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Bitcoin Acceptance by Two Tech Giants in Ukraine…Details Here

Bitcoin Acceptance by Two Tech Giants in Ukraine…Details Here

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Answer Bitcoin Acceptance by Two Tech Giants in Ukraine…Details Here

Two Ukrainian tech giants, Techno Їzhak and Stylus, have announced the acceptance of Bitcoin and other cryptocurrencies as payment.

Customers can now purchase products with Bitcoin from their online stores, or through more than 100 retail sites.

According to a reportObozrevatel“Bitcoin payments in both companies will be facilitated by provider WhitePay.

When paying online, customers can pay with cryptocurrency and get rewards and winnings for it.

While WhitePay’s POS system will print a QR along with the transaction receipt.

The receipt includes details about the type of transaction, network, commissions paid, exchange rate and time period of the transaction.

WhitePay falls within the WhiteBIT ecosystem and is one of the largest cryptocurrency exchanges in Europe.

Read:Bittrex reveals the date of the launch of its cryptocurrency

Through WhiteBIT, both companies will be able to accept 130 different cryptocurrencies with an announcement that more will be supported in the future.

Whitepay CEO Gleb Odovichenko commented that the partnership helps Ukraine to dive further into the digital asset market.

he added:

Ukraine is at the forefront in terms of the number of cryptocurrency owners in the world and the volume of transactions.

We provide buyers with more options for using their crypto assets.

The adoption of cryptocurrency in Ukraine has grown since the start of the war between it and Russia.

The country’s deputy prime minister has requested donations of cryptocurrency from around the world to support their cause, garnering more than $100 million in support.

According to Ukraine’s Deputy Minister of Digital Transformation, these donations were essential in supporting the Ukrainian war effort.

In March, President Zelensky signed a bill legalizing cryptocurrencies, with some regulators appointed to oversee the sector.

Read:Bitcoin is close to closing its first green week after 9 weekly closes in red

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