While Binance coin is grabbing all limelight for its rise, its charity foundation is also keeping a steady pace. Besides, other schemes on their way to materialization, Binance Charity Foundation also revealed that apart from flood victims, a total of 1328 victims have benefitted from Binance Coin (BNB) as fund.
Also, Binance Charity Foundation (BCF) has partnered with United Nations Development Programme (UNDP) in September 2018. BCF has given a donation of $1 Million and has also pledged to support UNDP in accomplishing UN 2030 Agenda and Sustainable Development Goals (SDGs). Also, BCF helped 703 victims of Bududa landslide disaster victims with Binance coin ( BNB) donations.
BCF also praised CryptoSavannah ,an African Tech giant for its strong participation and use of distributed ledger technology.
October 2018 saw several people in eastern Uganda being killed by a landslide. The landslide was an aftermath of a river bank flooding. This led to several losing homes, animals and support systems. In order to help minimise damages, the funds donated by BCF were used and disbursed in Binance Coin (BNB).
Native token of the world’s leading cryptocurrency exchange, Binance Coin (BNB) is revelling high in success. A few hours back it overthrew TRON to grab the 9th position in the coin market. Furthemore, Binance Coin (BNB), also rallied with massive force and even overtook Stellar Lumens (XLM) few hours back.
A plausible factor in the sky high rise of BNB coin and popularity is disbursing BNB coin to 1328 people as charity fund. While there are several upcoming developments on Binance’s deck, this can be one of the key factors in the rapid market demand and analysing the current scenario, Binance is all set to set unprecedented records.