The approach that cryptocurrency exchanges Binance and Coinbase are taking to the coronavirus is as different as night and day. In fact, the contrast is so stark it highlights both companies\u2019 core values to a tee. As Binance immediately donates 10mn RMB (approx $1.5mn) of medical supplies to help fight the virus, Coinbase reveals a three-step action plan to keep its business running.<\/p>\n
In a detailed post<\/a> on the company\u2019s blog, you can see exactly how Binance\u2019s donation has been spent. So far, Binance Charity has successfully delivered thousands of medical supplies to people in need in multiple cities in China. These include 2,300 protective suits, 50,000 pairs of nitrile gloves, and 28,800 face masks. The post states:<\/p>\n “We have one common goal, to defeat the virus, and Binance will stand with the people in China and around the world. We support you, and we will fight together! We believe the hard times will soon be over, and humanity shall prevail in the end.”<\/p><\/blockquote>\n The company hasn\u2019t yet revealed how it plans to protect its workers. Although, based on some of CEO Changpeng Zhao<\/a> (CZ)\u2019s latest tweets, that policy wouldn\u2019t involve containing any of the companies offices since it appears not to have any.<\/p>\n Office and HQ are old concepts like SMS and MMS. Time is moving on…<\/p>\n — CZ Binance ??? (@cz_binance) November 20, 2019<\/a><\/p><\/blockquote>\n\n