Business news from Ukraine

Business news from Ukraine

CRYPTO EXCHANGE WHITEBIT TO INTEGRATE WITH DIIA

The European cryptocurrency exchange WhiteBIT has launched integration with the Diia public service, the company’s press service reported on Saturday.

WhiteBIT said that thanks to integration with the Diia application, now any user from Ukraine can pass KYC verification on the WhiteBIT exchange in less than one minute. Usually this procedure on all cryptocurrency exchanges requires filling out a questionnaire, scanning documents and time for verification. To pass KYC, it will be enough to select “Quick verification with the Diia app.” After that one needs to confirm the transfer of documents on the Diia app.

“In the conditions of war, cryptocurrency becomes a powerful tool for strengthening the defense capability of our country. It allows raising money for humanitarian aid, the needs of the Armed Forces of Ukraine and terrorist defense. People from all over the world want and are ready to support Ukraine through donations of their cryptoassets. We do not stand aside, but strive be the first to introduce innovations, simplify the path of users and make their interaction with WhiteBIT as comfortable as possible. After all, this, among other things, helps the Ukrainian economy, the army, people who are in trouble because of the war. We are glad that the state is becoming a convenient service and our cooperation with the Ministry of Digital Transformation confirms this. Instead of wasting time on a routine, now our clients can go through the verification procedure in just two clicks,” WhiteBIT CEO Vladimir Nosov is quoted as saying.

In addition, WhiteBIT said that the company has created a joint project with WhitePay, where everyone can choose from more than 90 cryptocurrencies and send funds to help the Ministry of Health or injured civilians, the Armed Forces of Ukraine and the territorial defense.

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