LocalBitcoins cancels commissions for Ukrainians

LocalBitcoins cancels commissions for Ukrainians

The world’s largest cryptocurrency exchange said on March 1 on its Twitter account that transaction fees will not be charged even for those Ukrainians who are outside the country.

In addition, no matter where users from Ukraine are, they will be able to receive cryptocurrency instantly. As well as quickly convert deposited BTC into Ukrainian hryvnias.

“The main value of LocalBitcoins is freedom. We understand that the citizens of Ukraine are going through difficult times right now. For this reason, we removed all fees for Ukrainian users and guaranteed a free Bitcoin wallet,” said Jukka Blomberg, the company’s marketing director.

After the publication of this announcement, the volume of trading in Ukrainian hryvnia reached a record level on the cryptocurrency market. In addition to LocalBitcoins, such results noted Binance and the Ukrainian exchange Kuna.

Recall, today analysts Arcane Research noted that the situation in Ukraine led to an increase in Bitcoin trading volume

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Written by Renat
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