Exchange News

Bitget Initiates Aid for Earthquake Victims in Turkey, Syria

  1. Turkey and Syria were ravaged by a 7.8-magnitude earthquake on February 6.
  2. Crypto exchange Bitget announced it will offer assistance to those affected by the calamity.
  3. The earthquake has taken at least 1,300 lives, although the total casualty is expected to increase in the next days.

The world shook with compassion following reports of a 7.8 magnitude earthquake, which affected Turkey and Syria. According to the latest figure, the earthquake has taken more than 1,300 lives. 912 of these were from Turkey, while 560 were from Syria, as per Al Jazeera.

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In the wake of the above tragedy, crypto exchange Bitget expressed condolences to the families of the victims. In addition, Managing Director Gracy Chen revealed that the exchange’s employees in Turkey are now identifying ways to help those affected by the earthquake.

Some Turkish crypto traders have already acknowledged Bitget’s initiative, although it is not clear what kind of aid the exchange will provide, as well as to what extent.

Meanwhile, leading exchanges like Binance and Coinbase have yet to announce their assistance to victims in Turkey and Syria, although Binance CEO Changpeng Zhao also said they are figuring out how to help.

The earthquake happened earlier today, February 6. Multitudes of videos showing the devastation of the earthquake surfaced online across various social media sites. As to the closest estimation of the casualties, authorities would take more time to find out as some places in Turkey are ravaged by war and are not easily accessible. 

Meanwhile, Russian strongman Vladimir Putin expressed his sympathy for Syria and Turkey and offered assistance for the affected countries’ recovery.

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Jesus Dawal

Jesus Dawal Jr covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.

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