A magnitude 7.2 earthquake occurred at 8:00 am on April 3, 2024. The globally renowned cryptocurrency trading platform, Bitget, announced immediately that it would provide assistance to affected users in Taiwan.
Walden Zhang, the Regional Director of Bitget Taiwan, issued a statement on behalf of the operating team, stating that they have allocated a budget of $500,000 as part of the aid program for users affected by this earthquake.
Walden stated that if the disaster continues to escalate, Bitget will make additional donations to the dedicated earthquake relief fund as soon as it is established. If users in the affected areas have any material needs, Bitget will also provide immediate assistance, doing their utmost to support all affected users.
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Bitget also officially announced that all Bitget users in Taiwan who suffer financial losses or personal injuries during this earthquake can apply for disaster relief compensation on the Bitget official website. They can apply for a maximum of $100 worth of compensation.


After a natural disaster occurs, people often find it difficult to access traditional banking services when they need additional funds to help meet their medical supplies, food, and other basic needs. Cryptocurrency transfers are increasingly being used to provide economic assistance to disaster victims due to their fast, low-cost, borderless, and transparent transactions.
The Bitget team expressed their hope that the impact of this earthquake can be minimized, and that all Taiwanese people can safely overcome this difficult situation.
Bitget Hualien Earthquake Relief Compensation Application Link:
https://www.bitget.com/zh-TW/support/articles/12560603807663
Bitget


Further reading
Gracy Chen, the Managing Director of Bitget, advocates for gender inclusivity in the industry at the United Nations Commission on the Status of Women.
Bitget’s latest reserve ratio reaches 173%: BTC and ETH assets increase by 20%.

