Crypto has emerged as the method of choice for fundraising and donations as it offers a number of advantages over banks and traditional methods of money transfer which are slow, expensive, and often restricted and monitored.
Binance, the world’s leading crypto and blockchain infrastructure provider, has committed US$10 million minimum to help the humanitarian crisis in Ukraine through its Binance Charity Foundation. The donation will be split between major intergovernmental organizations and nonprofit organizations already on the ground, including UNICEF, UNHCR, the UN Refugee Agency, iSans and People in Need, to help support displaced children and families in Ukraine and its neighboring countries.
Binance Commits $10 Million to Ukraine in Donations
