BingX Charity donated 1 billion Vietnamese dong to help northern Vietnam cope with the reconstruction work after Typhoon Capricorn. BingX Charity is a charitable organization under the global leading cryptocurrency exchange BingX. Capricorn is the strongest typhoon to make landfall in Vietnam in thirty years, causing widespread destruction, hundreds of deaths or missing persons, and thousands of people displaced.

After the disaster, BIngX launched a donation campaign on September 12, 2024, promising to donate 400 million Vietnamese dong to the Vietnam Fatherland Front Central Committee. This donation aims to provide urgently needed assistance to the people affected by the typhoon and subsequent floods and landslides. BingX's donation campaign, coupled with generous donations from the public, has played a crucial role in providing immediate relief to disaster victims. This funding will be used to rebuild communities, restore infrastructure, and provide basic supplies for families who have lost their homes and livelihoods.

In order to help the affected people of Typhoon Capricorn, BingX has also launched an equal amount donation campaign. For every 1000 Vietnamese dong donated by the public to the Vietnam Fatherland Front Committee, BingX will donate an equal amount. This event ended on September 17th, and the total donation amount subsequently increased to 1 billion Vietnamese dong. Among them, 600 million Vietnamese dong comes from BingX's equal donation plan, and 400 million Vietnamese dong is BingX's initial donation.

In addition, BingX also held a charity event on September 18th to promote the spirit of unity and sharing. The event will be held in Nam Khap Ngoai Village and Trung Do Village, Bao Nhai Commune, Beihe County, Lao Cai Province, and 230 charity supplies will be distributed 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 are prepared based on the recommendations of the local government, including essential items to ensure they meet the actual needs of the community. BingX hopes that this event will not only provide material assistance, but also inspire local residents to regain confidence, help them cope with current difficulties, and spread the brilliance of love and humanity.

Vivien Lin, Chief Product Officer of BingX, stated:

The enthusiastic response from the community in this event deeply moved us. At BingX, we believe in using the power of the platform to drive positive change, and this event allows us to stand with the people of northern Vietnam during their difficult times. We hope that our donations, along with the contributions of other kind-hearted individuals, can help advance the local reconstruction work.

BingX always promises to support communities around the world during times of crisis and expresses sincere gratitude to all those who participated in this important event. The cryptocurrency exchange believes that through joint efforts, it can help the affected areas recover as soon as possible and be ready to provide immediate assistance at critical moments.

About BingX

BingX was founded in 2018 and is a leading global cryptocurrency exchange, providing diversified products and services such as Bitcoin spot, derivatives, copy trading, and Bitcoin asset management to over 10 million users worldwide, meeting the needs of beginners to professionals at different levels. BingX is committed to providing a trustworthy platform that empowers 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 first exciting debut in the sports world.

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