Bitcoin is now accepted by two Ukrainian tech giants
- Crypto adoption in Ukraine expands to 100 stores
- BTC price at time of writing – $21,491.31
- Customers can pay in cryptocurrency through a purchase form
Bitcoin and other cryptos are currently accepted as payment methods at two of Ukraine’s largest technology retailers: Techno Їzhak and Stylus.
Customers can now purchase items from any retailer that uses Bitcoin from their online stores, or from their consolidated 100+ stores.
According to a report from Ukrainian outlet Obozrevatel, Bitcoin installments at the two organizations will be handled through the crypto trading provider, WhitePay.
While paying online, clients can pay in digital currency through a secure structure. Face to face, WhitePay’s merchant location framework will print a QR linked to a receipt for the exchange.
WhitePay falls under the WhiteBIT ecosystem
The receipt contains insight into the exchange type, organisation, commissions paid, conversion scale and time frame for the exchange.
WhitePay falls under WhiteBIT’s environment – the largest cryptographic money exchange in Europe. Through WhiteBIT, the two organizations will actually want to recognize 130 unique digital currencies – with more to come from here on out.
Whitepay CEO Gleb Udovichenko said that the association is getting ready in Ukraine for the computerized resource market.
crypto reception has filled Ukraine since the country was attacked by Russia. The country’s deputy prime minister asked for digital currency donations from around the world to help their cause, getting more than $100 million in aid.
According to Ukraine’s Deputy Minister of Digital Transformation, these gifts were “fundamental” to support the Ukrainian war effort.
In March, President Zelensky flagged a regulatory bill sanctioning digital currencies, while assigning specific administrative bodies to neglect the area.
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What makes Bitcoin unique?
Bitcoin’s most exceptional advantage comes from the way it was the absolute first digital currency to appear accessible.
The emergence of the most important digital currency has created a sensible and mechanical premise that in this way awakened the improvement of thousands of competing projects.
The entire digital currency market – currently worth more than $2 trillion – depends on the idea recognized by Bitcoin: cash that can be sent and received by anyone, anywhere on the planet without dependence on trusted persons, such as banks and monetary authorities organizations.
