Binance to launch Refugee Crypto Card for Ukrainians

Binance presented the card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia.

  • Binance Refugee Crypto Card has been created in partnership with Contis, it will allow displaced Ukrainians to make or receive crypto payments and complete purchases at retailers in the EEA who accept card payments.
  • As part of the programme, Binance Charity is working with various non-profit organizations including Rotary and Palianytsia Charity Initiative to provide crypto-based cash assistance through the Refugee Crypto Card that will allow relatives or acquaintances to transfer crypto to the new cards and Binance wallets to support their loved ones.
  • Refugees who are verified by local non-profit organizations and applied for the Binance Refugee Crypto Cards will receive 75 BUSD, equivalent value to US$75 per month for three months. The BUSD cryptocurrency will be converted to local currency automatically during the card payment.
  • Getting and using a card is free. To obtain a Binance Refugee Crypto Card, refugees will need to use an existing account registered in Ukraine or register a new Binance account using a Ukrainian home address, even if currently living in another EEA country. All users will be required to complete full KYC verification.

Kirill Khomyakov, General Manager of Binance in Ukraine: “To date, some 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 charitable organizations, and, if necessary, receive cryptocurrency from any other wallets.”

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