Binance Aids Crypto Payments in Ukranian Supermarket VARUS Sep 17, 2022 Sep 17, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 17, 2022 by Kelly Cromley

Binance Aids Crypto Payments in Ukranian Supermarket VARUS

Binance has announced a partnership with the Ukrainian grocery chain VARUS in order to facilitate crypto payments for food shopping via its Binance Pay Wallet.

As per Cointelegraph, the grocery shop is among the biggest firms located in Ukraine, with more than 111 locations in 28 cities. The agreement would enable quick crypto payments and delivery in nine Ukrainian towns, including Kiev, Dnipro, Kamianske, Kryvyi Rih, Zaporizhia, Brovary, Nikopol, Vyshgorod, and Pavlograd, according to the business.

Apparently, the firm has announced a reward fund offer in which clients who purchase any item from the VARUS Delivery Program with a value more than UAH 500 and pay using Binance Pay will get UAH 100.

Based on data gave by Cointelegraph, a Ukrainian POS and crypto payments startup, Whitepay, established a new scheme allowing Ukrainians to spend on electronics as well as other things using cryptos. Vitalik Buterin, the inventor of Ethereum, remarked during this year’s Kyiv Tech Summit, held between September 6 and 9 in Ukraine, that Ukraine is anticipated to become the next Web3.0 center.

“A nation may become a Web3 center if its population is enthusiastic about this technology and contribute significantly to its advancement. “Ukraine possesses both the means and the will to do this,” Buterin continued.

According to its website, Cointelegraph was launched in 2013 as a digital content resource providing information on blockchain technology, crypto assets, and emerging issues in financial technology (fintech). Its mission is to give information from both the decentralized and centralized worlds. Their journalistic output focuses on presenting news, statistics, cryptocurrency price data, opinion articles, and stories on the worldwide revolution brought about by digital cryptocurrencies.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.