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Binance Crypto Exchange to Participate in Ukraine’s Digital Development

10:37 pm, July 6, 2022

The cryptocurrency exchange Binance, along with major global corporations, has joined the Digital4Freedom project, which aims to help Ukraine in its digital development.

The project of the global digital landlord was presented at the Ukraine Recovery Conference in Lugano, Switzerland. As reported on the official telegram channel of the Ministry of Digital Transformation of Ukraine, the organizers hope to bring together leading technology companies to «build and digitize Ukraine.»

Since the first days of the Russian-Ukrainian war, Binance has made and continues to make the most significant contribution to helping Ukrainians among cryptocurrency companies. In addition to financial assistance to Ukrainian refugees, the exchange has launched a hryvnia gift card. With this card, users can transfer hryvnias to crypto exchanges without a commission. Also in early June, Binance announced the launch of a charity NFT collection called Dial 103 to Save Lives in cooperation with the United Ukraine Foundation. Their charity fund allocated millions of dollars for the purchase of medicines and food. And for refugees in Europe, the exchange issued special cryptocurrency cards and provided assistance in the amount of 75 BUSD for 3 months.

Also at the end of June, Binance, together with the Ministry of Digital Transformation of Ukraine, announced the launch of a new project IT Generation. As part of the partnership, Binance Charity will allocate $ 1 million in BUSD to provide scholarships to 1000 Ukrainians.

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