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

Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Now customers can order groceries online using their Binance Pay wallet.

Ukrainians can shop online at Varus Supermarket using Crypto

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

With the Binance and Varus Apps, customers can receive fast crypto delivery and instant payments in nine Ukrainian cities, including the capital Kyiv and Dnipro.

For the Payment option to work, cryptocurrency owners must download the Binance App on either their Android and iOS phones. After that, users can visit the Varus website to choose the products to purchase and then send digital money to BinancePay wallet.

Forklog reported on the announcement that the new method of payment was being announced. Forklog, a crypto news outlet, noted earlier in the year that Binance Pay had been integrated into Foxtrot, a Ukrainian chain of electronics and home appliance stores.

Whitepay began accepting crypto payments in August for the purchase of products from major Ukrainian tech stores. Whitebit is a European cryptocurrency exchange that has Ukrainian roots. Customers can use Whitebit’s payment platform to pay for products sold by retailers such as Tehnoezh or Stylus.

Ukraine is a leader in cryptocurrency adoption over the last few years and has made significant efforts to regulate it. The popularity of Bitcoin and other digital currencies continues to rise amid ongoing conflict with Russia.

To finance humanitarian projects and defend the country’s defense, both Kyiv government and volunteers have used crypto donations to raise funds. To help, the crypto community responded. Binance has issued a crypto card that is specifically for Ukrainian refugees in June.

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

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Lubomir Tassav

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.