Binance Charity to Donate $3 Million to Support Earthquake Victims in Venezuela

BlockBeats News, June 30th, according to official sources, to assist users affected by the recent earthquake in Venezuela, Binance Charity announced a total donation of $3 million in 20 USDT vouchers to eligible Binance users. Binance will also implement a 7-day fee reduction for C2C trades and Binance Pay merchant transactions to help users in the disaster-stricken area cope with the current challenges.

Eligible users to receive the vouchers will be identified based on their completion of POA and eKYC identity verification by June 26, 2026. The applicable regions include the hardest-hit areas of La Guaira, Distrito Capital, Miranda, Aragua, Carabobo, Falcón, and Yaracuy. Qualified users will receive the funds within 30 days after completing the POA.

In addition, Binance will launch fee reduction measures for services commonly used by Venezuelan users. The transaction fees for all VES-denominated C2C trades will be waived with immediate effect for 7 days. At the same time, all merchants in Venezuela accepting Binance Pay as a payment method will also have their Binance Pay merchant transaction fees waived with immediate effect, and the above activities will end on July 2, 2026, local time.