{"id":4537,"date":"2022-04-29T09:18:21","date_gmt":"2022-04-29T02:18:21","guid":{"rendered":"https:\/\/test.wikibinance.com\/?p=1174"},"modified":"2022-08-23T14:13:25","modified_gmt":"2022-08-23T07:13:25","slug":"binance-issues-cryptocurrency-cards-to-ukrainian-refugees","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/news\/binance-issues-cryptocurrency-cards-to-ukrainian-refugees.html","title":{"rendered":"Binance issues crypto cards to Ukrainian refugees"},"content":{"rendered":"

Binance’s side announced that it is working to provide refugees affected by the Ukraine conflict with a way of exchanging cryptocurrencies as well as making purchases within the European Economic Area (EEA). The coordinating parties include European banking platforms such as Contis, non-profit organizations Rotary and Palianytsia.<\/span><\/p>\n

\"Binance Binance’s cryptocurrency card issuance action is intended to emphasize the importance of cryptocurrencies in social issues. \/caption] In addition to access to cryptocurrency transactions, card recipients who have been verified by their local non-profit organizations will receive financial support from Binance in the form of Binance USD (BUSD). Within three months, they will receive 75 BUSDs per month, a donation proposed by the United Nations High Commissioner for Refugees (UNHCR).<\/span> Helen Hai, head of Binance Charity, said the card was not a “commercial product.” Its main goal is to provide a functional payment tool for receiving and spending donations. Helen Hai also explained that this is an important act that contributes to emphasizing the contribution of cryptocurrencies in society.<\/span><\/p>\n

“The whole world can observe the important role of cryptocurrencies and how it transforms our reality. It can be seen that cryptocurrencies play a practical role in fundraising and bring much-needed humanitarian assistance to Ukraine. \u201d<\/span><\/p><\/blockquote>\n

The two also note that this is a good example of how cryptocurrencies can be used not only as a means of trading but also as a means of payment. She believes that cryptocurrencies are a tool that “has no restrictive boundaries, does not require documents and other complex and lengthy bureaucratic procedures, and has the potential to produce immediate results.”<\/span> In early April, Vitalik Buterin donated $5 million in Ether (ETH) to Ukrainian aid. The Ethereum founder did not post any public notices when he made the donations. This welcome action was discovered after 2 days of launch and received a lot of attention from the community.\u00a0<\/span><\/p>\n

>>> Read more: Traders bet on Ethereum after upgrading to version 2.0<\/a><\/em><\/p>\n\n\n

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Binance’s side announced that it is working to provide refugees affected by the Ukraine conflict with a way of exchanging cryptocurrencies as well as making purchases within the European Economic Area (EEA). The coordinating parties include European banking platforms such as Contis, non-profit organizations Rotary and Palianytsia. Binance’s cryptocurrency card issuance action is intended to […]<\/p>\n","protected":false},"author":1,"featured_media":1176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[392],"tags":[1457],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4537"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=4537"}],"version-history":[{"count":3,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4537\/revisions"}],"predecessor-version":[{"id":5624,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4537\/revisions\/5624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/1176"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=4537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=4537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=4537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}