Binance Charity will donate $3 million to support users in earthquake-affected regions of Venezuela

Odaily Planet Daily News, June 30th - To assist users affected by the recent earthquake in Venezuela, Binance Charity announced it will donate a total of $3 million worth of 20 USDT token vouchers to eligible Binance users. It will also implement a 7-day fee waiver for C2C trading and Binance Pay merchant transaction fees to help users in the affected areas cope with current difficulties.

Eligible users for the token vouchers will be identified based on their POA and eKYC identity verification completed before June 26, 2026. Applicable regions include the most severely affected areas: La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, Falcón, and Yaracuy. Qualifying users will receive the corresponding funds within 30 days of completing POA.

Additionally, Binance will introduce fee reduction measures for commonly used services among Venezuelan users. All C2C trading fees denominated in VES will be waived for 7 days, effective immediately. Meanwhile, transaction fees for all merchants in Venezuela that accept Binance Pay as a payment method will also be waived for the same period. These activities will last until July 2, 2026, local time.