Bybit Extends Support to Flood-Devastated Communities in Spain

Dubai, United Arab Emirates, November 14th, 2024, Chainwire

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, expresses deep sorrow over the catastrophic floods that have wreaked havoc in Valencia and other regions of Spain. The toll of this natural disaster is staggering, with more than 200 lives lost, thousands displaced, and widespread damage to infrastructure. The economic repercussions are projected to be in the billions of euros, with a significant impact on the environment.

Bybit’s Commitment to Social Responsibility

As a company that values social responsibility, Bybit has teamed up with the local non-profit organization, Admundi, to offer urgent financial aid to those most affected by the floods. Admundi, a dedicated organization focused on enhancing the lives of underprivileged children, is currently mobilizing its resources to aid the flood victims. Bybit’s contribution will directly support families who have lost their homes and possessions, empowering them to rebuild their lives and recuperate from this tragic event.

“The scale of destruction caused by these floods is heartbreaking,” said Helen Liu, Chief Operating Officer at Bybit. “We are committed to standing with the people of Spain during this difficult time. By partnering with Admundi, we aim to provide immediate relief and long-term support to those who need it most.”

Bybit will maintain close monitoring of the situation and may extend further assistance as necessary.

#Bybit / #TheCryptoArk

About Bybit

Bybit stands as the world’s second-largest cryptocurrency exchange by trading volume, catering to over 50 million users. Established in 2018, Bybit offers a professional platform where crypto investors and traders can access an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit takes pride in being a partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more information about Bybit, kindly visit Bybit Press.

For further updates, please follow: Bybit’s Communities and Social Media.

Contact Information

Head of PR: Tony Au

Email: tony.au@bybit.com

This article was originally published on Chainwire

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