Last Updated: August 4, 2023
• 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.
• OKX is matching contributions up to ₺1 million.
• Paymount will convert the contributions to USDT, which will then be converted to Lira by Paymount at 4pm GMT daily.
OKX Exchange Launches Community Campaign
The global crypto community is invited to support earthquake relief efforts in Türkiye through various cryptocurrencies including USDT, BTC, ETH, and OKB/OKT with OKX matching contributions up to ₺1 million.
Recent Earthquake in Türkiye
On February 6, 2023 a devastating 7.8 magnitude earthquake struck southern Türkiye near the border of northern Syria followed by a second 7.5 magnitude earthquake nine hours later with aftershocks resulting in loss of life and injuries.
Contributions Through Cryptocurrency
In collaboration with Paymount, a platform for secure and fast cryptocurrency payments, OKX will convert contributions to USDT which will then be converted to Lira by Paymount at 4pm GMT daily before being transferred to relief organizations AHBAP and AFAD at 4:30 pm providing necessary medical aid, food, water, shelter and reconstruction supplies. The campaign is open globally for all crypto holders.
Potential of Cryptocurrency
This demonstrates the potential for cryptocurrency to be used for humanitarian purposes bringing individuals from all over the world together for a common cause in times of need with conversion rates and access no longer an issue hindering aid efforts in disaster-stricken areas.
How You Can Help
Those interested can visit OkX’s website landing page for more information on how they can contribute towards helping those affected by this tragedy in Türkiye