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Binance Charity Fund’s latest efforts ‘should help save about 12,000 lives’ in India
Written by Written by Lavina Daryanani
Reviewed by Reviewed by Lavina Daryanani
Updated May 23, 2021

As part of their #CryptoAgainstCOVID campaign, Binance Charity confirmed the safe arrival of 2 cryogenic liquid oxygen tanks, equivalent to 6,000 reusable cylinders, to India. They have been working closely with the government of India to provide the aforementioned shipment.

Changpeng Zhao, CEO of Binance, took Twitter to break the news. 

The exec further emphasized that the crypto community wasn’t bounded by borders and assured that they were committed to ensuring that no country was left behind in the COVID battle. 

In addition to the oxygen tanks, Binance Charity also sent 100,000 N95 masks and intends to continue working closely with teams in India to source and deliver more oxygen, ventilators and PPE. The situation in India, at this stage, is gradually stabilizing and the number of daily cases recorded has also significantly dropped over the past few days.

Helen Hai, Head of Binance Charity added:

“It’s clear that the pandemic is far from over, and BCF, with support from the crypto community, is dedicated to providing aid to those most in need. We will not consider the fight against COVID won, until we all recover together.”

Last year, Binance Charity launched Crypto Against COVID and donated up to $4 million USD. The same has gone towards issuing 2 million articles of personal protective equipment (PPE) to 400 hospitals in 26 countries to help the global fight against COVID. For India specifically, they had donated 10,000 N95 masks and 43,000 face shields. 

India has been receiving help from the crypto community. Ethereum’s Vitalik Buterin transferred $1.14 billion worth SHIB recently to the nation’s relief fund. 

 India’s Crypto COVID Relief Fund’s team is currently headed by Polygon’s Sandeep Nailwal. They’re a community run-fund and intend to deliver relief amidst the ongoing crisis. The fund has managed to amass a whopping $1,039,721,689.57 to date.

Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.

Lavina Daryanani

With a keen eye on the Indian economic ecosystem, Lavina Daryanani's writing predominantly revolves around crypto-happenings in the Asian markets. She has a strong background in journalism and a personal inclination towards business and financial reporting.

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