Ukrainian Supermarket Accepting Cryptocurrency Via Binance Pay

XRP Price Prediction and Recent Trends

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Varus Partners with Binance for Crypto Payments

Varus, a leading Ukrainian supermarket chain with over 100 locations, has announced a partnership with Binance to enable cryptocurrency payments through Binance Pay. This initiative allows users of both the Binance and Varus apps to make instant crypto payments in major Ukrainian cities, including Kyiv, Dnipro, and Zaporizhzhia.

To utilize this feature, users must download the Binance app, available on iOS and Android, and link it to their Binance Pay wallet. Shoppers can then purchase goods on the Varus website using their digital assets, benefiting from fast transactions and delivery.

Broader Adoption of Cryptocurrency in Ukraine

Varus is not the first Ukrainian retailer to adopt cryptocurrency payments. Earlier in 2022, Foxtrot, a home appliances and electronics chain, integrated Binance Pay as a payment method. Additionally, Whitepay, a payment platform launched by European crypto exchange Whitebit, has enabled crypto payments for major tech stores like Tehnoezh and Stylus.

Ukraine has been at the forefront of cryptocurrency adoption, implementing regulations to govern its use. Amid the ongoing conflict with Russia, Binance has become a key platform for accepting donations and raising funds globally.

The Growing Importance of Cryptocurrency in Ukraine

The partnership between Varus and Binance underscores Ukraine's progressive stance on cryptocurrency adoption. As more retailers integrate crypto payments, the country continues to solidify its position as a hub for digital asset utilization, driven by both consumer demand and strategic partnerships.