Binance lanza Refugee Crypto Card to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. the Ukrainians forced to leave their country victim of the Russian invasion.
Some news is worth sharing: news that reflects solidarity in difficult times. Binance, the world’s largest cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. platform, launched today theBinance Refugee Crypto Card for all current and new users of Binance Ukrainians who were forced to move to countries of the European Economic Area, EEA, as a result of the war with Russia.
The Binance card has been created in partnership with Contis. It will allow displaced Ukrainians to make or receive crypto-payments and complete purchases at EEA retailers that accept card payments.
“At such a difficult time for Ukraine, it is clear that cryptocurrencies are useful as they offer a fast, cheap and secure way to transfer funds to help people with their urgent financial needs.” , dijo Helen Hai, directora de Binance Charity.
Kirill Khomyakov, General Manager of Binance in Ukraine, said: “To date, about four million people have already left Ukraine. It is our responsibility to help people who have suffered from the war and were forced to leave their homes. The Binance Refugee Card will allow Ukrainians to get help from Binance and other charities and, if necessary, receive cryptocurrencies from any other wallet.”
Como parte del programa, Binance Charity is working with a number of non-profit organizations, including Rotary y Palianytsia to provide cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. assistance based on cryptocurrencies through Refugee Crypto Card, that will allow family members or acquaintances to transfer cryptocurrencies to the new cards and wallets of Binance to support their loved ones.
75 per head
Refugees who are verified by local non-profit organizations and who apply for the Crypto Cards deBinance Refugee will receive 75 BUSD (the native stablecoin a cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency. of Binance), a value equivalent to US $75 per month for three months in accordance with the donation levels recommended by ACNUR, the UN Refugee Agency. The BUSD cryptocurrency will be converted to local currency currency is a medium of exchange that defines value. automatically during card payment.
Getting and using a card is free. To get aCrypto Card de Binance Refugee, the refugees should use an existing account an account is essentially a whose purpose is to track the financial activities of a specific asset/ registered in Ukraine or register a new Ukrainian account. Binance using a Ukrainian home address, even if they currently live in another EEA country. All users will be required to complete the full KYC ‘Know Your Client’. A procedure when a trading platform or exchange would require you to confirm your identity in order for you to use them. verification, which allows them, among other things, to prove nationality.
Helen Hai agrego: “We want to see blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. work for people, solving real-world problems and using it as a tool to connect those who want to help, directly with those in need. We will continue to develop initiatives and partnerships to help the Ukrainian people and will continue to develop crypto and blockchain tools to help those suffering from conflict in other parts of the world.”
Other war measures
Prior to this measure, Binance allocated US$10 million through the United States Agency for International Development (USAID).Binance Charity to support displaced children and families in Ukraine and neighbouring countries. This includes providing shelter, food, clean water, medical supplies, cash assistance and psychological support to those who have been forced to seek refuge. Binance Charity is also focusing its efforts on working with organizations in the country to support civilians who have not been able to leave and face an even greater threat of danger.
In addition,Binance Charity created a cryptocurrency crowdfunding crowdfunding enables fundraisers to collect money from a large number of people through a variety of different platforms. site “Emergency Assistance Fund for Ukraine” for people around the world to donate cryptocurrencies to support Ukraine. It has already raised around USD $1 million.
Likewise, in relation to the cause of the war, Russia, a few days ago the exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. announced that it was limiting crypto transactions to Russian individuals and entities through its platform.
Binance CEO Changpeng Zhao shared the information via Twitter:
– CZ changpeng Zhao (CZ) is the founder of crypto exchange Binance. ???? Binance (@cz_binance) April 26, 2022
Sources: Binance , Twitter, archivo
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