Bitcoin is now accepted by two Ukrainian tech giants: Report


Bitcoin and other cryptocurrencies are now accepted as payment methods by two of Ukraine’s largest tech retailers, Techno Їzhak and Stylus.

Customers can now purchase from each retailer using Bitcoin from their online stores or from the combined 100+ retail locations.

  • Exit report from Ukraine ObozrevatelIn both companies, Bitcoin payments are facilitated through crypto point-of-sale provider WhitePay.
  • When paying online, customers can pay via cryptocurrency access form. Physically, Whitepay’s point of sale system will print a QR attached to the transaction receipt.
  • The receipt includes details about the transaction type, network, commissions paid, exchange rate and duration of the transaction.
  • WhitePay falls under the Whitebit ecosystem – the largest cryptocurrency exchange in Europe.
  • Through WhiteBIT, both companies can accept 130 different cryptocurrencies – with more to come.
  • Whitepay CEO Gleb Udovichenko said the partnership is preparing Ukraine for the digital asset market.
  • “Ukraine is not the first year of leadership in the world in terms of the number of cryptocurrency owners and the number of transactions,” he explained. “We offer buyers more options to use their cryptocurrency assets.”

  • That said, crypto adoption has grown in Ukraine since the nation was invaded by Russia. The country’s deputy prime minister asked cryptocurrency contributions They have received over $100 million in donations from around the world to support their cause.
  • According to the Deputy Minister of Digital Transformation of Ukraine, these donations “Important” in support of the war in Ukraine.
  • In March, President Zelensky The bill was signed Towards legislation to legitimize cryptocurrencies while some regulatory bodies have designated the sector as neglected.
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