include the airdrop period, snapshot time, token status, and mode of operation.
Although Binance is committed to continually updating the Airdrop Portal, the platform already has a sizeable collection of ‘airdroppable’ tokens. These include Flare (FLR), Origin Dollar Governance (OGV), Terra (LUNA), Edgeware (EDG), Sologenic (SOLO), Boba Token (BOBA), KeyFi (KEYFI), and Mettalex (MTLX). Additionally, each token listed has a dedicated “More Information” page that provides users with additional information on the respective airdrop times.
Binance Airdrop Portal Announcement Follows Turkey Earthquake Development
Binance’s dedicated airdrop portal comes on the heels of the exchange’s announced airdrop support for the victims of the Turkey earthquake. On a February 7 blog post, Binance has pledged to airdrop $100 worth of BNB tokens to the devastated Middle Eastern country. Commenting on the corrective development, Binance founder and CEO Changpeng Zhao said:
“The recent earthquakes in Turkey have had a devastating impact on many people and communities. We hope our efforts bring some relief to those affected. We also call on our industry peers to once again come together to offer support in these times of crisis.”
According to the exchange, identifying eligible uses would require examining Proof of Address (POA) filings made in 10 affected cities. However, Binance also added that the POAs being considered are those made before February 6.
The affected Turkish cities include Osmaniye, Şanlıurfa, Malatya, Kilis, Kahramanmaraş, Hatay, Adana, Adıyaman, Diyarbakır and Gaziantep.
Binance acknowledged the inherent limitations of the POA method, but conceded that it posed the best available method for locating affected users. Additionally, the exchange put the total value of the estimated donations at around $5 million USD, or 94,000,000 Turkish lira (TRY). The announcement also revealed the creation of a public donation pitch by Binance Charity.
Users can donate to the Earthquake Emergency Campaign through various digital currencies, including Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB). All donations received would go to government-approved NGOs in Turkey, as well as other major humanitarian NGOs.
Other organizations within the crypto ecosystem have also pledged to support the victims of the Turkey earthquake. For example, Bitget Announced a commitment of 1 million Turkish lira ($53,000) to the cause on February 6.
Crypto Transfer as Aid to Disaster Victims
Binance sees the airdrop strategy as a fast and effective way to get funds on the front lines of disaster. After natural disasters, the platform opined that victims often lose access to traditional banking and therefore lack the necessary funds. However, cryptocurrency transfers have seen increased use in such extreme situations to provide financial aid to disaster victims.
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Tolu is a Lagos-based blockchain and cryptocurrency enthusiast. He likes to demystify the crypto stories down to the basics so that anyone anywhere can understand them without too much prior knowledge. When he’s not up to his neck in crypto-stories, Tolu likes music, loves to sing, and is an avid movie buff.
