Binance to Airdrop $3M in BNB to Users Affected by Morocco Earthquake

Users who had verified their address details for Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of Binance coin.

AccessTimeIconSep 12, 2023 at 9:34 a.m. UTC
Updated Sep 12, 2023 at 2:33 p.m. UTC

Cryptocurrency exchange Binance said it will give a total of $3 million worth of BNB tokens to users living in areas affected by the Sept. 8 earthquake in Morocco.

Users who had verified their address details before Sept. 9 to show they live in Marrakesh-Safi province will each receive $100 worth of the token. Users who complete the verification process after this date will receive $25 in BNB.

The airdrop will to reach around 70,000 people and the funds will start reaching users' accounts today, Binance said in statement on Monday.

Over 2,800 people are confirmed to have died in Morocco's worth earthquake for more than 60 years.

BNB is the token that powers the BNB Chain ecosystem. It is little changed over the past 24 hours, trading about $209, CoinGecko data show.

Edited by Sheldon Reback.


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Jamie Crawley

Jamie Crawley is a CoinDesk news reporter based in London.

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