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Binance aids Libya flood victims with $500,000 BNB token airdrop

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Image Credit: twitter

In response to the devastating floods in Libya, cryptocurrency exchange Binance has announced a $500,000 (around Rs. 4.15 crore) BNB token airdrop. This will assist approximately 13,000 Binance users who have finished their Proof of Address (POA) verification in the country. Cryptocurrency transfers have become a popular method for providing financial aid to disaster victims because of their speed, low costs, borderless nature, and transparent transactions.