- Binance will launch a “charity crypto card” for Ukrainians who need assistance in leaving the country.
- The company has already given $10 million in aid to Ukraine.
- WhiteBIT to assist citizens of Ukraine who have been forced to leave the country.
The largest crypto trading platform Binance and the Ukrainian WhiteBIT have given their active support for humanitarian efforts amidst the ongoing war happening in Ukraine. The crypto exchanges are looking to help Ukrainian refugees who had to leave their country due to Russia’s invasion.
Binance to Launch Charity Crypto Card
Mykhailo Fedorov, Ukraine’s Minister of Digital Transformation, disclosed on Telegram their continuous work with Binance CEO Changpeng Zhao and his department on cryptocurrency adoption.
Binance will release a “charity crypto card” this month for Ukrainian citizens who have been displaced. Additionally, the crypto exchange plans to support “crypto literacy projects”. This will help Ukrainians gain digital skills and “acquire new digital professions.”
Federov also emphasized that Binance has already given $10 million in aid to Ukraine. Moreover, this will soon increase to $20 million. The fund comes from Binance Charity’s Ukraine Emergency Relief Fund.
To support Ukrainian refugees, families, and children, users send donations via BTC, ETH, and BNB to this binance.charity/Ukraine-Emergency-Relief-Fund.
WhiteBIT Collaborates With Ukraine’s Foreign Ministry
In other news, Ukrainian exchange WhiteBIT has signed a partnership with the Ministry of Foreign Affairs of Ukraine.
The WhiteBIT team described in its blog post:
“We continue to work, establish cooperation with the state, and help Ukraine. By scaling up the business in other countries, we scale up social projects essential for maintaining democracy and European values.”
According to the blog post, WhiteBIT will assist Ukraine’s Consular Service in countries where they have an office. They will also clear the passage for “foreign diplomatic institutions to barrier-free digital spaces”. The company also guaranteed its support for the Anti-Crisis Center for the Ministry of Foreign Affairs and the call center. This is to give consultations to Ukrainians in need of help.
Recommended News :
Crypto News Land (cryptonewsland.com), also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.