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These Crypto Companies to Send Aid Packages to Earthquake-Hit Turkey

Dimitar Dzhondzhorov Feb 6, 2023 18:44
Bybit, BitMEX, and Bitfinex are among the first crypto firms to help Turkish victims amid the devastating earthquake.

Leading cryptocurrency exchanges, such as Bybit, BitMEX, and Bitfinex, vowed to support victims of Turkey’s disastrous earthquake with aid packages.

Binance is also looking to help the affected people.

  • A massive earthquake with a magnitude of 7.8 struck southern Turkey earlier today (February 6) and killed over 1,500 people. Hundreds of buildings collapsed, meaning the number of victims could rise significantly once emergency services scour the ruins.
  • Numerous governments, corporations, and firms sent their condolences to the Asian country and promised to help amid the tragedy. The cryptocurrency exchanges BitMEX, Bitfinex, and Bybit put their names on the list, too.
  • In a Twitter post, BitMEX said their thoughts are with all the people affected by the cataclysm. It vowed to donate the proceeds of this week’s Trading Competition to the Red Crescent and thus support Turkish victims.
  • Bitfinex assured it is working on an aid package and promised to provide updates as soon as possible.
  • Bybit was “deeply saddened” by the news and sent condolences to those who lost family members or friends. 

“Our aid is on its way to the affected region. We convey our best wishes to all Turkish friends and hope to overcome this disaster with the least damage,” the platform added.

  • Changpeng Zhao – CEO of Binance – revealed that his company is also exploring ways to help. 
  • Cryptocurrency organizations have previously supported affected regions, with Ukraine being one example.
  • Binance, Kraken, and many other industry players donated millions of dollars worth of digital assets to the country shortly after Russia launched its “special military operation” a year ago.
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Dimitar Dzhondzhorov

Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.