" class="no-js "lang="en-US"> Turkey: Crypto Giant Bybit Offers Aid After Earthquakes
Thursday, March 28, 2024

Turkey: Crypto Giant Bybit Offers Aid After Earthquakes

Crypto giant Bybit steps up for disaster relief following earthquakes in Turkey.

Bybit, the third most visited crypto exchange in the world, today announced it will donate $100,000 to Turkey’s disaster relief efforts in response to the recent earthquake that struck the country. This donation was made with the aim of helping those affected by the disaster and providing aid to those in need.

“We are deeply saddened by the earthquake that hit Turkey and we wanted to do our part to help
those affected,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to using our
platform’s influence and resources to make a difference in people’s lives. We hope this
contribution will go a long way towards providing relief for those impacted by this tragedy.”

In order to ensure that the donation has maximum impact, Bybit has researched and decided to
help fund AFAD Türkiye (Ministry of Interior Disaster and Emergency Management Precidency),
which is the official establishment for all disaster rescue operations across Turkey. The team at
Bybit is working to process the payment as soon as possible.

Bybit is no stranger when it comes to giving back and being socially responsible. In addition to its
donation efforts, Bybit also supports various charitable organizations globally including a donation
of $800,000 in Bitcoin over two years to help support UNICEF’s work in providing equal access
to education.

“We are proud of our commitment towards making a positive impact in the world,” added Zhou.
“By donating funds and leveraging our influence, we hope more people can become aware of
Turkey’s needs and get involved.”

People In This Post

Companies In This Post

  1. allpay Appointed as Official Supplier on Crown Commercial Service’s Open Banking and Fund Administration & Disbursement Services Dynamic Purchasing Systems Read more
  2. Oliver Wyman Announces Mariya Rosberg as Americas Head of Banking and Financial Services Practice Read more
  3. Alchemy Pay Invests in UK Fintech LaPay and Secures API License as Part of Global Web3 Expansion Read more
  4. QNB Introduces FAWRAN for Fast Payments Within Qatar Read more
  5. The Paytech Show #79: What’s next for US banks in the FedNow era? Read more