Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay – Bitcoin News

Varus, a retailer with more than 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch crypto payments. Customers can now order groceries online and pay bills through the Binance Pay wallet.

Ukrainians shop online from Varus supermarket with cryptocurrency

Binance, the largest cryptocurrency exchange by daily trading volume, and the Ukrainian supermarket chain Varus have announced a partnership that will allow shoppers in Ukraine to buy food and other goods online with digital currency.

Using the Binance and Varus apps, customers will be able to enjoy instant crypto payments and fast delivery in nine Ukrainian cities: capital Kyiv, Dnipro, Kamianske, Kryvyi Rih, Zaporizhzhia , Brovary, Nikopol, Vyshhorod and Pavlograd.

To take advantage of the payment option, crypto holders will have to download and install the Binance app on their Android or iOS device. They can then visit the Varus website, select the products they want to buy, and deposit digital currency from the Binance Pay wallet.

In a report on the announcement of the new payment method, crypto news outlet Forklog noted that earlier this year, the Binance Pay service was integrated by Ukrainian electronics and homeware chain Foxtrot. .

Whitepay introduce cryptocurrency payments for products offered by major Ukrainian tech stores in August. Customers of retailers such as Tehnoezh and Stylus can now use the service provided by the payment platform was founded by Whitebit, a European cryptocurrency exchange with roots in Ukraine.

Over the past few years, Ukraine has become a regional leader in crypto adoption and has been working to regulate the industry, with the popularity of bitcoin and the like growing in the wake of the pandemic. There is a military conflict with Russia going on.

Both the government in Kyiv and volunteer groups have actively raised funds through Cryptocurrency donation funding defense and humanitarian initiatives. The crypto community has responded to calls for support. In June, Binance released a special program electronic money card for Ukrainian refugees.

You can support families, children, refugees, and displaced people in Ukraine by donating BTC, ETH, and BNB to the Binance Charity Ukraine Emergency Relief Fund.

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Binance, Binance Pay, Chain, conflict, Electronic money, electronic money payment, electronic money payment, Electronic money, Electronic money, Delivery, Exchange, online orders, partnership, Retailers, shop, supermarket, exchanges, Ukraine, Ukraine, Purse, War

Do you think more Ukrainian retailers will introduce crypto payments to their customers in the coming months? Share your expectations in the comments section below.

Lubomir Tassev

Lubomir Tassev is a tech-savvy Eastern European journalist who likes Hitchens’ quote: “Becoming a writer is in my nature, rather than what I do”. Besides cryptocurrency, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image credits: Shutterstock, Pixabay, Wiki Commons

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