OKX-emplary: Exchange Launches Community Campaign to Aid Türkiye

OKX has launched a web campaign to support earthquake victims in southern Türkiye.

Man with a griefing expression surround by destroyed buildings
  • The global crypto community is invited to support the earthquake relief efforts in Türkiye.
  • Contributions can be made using various cryptocurrencies, including USDT, BTC, ETH, and OKB/OKT.
  • OKX is matching contributions up to ₺1 million.

In the wake of the recent earthquake in Türkiye, the crypto community has been presented with a unique opportunity to make a difference and bring hope in a time of need. OKX is facilitating a platform for individuals globally to contribute and support the earthquake victims in Türkiye using cryptocurrency.

On February 6, 2023, a devastating 7.8 magnitude earthquake struck southern Türkiye, near the border of northern Syria. The tragedy was compounded by a second 7.5 magnitude earthquake nine hours later, followed by aftershocks. 

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The disaster resulted in the loss of countless lives and left many others injured. Though the situation is dire, it is not too late to make a difference and save lives.

Invitation to the Global Crypto Community

In support of victims, OKX has launched a web campaign that invites the global crypto community to contribute USDT (ERC20 and TRC20), BTC, ETH, and the platform’s own OKB/OKT token to Turkish relief organizations AHBAP and AFAD.

All contributions will be converted to the Turkish Lira, and OKX will match the funds raised to one million. In collaboration with Paymount, a platform for secure and fast cryptocurrency payments, OKX will convert the contributions to USDT, which will then be converted to Lira by Paymount at 4pm GMT daily. The funds will then be transferred to the relief organizations AHBAP and AFAD at 4.30pm.

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The relief organizations will use the funds to provide necessary medical aid, food, water, shelter, and reconstruction supplies to the affected communities. The campaign is open to all crypto holders around the world. Those interested can find more information and contribute by visiting the landing page on OKX’s website

On the Flipside

  • Conversion rates and access to cryptocurrency can pose a significant problem in disaster-stricken areas, hindering the efforts to provide aid to those in dire need.

Why You Should Care

This demonstrates the potential for cryptocurrency to be used for humanitarian purposes and highlights the potential for cryptocurrency to bring individuals from all over the world together for a common cause. By contributing to relief efforts through OKX, individuals can participate in a larger movement using cryptocurrency for good.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Kyle Calvert

Kyle Calvert is a cryptocurrency news reporter for DailyCoin, specializing in Ripple, stablecoins, as well as price and market analysis news. Before his current role, Kyle worked as a student researcher in the cryptocurrency industry, gaining an understanding of how digital currencies work, their potential uses, and their impact on the economy and society. He completed his Masters and Honors degrees in Blockchain Technology within Esports and Business and Event management within Esports at Staffordshire University.