This Ukrainian Supermarket Decided To Accept Crypto Through Binance Pay

Binance recently announced that VARUS, a Ukrainian supermarket chain, will now accept crypto. It announced that it had recently partnered with the supermarket chain, and now this will facilitate crypto payments for customers buying groceries.

This transaction would be carried out through Binance Pay Wallet. VARUS is one of the largest grocery store companies in Ukraine.

There are a total of 111 stories in 28 different cities across the country.

VARUS believes that this partnership will now allow customers to access crypto payments, which could make delivery faster and smoother.

This digital asset payment feature is already available in 9 cities, which are Kyiv, Dnipro, Kamianske, Kryvyi Rih, Zaporizhzhia, Brovary, Nikopol, Vyshhorod and Pavlograd.

Customers who want to pay using digital assets will need to download and install the Binance app on their Android and iOS devices.

After completing this step, users will need to go to the VARUS website and select the products they wish to purchase.

Once selection is complete, customers can pay directly with digital money from their Binance Pay Wallet.

Ukrainian customers now have the option to pay with crypto on many websites

A report also stated that earlier this year, the Binance Pay service was integrated by Foxtrot, which is the Ukrainian electronics and home appliance store chain.

Whitepay, a crypto payment platform, also recently introduced digital asset payments for products offered by Ukrainian tech stores last month.

Retailers such as Tehnoezh and Stylus now offer their services to customers by providing a payment platform operated by Whitebit, a European exchange based in Ukraine.

Ukraine, especially over the past few years, has turned out to be a regional leader in crypto adoption. The nation has also made efforts in the direction of regulating the industry in a better way.

Humanitarian efforts through crypto donations in Ukraine

Ukraine has been ravaged by war, and cryptocurrency in particular has stepped up to help those in need.

Both the Kyiv government and volunteer groups have been working to raise funds through crypto donations to fund humanitarian and defense initiatives.

The crypto community has been active and stepped in to help and provide the necessary assistance to Ukraine.

Binance has also issued a crypto-card made specifically for Ukrainian refugees.

This year’s Kyiv Tech Summit, which was held September 6-9 in Ukraine, was attended by Ethereum founder Vitalik Buterin. He mentioned that “Ukraine could become the next Web3 hub.”

In addition, he stated,

A country can become a Web3 hub if its citizens are actively interested in this technology and decide to make a significant contribution to its development. Ukraine has the capabilities and determination to do so.

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