Binance to launch cryptocurrency payment card in Ukraine

Cryptocurrencies and crypto wallets | February 2, 2022 by PavelFredooc | 2 Replies | 1,383 Views | 0 Reactions

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Published: February 2, 2022 #1

One of the world’s largest crypto exchanges, Binance, plans to launch a payment card in Ukraine. The owner of this card will be able to buy any goods or services with cryptocurrency, since digital assets will be automatically converted into hryvnia.

PavelFredooc, February 2, 2022

“We plan to take a dominant market share in Ukraine. Right now we are working on launching a Binance payment card in Ukraine with a balance in cryptocurrencies and automatic conversion at the time of payment. The card will be implemented in collaboration with our local partners,” said Khomyakov.

Currently citizens of Ukraine who have accounts on Binance can submit an application to receive such a card in the future.

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Published: February 2, 2022 #2

I wonder which bank will service it exactly? It seems to me that it will be Monobank that takes on this burden.

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