This page is for information purposes only. Certain services and features may not be available in your jurisdiction.

Joining Forces with Foxbit to Support Flood Victims in Southern Brazil

São Paulo, May 8, 2024 -- Today, we at OKX, a leading crypto exchange and Web3 technology company, are proud to announce our partnership with Brazilian cryptocurrency exchange, Foxbit, to provide critical aid to the victims of the devastating floods in Southern Brazil. The region has experienced the worst flooding in over 80 years due to unprecedented rainfall, affecting an estimated 350,000 people in the state of Rio Grande do Sul.

As part of our joint philanthropic effort, we at OKX Brazil will match all donations received through Foxbit's "Ajude o Rio Grande do Sul" emergency campaign, up to a total of US$10,000. Our initiative aims to double the impact of contributions, with all funds directed to local non-governmental organizations (NGOs) leading the relief and reconstruction efforts in the affected areas.

I want to emphasize that we stand in solidarity with the people of Southern Brazil during this difficult time. By joining forces with Foxbit, we hope to provide urgent support to those who need it most and help communities rebuild in the aftermath of this tragedy.

Ricardo Dantas, CEO of Foxbit, shares our sentiment, stating, "The collaboration with OKX Brazil is a testament to the crypto community's ability to come together and make a positive impact in times of crisis. We are grateful for their support and the generosity of all those who contribute to the 'Ajude o Rio Grande do Sul' campaign."

We urge you to participate in this crucial initiative by visiting the Foxbit website and donating directly to the "Ajude o Rio Grande do Sul" campaign. Every contribution, no matter the size, will play a significant role in assisting those affected by the floods.

At OKX Brazil, we remain committed to supporting the local community and extending a helping hand to the people of Southern Brazil as they work to rebuild their lives in the wake of this devastating disaster.To learn more about OKX and our efforts, visit our website at okx.com/pt-br.

Together, we can make a difference and help our fellow Brazilians in their time of need.

Guilherme Sacamone

General Manager, OKX Brazil

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

© 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2025 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2025 OKX.” Some content may be generated or assisted by artificial intelligence (AI) tools. No derivative works or other uses of this article are permitted.

Related articles

View more
how to buy crypto guide
OKX
Ethereum

Is Ethereum Mining Profitable? What You Need to Know After the Merge

In 2025, many still search "is ethereum mining profitable?"—the answer may surprise you. With Ethereum’s Merge in 2022, the network shifted from mining (proof of work) to staking (proof of stake), fun
Nov 2, 2025
how to buy crypto guide
OKX
Ethereum

How to Mine Ethereum: Step-by-Step Guide & Alternatives

Are you searching for how to mine Ethereum in 2025? This is a common question, but the crypto landscape has changed: you can’t mine Ethereum anymore due to The Merge. So, what options are left for min
Nov 2, 2025
how to buy crypto guide
OKX
Ethereum

Should I Buy Ethereum? Expert Analysis, Risks & How-To

In 2025, Ethereum continues to command headlines as both a technological powerhouse and a sought-after investment. But should you buy Ethereum, and is Ethereum safety something you can count on compar
Nov 2, 2025
how to buy crypto guide
OKX
Ethereum

Ethereum Spot vs. Futures ETFs: Full Breakdown & Investor Guide

In May 2024, headlines worldwide buzzed about the SEC’s historic approval of several spot Ethereum ETFs, sparking a fresh wave of investor interest. Whether you’re eyeing the next evolution of digital
Nov 2, 2025
how to buy crypto guide
OKX
Ethereum

How to Become an Ethereum Validator: Step-by-Step Guide

Did you know the number of Ethereum validators surpassed 900,000 in 2024, reflecting the booming interest in staking and earning yield directly from network participation? If you’ve wondered **how to
Nov 2, 2025
how to buy crypto guide
OKX
Ethereum

Ethereum Mining Rig Guide: Best Hardware, Profitability, and Future

Ethereum mining rigs became iconic during the last crypto boom—now, as technology and the market evolve, is mining still profitable or safe at home? If you've ever wondered what hardware still works,
Nov 2, 2025
View more