{"id":19791,"date":"2022-03-02T19:20:40","date_gmt":"2022-03-02T18:20:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=19791"},"modified":"2022-03-02T19:20:48","modified_gmt":"2022-03-02T18:20:48","slug":"https-coinscreed-com-a-cryptocurrency-exchange-removes-fee-charges-for-ukrainian-customers-html","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/https-coinscreed-com-a-cryptocurrency-exchange-removes-fee-charges-for-ukrainian-customers-html\/","title":{"rendered":"Just\u00a0in:\u00a0A cryptocurrency\u00a0exchange\u00a0removes\u00a0fee charges\u00a0for\u00a0Ukrainian\u00a0customers."},"content":{"rendered":"\n
As\u00a0crypto\u00a0market\u00a0participants\u00a0have\u00a0expressed\u00a0support\u00a0for\u00a0Ukraine,<\/a>\u00a0more\u00a0goodwill\u00a0continues\u00a0to\u00a0flood\u00a0in.\u00a0LocalBitcoins,\u00a0a\u00a0renowned\u00a0global\u00a0peer-to-peer\u00a0Bitcoin\u00a0marketplace,\u00a0has\u00a0shown\u00a0its\u00a0support\u00a0for\u00a0Ukraine\u00a0during\u00a0this\u00a0difficult\u00a0time.<\/h5>\n\n\n\n
\"\"<\/figure><\/div>\n\n\n\n

LocalBitcoins, a cryptocurrency exchange, is a supporter of Ukraine.<\/p>\n\n\n\n

LocalBitcoins is waiving trading costs for Ukrainians using the exchange, both inside and outside the nation, until further notice as a gesture of support. LocalBitcoins' Chief Marketing Officer, Jukka Blomberg, stated in a press release:<\/p>\n\n\n\n

LocalBitcoins\u2019 core value is freedom. We understand that at the moment Ukraine is facing extremely challenging times. For this reason, LocalBitcoins has removed all fees from its Ukrainian users.<\/p><\/blockquote>\n\n\n\n

The exchange said on Twitter that the move implies that all registered Ukrainians now have access to a free Bitcoin wallet. Ukraine will also be able to convert contributed Bitcoins into Hryvnia, their local currency.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

In\u00a0the\u00a0roughly\u00a0seven\u00a0days\u00a0that\u00a0the\u00a0war\u00a0has\u00a0lasted,\u00a0cryptocurrency\u00a0transactions\u00a0have\u00a0witnessed\u00a0a\u00a0significant\u00a0increase\u00a0in\u00a0both\u00a0Ukraine\u00a0and\u00a0Russia.\u00a0According\u00a0to\u00a0Coin\u00a0Metrics\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>,\u00a0crypto\u00a0exchanges\u00a0in\u00a0Ukraine,\u00a0including\u00a0Binance,\u00a0LocalBitcoins,\u00a0and\u00a0Kuna,\u00a0have\u00a0experienced\u00a0substantial\u00a0growth.\u00a0According\u00a0to\u00a0the\u00a0article,\u00a0Hryvnia\u00a0trading\u00a0pairings\u00a0with\u00a0Bitcoin\u00a0(BTC),\u00a0Ether\u00a0(ETH),\u00a0and\u00a0stablecoins\u00a0like\u00a0Tether\u00a0(USDT)\u00a0have\u00a0reached\u00a0some\u00a0of\u00a0their\u00a0greatest\u00a0levels\u00a0ever.<\/p>\n\n\n\n

Meanwhile, the crypto community continues to mobilize massively in favor of Ukraine. According to SlowMist's dashboard monitoring the various crypto wallets, crypto donations to the Ukrainian government, as well as other entities and NGOs supporting the country, have topped $50.9 million.<\/p>\n\n\n\n

Ukraine's<\/a>\u00a0government\u00a0has\u00a0also\u00a0been\u00a0increasing\u00a0the\u00a0number\u00a0of\u00a0cryptocurrencies\u00a0it\u00a0accepts\u00a0as\u00a0donations.\u00a0It\u00a0has\u00a0introduced\u00a0an\u00a0official\u00a0Dogecoin\u00a0(DOGE)\u00a0wallet\u00a0today,\u00a0after\u00a0adding\u00a0a\u00a0Polkadot\u00a0(DOT)\u00a0wallet\u00a0yesterday.\u00a0Ukraine\u00a0has\u00a0also\u00a0declared\u00a0that\u00a0it\u00a0will\u00a0do\u00a0a\u00a0cryptocurrency\u00a0airdrop.<\/p>\n\n\n\n

The\u00a0price\u00a0of\u00a0bitcoin\u00a0continues\u00a0to\u00a0rise.<\/strong><\/h2>\n\n\n\n

Bitcoin's price has been steadily rising in recent days, reaching an intraday high of $44,634 today. Bitcoin, however, is currently trading at roughly $43,700, down 1.8 percent in the last 24 hours.<\/p>\n\n\n\n

