Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay

Varus, a retailer that has over 100 stores in Ukraine, has partnered up with Binance to offer cryptocurrency payments. Customers can now order groceries online and pay the bill using a BinancePay wallet.

Ukrainians can shop online at Varus Supermarket using Crypto

Binance, the world's largest cryptocurrency exchange, has announced a partnership with Varus, Ukraine's grocery chain. This will enable Ukrainian customers to buy food online using digital coins.

Customers can use the Binance or Varus apps to receive instant crypto payments and quick delivery in nine cities in Ukraine: Kyiv, Dnipro Kamianske and Kryvyi Rh, Zaporizhzhia and Brovary.

The Binance app will be required to be downloaded and installed on the Android or iOS of crypto owners in order to take advantage the payment option. They can then go to Varus to select the products that they wish to purchase and send digital money to Binance Pay.

Forklog reported on the new payment method's announcement in a report. Forklog notes that Binance Pay was first integrated earlier this year by Foxtrot, a Ukrainian chain of electronics and home appliances stores.

Whitepay launched crypto payments in August for products sold by large Ukrainian tech stores. Whitebit, a European cryptocurrency exchange with Ukrainian roots, now offers a payment platform that allows customers of Tehnoezh or Stylus to use their services.

Ukraine has been a leader in cryptocurrency adoption over the last few years and has made efforts to regulate it. The popularity of bitcoin and other digital currencies is increasing despite ongoing conflict with Russia.

The government in Kyiv as well as volunteer groups have been active in raising funds via crypto donations to fund humanitarian and defense projects. To help, the crypto community responded. Binance issued a crypto card that was specifically designed for Ukrainian refugees in June.

Help Ukrainian families, children, and refugees by donating BTC and ETH to Binance Charity's Ukraine Emergency Relief Fund.

Are you positive that more Ukrainian retailers will offer cryptocurrency payments to their customers in the next few months? Please share your thoughts in the comments below.

By: Lubomir Tassev
Title: Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay
Sourced From:
Published Date: Fri, 16 Sep 2022 09:30:56 +0000

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