๐ ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ ๐๐ฎ๐๐ป๐ฐ๐ต๐ฒ๐ "๐ง๐ผ๐ด๐ฒ๐๐ต๐ฒ๐ฟ ๐๐ป๐ถ๐๐ถ๐ฎ๐๐ถ๐ฒ" โ $๐ฐ๐ฌ๐ฌ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ฃ๐น๐ฎ๐ป
Binance has unveiled a $400 million โTogether Initiativeโ to support users and institutions hit by the recent crypto market crash.
๐ $300M for Users:
Token vouchers will be distributed to traders who faced forced liquidations during the October 10โ11 crash. Eligible users could receive between $4 and $6,000 based on their losses.
๐ฆ $100M for Institutions:
Low-interest loans will be offered to institutional traders and partners to stabilize liquidity and maintain healthy market operations.
โก Goal:
The initiative aims to restore confidence, stabilize markets, and support recovery after billions were lost in leveraged liquidations.
๐ Distribution:
Vouchers will begin rolling out within 96 hours, while institutional support applications are already opening.
Binance emphasizes that this move is a goodwill action to strengthen the ecosystem โ not a legal obligation โ marking one of the largest exchange-led recovery programs in crypto history.
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