As governments try to isolate Russia's economy, the market has defied predictions that sanctions may be imposed on cryptocurrency. Analysts, on the other hand, have downplayed the concerns, claiming that crypto, particularly Bitcoin, which is a public ledger, would not be viable for Russia to utilize to escape sanctions.<\/p>\n","protected":false},"excerpt":{"rendered":"

As\u00a0crypto\u00a0market\u00a0participants\u00a0have\u00a0expressed\u00a0support\u00a0for\u00a0Ukraine,\u00a0more\u00a0goodwill\u00a0continues\u00a0to\u00a0flood\u00a0in.\u00a0LocalBitcoins,\u00a0a\u00a0renowned\u00a0global\u00a0peer-to-peer\u00a0Bitcoin\u00a0marketplace,\u00a0has\u00a0shown\u00a0its\u00a0support\u00a0for\u00a0Ukraine\u00a0during\u00a0this\u00a0difficult\u00a0time. LocalBitcoins, a cryptocurrency exchange, is a supporter of Ukraine. LocalBitcoins is waiving trading costs for Ukrainians using the exchange, both inside and outside the nation, until further notice as a gesture of support. LocalBitcoins’ Chief Marketing Officer, Jukka Blomberg, stated in a press release: LocalBitcoins\u2019 core value is freedom. We understand that at the moment Ukraine is facing extremely challenging times. For this reason, LocalBitcoins has removed all fees from its Ukrainian users. The exchange said on Twitter that the move implies that all registered Ukrainians now have access to a free Bitcoin wallet. Ukraine will also be able to convert contributed Bitcoins into Hryvnia, their local currency. In\u00a0the\u00a0roughly\u00a0seven\u00a0days\u00a0that\u00a0the\u00a0war\u00a0has\u00a0lasted,\u00a0cryptocurrency\u00a0transactions\u00a0have\u00a0witnessed\u00a0a\u00a0significant\u00a0increase\u00a0in\u00a0both\u00a0Ukraine\u00a0and\u00a0Russia.\u00a0According\u00a0to\u00a0Coin\u00a0Metrics ,\u00a0crypto\u00a0exchanges\u00a0in\u00a0Ukraine,\u00a0including\u00a0Binance,\u00a0LocalBitcoins,\u00a0and\u00a0Kuna,\u00a0have\u00a0experienced\u00a0substantial\u00a0growth.\u00a0According\u00a0to\u00a0the\u00a0article,\u00a0Hryvnia\u00a0trading\u00a0pairings\u00a0with\u00a0Bitcoin\u00a0(BTC),\u00a0Ether\u00a0(ETH),\u00a0and\u00a0stablecoins\u00a0like\u00a0Tether\u00a0(USDT)\u00a0have\u00a0reached\u00a0some\u00a0of\u00a0their\u00a0greatest\u00a0levels\u00a0ever. Meanwhile, the crypto community continues to mobilize massively in favor of Ukraine. According to SlowMist’s dashboard monitoring the various crypto wallets, crypto donations to the Ukrainian government, as well as other entities and NGOs supporting the country, have topped $50.9 million. Ukraine’s\u00a0government\u00a0has\u00a0also\u00a0been\u00a0increasing\u00a0the\u00a0number\u00a0of\u00a0cryptocurrencies\u00a0it\u00a0accepts\u00a0as\u00a0donations.\u00a0It\u00a0has\u00a0introduced\u00a0an\u00a0official\u00a0Dogecoin\u00a0(DOGE)\u00a0wallet\u00a0today,\u00a0after\u00a0adding\u00a0a\u00a0Polkadot\u00a0(DOT)\u00a0wallet\u00a0yesterday.\u00a0Ukraine\u00a0has\u00a0also\u00a0declared\u00a0that\u00a0it\u00a0will\u00a0do\u00a0a\u00a0cryptocurrency\u00a0airdrop. The\u00a0price\u00a0of\u00a0bitcoin\u00a0continues\u00a0to\u00a0rise. Bitcoin’s price has been steadily rising in recent days, reaching an intraday high of $44,634 today. Bitcoin, however, is currently trading at roughly $43,700, down 1.8 percent in the last 24 hours. As governments try to isolate Russia’s economy, the market has defied predictions that sanctions may be imposed on cryptocurrency. Analysts, on the other hand, have downplayed the concerns, claiming that crypto, particularly Bitcoin, which is a public ledger, would not be viable for Russia to utilize to escape sanctions.<\/p>\n","protected":false},"author":32,"featured_media":19805,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83,26],"tags":[5519,7135,132],"class_list":["post-19791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","category-cryptocurrencies","tag-russia-2","tag-ukraine-2","tag-crypto"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/local-bitcoin-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=19791"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/19791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/19805"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=19791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=19791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=19791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}