Bitget, the Cryptocurrency Trading Platform, Announces Immediate Assistance Plan for Affected Users as a Result of the 7.2 Magnitude Earthquake
A magnitude 7.2 earthquake occurred on April 3, 2024 at 8:00 am. Bitget, a globally renowned cryptocurrency exchange platform, announced in the first instance that it would provide assistance to affected users in Taiwan.
Walden Zhang Weikai, the Regional Director of Bitget Taiwan, issued a statement on behalf of the operations team, stating that they have allocated an emergency budget of $500,000 for the user assistance program in response to this strong earthquake.
Walden stated that if the scale of the disaster continues to expand, Bitget will make additional donations to the earthquake relief fund as soon as it is established. If users in the affected areas have any material needs, Bitget will immediately provide assistance and support to all affected users to the best of their ability.
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Bitget also officially announced that all Bitget users in Taiwan who suffer financial losses or personal injuries during this earthquake can apply for disaster relief compensation of up to $100 equivalent through a form on the Bitget official website.
After a natural disaster occurs, people often find it difficult to access traditional banking services when they need additional funds to help meet their medical supplies, food, and other basic needs. Cryptocurrency transfers are increasingly being used to provide economic assistance to disaster victims because they offer fast, low-cost, borderless, and transparent transactions.
The Bitget team expressed their hope that the impact of this earthquake can be minimized and that all Taiwanese people can safely overcome this difficult time.
Bitget Hualien Earthquake Relief Fund Application Link:
https://www.bitget.com/zh-TW/support/articles/12560603807663
Bitget
Further reading
Bitget General Manager Gracy Chen Advocates Industry Gender Inclusivity at the United Nations Women’s Commission
Bitget’s Latest Reserve Ratio Reaches 173%: BTC and ETH Assets Increase by 20%
