Binance Charity has earmarked up to $3 million worth of BNB for distribution among Binance users residing in the regions most impacted by the recent earthquake in Morocco. The funds will be allocated based on the verification of Proof of Address (POA) submissions made before September 9, 2023, specifically within the Marrakesh-Safi Province.

Users who successfully completed their POA submissions within this province before the aforementioned date will receive a deposit of $100 in BNB. Other users in the region who are able to complete the process by September 30 will receive $25 in BNB. Finally, active users across Morocco will get $10 worth of BNB airdrop.

Binance said it will commence the airdrop distribution today, as it seeks to impact up to 70,000 Moroccan users.

“In the aftermath of natural disasters, people often lose access to traditional banking at the exact moment when extra funds are needed to help cover medical supplies, food, and other essential needs. Crypto transfers are now increasingly being used to deliver financial aid to disaster victims as they provide fast, low-cost, borderless, and transparent transactions, a post on the company’s website reads.

CZ, the founder and CEO of Binance, expressed his sentiments on the matter, stating, "The impact of the earthquake on the Moroccan people is devastating. We hope we can bring some support to those affected. For Moroccan users who receive these donations but are unimpacted by the earthquake, we ask them to pass the funds on to those most in need."

To drive more assistance for users in the region, Binance Charity has launched a publicly accessible donation address, inviting contributions from global philanthropists. Donations to the Emergency Earthquake Appeal can be made in digital currencies, including BNB, BTC, ETH, USDC, USDT, and BUSD.