BingX Charity has donated 1 billion Vietnamese Dong to assist with the reconstruction efforts in northern Vietnam following Typhoon Mangkhut. BingX Charity is the charitable organization under the globally leading cryptocurrency exchange BingX. Mangkhut is the strongest typhoon to hit Vietnam in thirty years, causing widespread destruction, hundreds of deaths or missing persons, and thousands left homeless.
In response to the disaster, BingX launched a fundraising campaign on September 12, 2024, pledging to donate 400 million Vietnamese Dong to the Vietnam Fatherland Front Central Committee. This donation aims to provide much-needed assistance to those affected by the typhoon, as well as the subsequent floods and landslides. BingX’s fundraising efforts, combined with generous contributions from the public, have played a crucial role in providing immediate relief to disaster victims. The funds will be used to rebuild communities, restore infrastructure, and provide essential supplies to families who have lost their homes and livelihoods.
To further support the victims of Typhoon Mangkhut, BingX also initiated a matching donation campaign. For every 1,000 Vietnamese Dong donated by the public to the Vietnam Fatherland Front Committee, BingX will match that amount. This initiative concluded on September 17, with the total donations subsequently raised to 1 billion Vietnamese Dong, of which 600 million came from BingX’s matching donation program and 400 million from BingX’s initial contribution.
Additionally, BingX hosted a charity event on September 18 to promote the spirit of solidarity and sharing. The event will take place in Nam Khap Ngoai village and Trung Do village in Bao Nhai commune, Bắc Kạn province, distributing 230 charity packages to local residents. This area is difficult to access due to its rugged terrain, making post-disaster reconstruction challenging and limiting rescue operations. These charity gifts have been prepared based on suggestions from local authorities and include essential living supplies to meet the community’s actual needs. BingX hopes that this event will not only provide material assistance but also inspire local residents to regain their confidence, help them cope with current difficulties, and spread love and the brilliance of humanity.
Vivien Lin, Chief Product Officer of BingX, stated that BingX is committed to supporting communities during times of crisis and expresses heartfelt gratitude to all who participated in this important initiative. The cryptocurrency exchange believes that through collective efforts, it can help the affected areas recover as quickly as possible and is always ready to provide immediate assistance in critical moments.
About BingX
Founded in 2018, BingX is a leading global cryptocurrency exchange, offering a diverse range of products and services to over 10 million users worldwide, including Bitcoin spot trading, derivatives, copy trading, and Bitcoin asset management, catering to the varying needs of beginners to professionals. BingX is dedicated to providing a reliable platform, empowering users with innovative tools and features to enhance their trading capabilities. In 2024, BingX proudly became the main partner of Chelsea Football Club, marking its exciting debut in the sports world.
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