DUBAI, United Arab Emirates, Feb 9, 2023 —  Bybit, the third most visited crypto exchange in the world, today announced it will donate $100,000 to Turkey’s disaster relief efforts in response to the recent earthquake that struck the country. This donation was made with the aim of helping those affected by the disaster and providing aid to those in need. 

“We are deeply saddened by the earthquake that hit Turkey and we wanted to do our part to help those affected," said Ben Zhou, co-founder and CEO of Bybit. “We are committed to using our platform’s influence and resources to make a difference in people’s lives. We hope this contribution will go a long way towards providing relief for those impacted by this tragedy.”

In order to ensure that the donation has maximum impact, Bybit has researched and decided to help fund AFAD Türkiye (Ministry of Interior Disaster and Emergency Management Precidency), which is the official establishment for all disaster rescue operations across Turkey. The team at Bybit is working to process the payment as soon as possible. 

Bybit is no stranger when it comes to giving back and being socially responsible. In addition to its donation efforts, Bybit also supports various charitable organizations globally including a donation of $800,000 in Bitcoin over two years to help support UNICEF’s work in providing equal access to education.

“We recognize the need to do our part for the well-being of our friends, customers and people worldwide," added Zhou. “I would also like to show my appreciation to those Bybit employees who donated clothes to the cause as kind exemplars of our company values. By donations such as these and leveraging our influence, we hope more people can become aware of Turkey's needs and provide assistance."