The philanthropic arm of the largest global exchange, Binance Charity, announced the delivery of $3 million dollars in emergency aid to support those affected by the recent June 24 earthquakes in northern Venezuela. The initiative will directly assist eligible users in the hardest-hit states, such as La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, and Falcón, who will receive 20 USDT vouchers after completing proof of address and the eKYC process.
This measure demonstrates the real utility of cryptocurrencies to channel rapid financial assistance without bureaucratic friction during catastrophes. In order to reduce transactional costs during the immediate recovery period, the platform will also suspend P2P trading fees for operations with bolivars (VES) and Binance Pay merchant fees nationwide until the upcoming July 2, 2026.
Existing users who verify their address before July 10 will be eligible for these funds, which will be distributed progressively within a 30-day period. To receive the benefit and take advantage of the fee waiver on local trade, the next step for the affected community is to update their credentials on the platform’s official channels before the established deadlines.
Source: https://goo.su/MjPKÂ
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